iLending Opens Auto Refinance Center in Columbia, SC

Englewood, CO, September 16, 2021 (GLOBE NEWSWIRE) – iLending, a national leader in auto refinancing, today announced the opening of its new office in Columbia, South Carolina. Team members have started working at the facility, and around 40 loan consultants are expected to be hired in 2021, and another 50 by the end of 2022. Loan consultants are the members of the loan team. ‘iLending in direct contact with customers, helping to reduce interest rates on customers. auto loans and saves them an average of $ 144 per month.

“We are thrilled to be in South Carolina, a state with a talented workforce, excellent educational institutions and a significant footprint in financial services,” said Tom Holgate, CEO of iLending. “Members of our Columbia team will work closely with clients across the country, guiding them through the refinancing process to improve their finances and save money. We have built our business on providing the best customer service possible and our new office will help us reach more consumers. ”

“ILending’s decision to open a new center in Colombia is yet another example of South Carolina’s vibrant economy,” said Bob Morgan, President and CEO of the Carolina Chamber of Commerce. South. “The SC Chamber of Commerce is thrilled to welcome iLending to the state and honored to have it as a partner in our efforts to be the leading voice for business in South Carolina.”

“It’s always exciting when a business opens in Richland County, especially when it means more jobs for our strong and skilled workforce,” said Richland County Council Chairman, Paul Livingston. “The Board welcomes iLending to our community and we wish the company great success in this new location.”

“We are delighted that iLending is opening its first location in Southeast Columbia, South Carolina. This company will create 40 new well-paying jobs in the region this year. Columbia was chosen for this location because of its talented workforce and the talent pool generated by our universities and colleges, ”said Ryan Coleman, director of economic development at Columbia.

“Columbia Economic Development has focused on the FINTECH industry as a growth area and opening up iLending is exactly the type of jobs we want to create for Columbia. The Columbia-based office will work nationwide but will also be available to provide services to Columbia and the Midlands, ”said Kay Hampton, deputy director of Columbia Economic Development.

ILending’s automatic refinancing platform, available in all 50 states and Washington, DC, handles the entire lending process, including finding the best rates, paying off the previous lender, and changing the title of the lender. vehicle. iLending is committed to saving customers over $ 50 million on their car payments in 2021 through direct relationships with credit unions and other lending institutions that ensure consumers have access to the best rates available.

Mr Holgate added: “We believe that one in four car loans is too expensive, which means consumers often pay more interest than they should be based on their current credit profile. Many of the clients we serve weren’t even aware that refinancing their car loans was an option for them. Our team in Colombia has a tremendous opportunity to help people and contribute to the growth of our business. “

iLending has significantly stepped up its recruitments to support its growth, including hiring additional senior executives, expanding its Austin, Texas office, and developing nearby partnerships.


About iLending

Founded in 2006, iLending is the national leader in auto refinancing, saving consumers an average of $ 144 per month in car payments. Through a world-class process and strategic partnerships with credit unions and other financial institutions nationwide, iLending offers terms consumers cannot find on their own. iLending exists to improve your financial life by reducing costs and improving peace of mind.

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