FLM Loans Rebranded

If you're looking for FLM they have now been re-named Amigo

Apply to Amigo Only

FLM loaned money to over 60,000 customers 🧑‍🤝‍🧑

  • Originally part of the Richmond Group, FLM was formed in 2004.
  • In April 2012 they were rebranded as Amigo Loans who are now one of the most prominent lenders in the guarantor loans market.
  • During the eight years, they were in the market FLM loaned money to over 60,000 customers. Their loans aimed to be:

Cheaper, easier and more flexible than anything else out there!

Frequently asked questions


What sort of loans did FLM do?

FLM offered guarantor loans, loans that require a backer, perhaps a friend or family member, to support your application. Find out more about a guarantor loan here.


Why they re-branded

Explaining why they chose to rebrand as Amigo, the founder and CEO of the company, James Benamor, said:

The product was so popular in the first year and brought in so many words of mouth referrals that we didn’t want to re-brand but eventually, the number of people getting our name wrong (FLN, SLM, FML…) meant we had to.


Previously just called a loan?

James Benamor also points out that what we now call a guarantor loan many would consider being simply what we would have once called a loan.

  • Before the introduction of computerised credit scores any loan application you made would have been to your bank manager and he would have based his lending decision on your individual financial circumstances.
  • He would know your income and savings and would make an informed decision about your ability to meet loan repayments based on these.
  • Now computers are involved in the process it is very difficult to get over issues such as bad credit ratings and arrears.
  • Most forms of traditional lending have very little inbuilt flexibility so it was up to companies like FLM to offer an affordable alternative to payday loans.
  • The type of loans on offer was meant to be cheap, flexible and available to all no matter what your financial circumstances as long as the repayments were affordable.

Company Info

Amigo Representative Example

Borrowing £4,000 over 36 months, repaying £195.16 per month, total repayable £7,025.76. Interest rate 49.9% (variable). Subject to status.