iLending
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iLending - overview
Established
2006
Location
Englewood, CO, US
Primary Industry
Financial Services
About
Fleet Financial, Inc. doing business as iLending is a U. S. -based financial services company specializing in auto loan refinancing, offering a platform that helps consumers lower their monthly car payments through a network of lenders.
Fleet Financial, Inc. doing business as iLending, founded in 2006 and headquartered in Englewood, US, focuses on providing auto loan refinancing solutions. The company has executed two notable deals, with the most recent occurring on August 13, 2021. The company specializes in auto loan refinancing through a streamlined platform that connects consumers with a diverse range of lenders.
By providing competitive loan terms typically not available to the general public, iLending enables clients to save an average of USD 145 per month on their car payments. The service targets individuals with existing auto loans who wish to reduce their interest rates, operating nationally across the U. S. to offer tailored consultations and user-friendly tools like a car loan savings calculator.
iLending generates revenue by facilitating connections between clients seeking refinancing and various lending institutions. The process involves clients applying online, after which iLending matches them with lenders based on their credit profiles. For each successful refinancing transaction through its partnered lenders, iLending earns a fee. This model underscores a direct-to-consumer strategy that simplifies the refinancing experience for clients.
Current Investors
JC Flowers
Primary Industry
Financial Services
Sub Industries
Consumer Finance, e-Financial
Website
www.ilendingdirect.com
Verticals
FinTech
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
iLending - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | iLending | - | ||||||||
| Buyout | Completed | iLending | - |
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