Evolution Lending is changing the way you meet your financial needs. We have provided credit to our local community since 2003 and look forward to assisting you to get the money you need today. A Payday Loan or Cash Advance is a personal loan that provides an alternative to bouncing checks and paying overdraft or late fees. A Payday Loan or Cash Advance is used to cover short term financial needs. They are not a long term financial solution.