SOURCE: LoanNow

LoanNow

July 29, 2015 11:00 ET

LoanNow Debuts at Number Four on Best Places to Work List

LoanNow's Employee-Friendly Culture Earns Orange County Business Journal's Honor Roll

LOS ANGELES, CA--(Marketwired - Jul 29, 2015) - In its first year of submission, responsible lender LoanNow was ranked fourth in the Best Places to Work in Orange County 2015. The rankings, awarded through a joint partnership between the Orange County Business Journal (OCBJ) and Best Companies Group, were released yesterday. The annual competition surveys employers throughout Orange County and includes for-profit, not-for-profit business and government entities.

"Being a social responsible lender begins with doing right by your employees," says LoanNow co-founder and president, Miron Lulic. "We are honored by this recognition because having a great workplace, one where people can thrive, goes hand-in-glove with producing positive experiences and outcomes for consumers. The happiness of our employees is directly felt by our clients, especially in our role as a direct-to-consumer lender."

The OCBJ evaluation is done through a two-part process. The first part considers an employer's workplace policies, practices, and demographics. The second part is a questionnaire filled out by the company's employees which measures the employee experience and satisfaction levels.

"We invest heavily in our employees," says co-founder and CEO, Harry Langenberg. "Big things such as offering good pay, benefits and career growth, but also little things like special events, company sport teams, and break rooms with cappuccino machines, ping-pong tables and pool tables. Things that help bring a family-like vibe to our offices."

LoanNow's recent hiring of a Career Development Specialist is another way the company invests in its employees. "Few companies our size have a full-time, in-house position dedicated to helping employees achieve their professional goals and implementing career-enhancing initiatives companywide," says Jesse Stockwell, LoanNow's co-founder and lead investor. "But such a position was important to us because we want this to truly be the best place to work."

About LoanNow
LoanNow is a responsible online installment lender offering a more affordable and transparent alternative to payday loans. The Company's goal is to make better loans available to good borrowers by considering their real-time performance during the term of the loan, rather than only evaluating their historical track record. Its repayment motivation algorithm incentivizes good financial behavior, like timely payments, and awards loan credits to reduce the cost of credit during the loan lifecycle. LoanNow is a private company based in Orange County, California. Learn more at http://www.loannow.com or follow us @loannow.

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