Work Here?
LoanStreet offers a technology-based platform designed for financial institutions, particularly credit unions and banks, to manage their loan portfolios more effectively. The platform focuses on loan participations, which allow multiple lenders to share the risks and rewards of a loan. LoanStreet automates and standardizes the entire loan participation process, from origination to maturity, making it easier for institutions to handle their loans. It provides detailed reporting tools and increased transparency by tracking various loan characteristics, including metrics like long-term prepayment rates. Unlike its competitors, LoanStreet emphasizes automation and efficiency, helping clients scale their participation programs. The company's goal is to enhance balance sheet management, increase income, and reduce risk for financial institutions.
Company Stage
Series B
Employees
51-200
Industries
Fintech, Financial Services
Total Funding
$42.6M
Headquarters
N/A
Founded
2013
Help us improve and share your feedback! Did you find this helpful?
Find jobs on Simplify and start your career today