Company Stats:

• Founded: 2017
• Annual Revenue: $50 million+
• Employees: 218

Episode Highlights:

• ✅ Rhett Roberts scaled LoanPro to a $50 million enterprise by focusing on technological solutions for loan servicing.
• ✅ Transitioned from auto lending to creating powerful software that supports diverse loan management needs.
• ✅ Emphasizes the importance of innovation and iteration in evolving business models and technologies.

Episode Summary:

In this episode, Rhett Roberts, CEO of LoanPro, shares the evolutionary journey of his company, which now garners over $50 million in revenue and employs 218 people. Founded in 2017, LoanPro emerged from the practical needs of auto lending to become a leader in loan servicing software, providing tools for various types of loans and compliance needs. Rhett discusses the origins of the company, the challenges of managing a vast array of loans, and the strategic pivot from internal tools to a comprehensive tech platform for lenders. The narrative underscores the importance of adaptability, technological innovation, and customer-focused solutions in the financial services industry.

Chapters:

00:00 Intro

00:07 Company Stats

00:42 Business Adaptation

01:42 The Birth of LoanPro

06:47 The Family Business

09:20 Sustainable Culture

10:42 How to Connect with LoanPro