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- FreedomPlus abstract "FreedomPlus is a lender that focuses on underwriting loans to prime and sub-prime consumers. FreedomPlus is the consumer brand of Freedom Financial Network, LLC, which is headquartered in San Mateo, California. FreedomPlus developed a proprietary underwriting process that delivers low-cost loans to borrowers and low-risk access to consumer loan portfolios for accredited investors.In December 2013, the Freedom Financial Network announced it received a venture capital commitment of $125 million from Vulcan Capital, which is Vulcan Inc.'s investment company. Freedom Financial Network will use the capital to grow its lending operations and to launch FreedomPlus, an online lending platform set to debut in early 2014. FreedomPlus will be open to accredited investors to invest in pools of loans, but it is not a peer to peer lending company.FreedomPlus will be led by Joseph Toms, the former managing director at LC Advisors, Lending Club’s registered investment advisor subsidiary, and Chief Investment Officer at Prosper Marketplace. Both are peer-to-peer lenders.FreedomPlus will focus on “emerging prime” borrowers with FICO scores between 600 and 749, of which there are 80 million in the US. The maximum loan amount will be $35,000 and the maximum interest rate will be less than 36%, with loan terms of two to five years.The company will use traditional underwriting tools, such as credit scores, when underwriting loans. It will also use a significant human component and talk with borrowers to verify information and understand the goals they wish to accomplish with the loan, to try to find loans that fits borrowers' specific needs.".
- FreedomPlus foundationPlace San_Mateo,_California.
- FreedomPlus foundationPlace United_States.
- FreedomPlus foundingYear "2013".
- FreedomPlus industry Credit_(finance).
- FreedomPlus keyPerson Andrew_Housser.
- FreedomPlus location United_States.
- FreedomPlus numberOfEmployees "600".
- FreedomPlus product Unsecured_debt.
- FreedomPlus regionServed United_States.
- FreedomPlus type Limited_liability_company.
- FreedomPlus wikiPageExternalLink capital.vulcan.com.
- FreedomPlus wikiPageExternalLink www.freedomfinancialnetwork.com.
- FreedomPlus wikiPageExternalLink www.freedomplus.com.
- FreedomPlus wikiPageID "41343599".
- FreedomPlus wikiPageRevisionID "599680160".
- FreedomPlus areaServed United_States.
- FreedomPlus companySlogan "Fast, Simple, Affordable Loans".
- FreedomPlus foundation San_Mateo,_California.
- FreedomPlus foundation United_States.
- FreedomPlus industry Credit_(finance).
- FreedomPlus keyPeople "Andrew Housser, CEO; Joseph Toms, president".
- FreedomPlus location "San Mateo, California, USA".
- FreedomPlus logo "250".
- FreedomPlus name "Freedom Financial Network".
- FreedomPlus numEmployees "600".
- FreedomPlus products Unsecured_debt.
- FreedomPlus type Limited_liability_company.
- FreedomPlus subject Category:Companies_based_in_San_Mateo,_California.
- FreedomPlus subject Category:Companies_established_in_2013.
- FreedomPlus subject Category:Credit.
- FreedomPlus type Agent.
- FreedomPlus type Company.
- FreedomPlus type Organisation.
- FreedomPlus type Organization.
- FreedomPlus type Agent.
- FreedomPlus type SocialPerson.
- FreedomPlus type Thing.
- FreedomPlus comment "FreedomPlus is a lender that focuses on underwriting loans to prime and sub-prime consumers. FreedomPlus is the consumer brand of Freedom Financial Network, LLC, which is headquartered in San Mateo, California.".
- FreedomPlus label "FreedomPlus".
- FreedomPlus sameAs m.0zn0jyn.
- FreedomPlus sameAs Q16993817.
- FreedomPlus sameAs Q16993817.
- FreedomPlus wasDerivedFrom FreedomPlus?oldid=599680160.
- FreedomPlus homepage www.freedomplus.com.
- FreedomPlus isPrimaryTopicOf FreedomPlus.
- FreedomPlus name "Freedom Financial Network".