Cincinnati, OH (PRWEB) February 28, 2013
LendKey (formerly Fynanz), the cloud-based lending technology company located in New York City, has recently opened a second office location in the suburbs of Cincinnati. LendKey will continue to use its Manhattan office for its management, sales, marketing and technology operations, while the Ohio location will focus on the financial operations of LendKey’s core lending services, including borrower loan servicing and financial control, as well as the introduction of a credit union support services center to provide ongoing support for its 235 credit union lending partners.
“We’ve experienced tremendous growth and have outgrown our current space in New York City,” said Vince Passione, CEO of LendKey. “This growth has provided an opportunity to put in place a LendKey controlled data backup and redundancy plan by transitioning a portion of our business to Ohio and helping to ensure quality for our 235 lending partners that we service.”
LendKey, which had previously operated with 50 employees entirely out of its Manhattan location, expects to create over 70 new jobs in the next three years through its new Ohio based operations, and was recently awarded a payroll tax credit for their commitment to create jobs in the state. “Cincinnati is a great location with a superb workforce capable of building and delivering an exceptional level of service for our lending partners and their borrowers,” said Passione.
Formerly private student lending solutions provider Fynanz, LendKey, located in New York and Ohio, offers cloud-based technology to provide the essential infrastructure for credit union or any party to quickly, securely, efficiently, and profitably lend to anyone else – from those offering loans directly to those structuring new types of loans. LendKey’s lending solutions to credit unions nationwide primarily provide loans pertaining to automobiles, students, or green efforts. The company’s clients and partners, 235 credit unions and the Credit Union National Association, have exclusively leveraged the platform for private student lending purposes. For more information, visit http://www.lendkey.com.