Lendmark Financial Services Celebrates Growth Milestones: 500 Branches, 500K Customers, 2K Employees & More
The New Year marks an era of tremendous growth for Lendmark Financial Services , a leading provider of household credit and consumer loan solutions.
The New Year marks an era of tremendous growth for Lendmark Financial Services, a leading provider of household credit and consumer loan solutions. The Atlanta-based lender has now opened its 500th branch, reaching this milestone after opening 135 branches in just two years. The company’s growth now allows it to serve nearly 500,000 customers annually across 21 states and employ more than 2,000 corporate, branch and support staff across the nation.
“Lendmark celebrates its 27th anniversary this year, founded in 1996 with the goal of providing Americans with better access to affordable household credit solutions, and helping them meet planned and unplanned life events with confidence,” said Bobby Aiken, CEO and founder of Lendmark Financial Services. “As we celebrate our 500th branch, I am humbled by how far our reach has grown and how many communities and families Lendmark has helped along the way.”
Lendmark’s 500th branch opened in Lake Charles, La. in late December. The Lake Charles branch is one of nine new locations in Louisiana since Lendmark’s expansion into the state starting in April 2022. The company also expanded into Missouri in 2022, opening five branches throughout the state last year.
This 500th branch caps – but does not end – a high growth era for Lendmark, with 65 branches opened in 2022 and 70 in 2021. Lendmark has plans to continue expanding within its 21-state footprint during 2023.
In addition to reaching more consumers, Lendmark branches also bring financial services jobs with proven career advancement opportunities to the communities in which they operate.
Corporate leadership at Lendmark is also evolving and developing, with Lendmark celebrating its first two graduates from the company’s Executive Leadership Program (ELP). This new program provides promising Lendmark talent with the opportunity to work in a variety of different departments over the course of a year, expanding their knowledge of the company and improving their business acumen and leadership skillsets.
During 2022, Lendmark also expanded its signature corporate philanthropic initiative – Climb to Cure. The company announced a goal to raise $10 million in 10 years for its nonprofit partner CURE Childhood Cancer, an Atlanta-based nonprofit with national impact that is dedicated to funding targeted pediatric cancer research while supporting patients and their families. Lendmark is now nearly halfway to this goal, which it plans to reach in 2025 to mark its 10th year partnering with CURE and CURE’s 50th anniversary.
In honor of Lendmark’s 25th anniversary, Bobby Aiken wrote a book describing his role in founding the company in 1996 and his learnings about servant leadership and social impact. Titled Together is How We Roll: The Power of a Winning Team, the first-run publication was distributed to the company’s management in Q4 2022, with plans to make public purchase available in 2023 with proceeds going to CURE.
“Financial wellbeing is a vital part of any American household, and if there is anything the last few decades have taught me, it is that even a smaller company can have far reaching positive impact on the lives of many,” said Aiken. “That is why we will continue to expand our footprint and build many more trusted relationships within the communities that we serve.”
To find a nearby Lendmark branch, visit www.lendmarkfinancial.com/branch-finder.
About Lendmark Financial Services
Lendmark Financial Services provides personal and household credit, as well as loan solutions, to consumers. Founded in 1996, Lendmark strives to be the lender, employer, and partner of choice by protecting household wealth, offering stability, and helping consumers meet both planned and unplanned life events through affordable loan offerings. Today, Lendmark operates more than 500 branches in 21 states across the country, providing personalized services to customers and retail business partners with every transaction. Lendmark is headquartered in Lawrenceville, Ga. For more information, visit www.lendmark.info.
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