Heads up Bentonville: The California-based financial tech company, Loanpal, has signed a multi-year lease in Bentonville and will open a new operating center in the space formerly occupied by The Holler in the 8th Street Market.
Loanpal is a renewable energy and home improvement lender with a mission to connect the world’s growing sustainability marketplaces. The company plans to hire for nearly 100 positions in customer operations, partner management, software engineering and data science.
Founded in 2003, Loanpal has loaned over $28 billion to customers and is the No. 1 solar lender in the US. Since 2018, loans generated by Loanpal’s have allowed more than 175,000 families to access sustainability products for their home through a 'buy-now pay-later' process.
"The positioning of this new location in the heart of Bentonville strengthens our economy by attracting tech talent, and it also increases opportunity for local small businesses,” said Graham Cobb, President and CEO of the Greater Bentonville Area Chamber of Commerce. -Talk Business & Politics