Ferratum Bank is a subsidiary of the Ferratum Group, which offers its customers the chance to stay current on daily and emergency expenses when they are short on immediate funds. Providing microloans and microloan-related products has earned Ferratum its solid reputation in the microloan industry as well as having earned its 1,500,000 customers within its various countries of operation.
Customers will find Ferratum in the United Kingdom, Australia, Denmark, Belgium, New Zealand, Lithuania, Croatia, Russia, Poland, Spain, Czech and others around the world, particularly in Northern and Eastern Europe.
A company always eager to stay on the cutting edge of technology, forging exciting new paths for its clients. As is often the case, Ferratum pioneered a launch of a Mobile Microloan product in Europe in 2005.
Jorma Jokela, the company’s CEO, believes letting the company be driven by their passion for innovation. Further, the CEO wants Ferratum to take front stage as the leader in the microloan industry by the year 2014, holding the idea that the microloan company has much to offer many more countries and areas around the world.
Jokela further believes in fostering a strong work force of ambitious and driven employees. With a staff of more than 250 professionals, the company continues to grow and thrive in the microloan industry.
As a lending leader, Ferratum provides reliable, ethics professional and transparent services for its individual borrowers and business borrowers. The company is proud to keep its clients confidentiality in mind at all times as well as paying attention to each customer’s busy schedule and circumstances that brought them to the microloan company, understanding that budgets are often tight in the modern world.
Ferratum requires that all customers undergo a credit check and that they have a job to ensure that they will repay their loan in a timely manner. Additionally, the microloan company takes address stability, age and the previous handling of financial matters in the past into account when determining whether they will offer a loan and, if so, in what amount and on what terms they will do so for their customers.