LenderClose Triples Office Space in Move to New Des Moines Location

This article was originally published on CUInsight.

After quickly outgrowing its 4,000 square-foot office space in West Des Moines, fintech startup LenderClose is expanding to a new 12,000 square-foot location at 3001 Westown Pkwy, Ste. 200., also in West Des Moines.

‍

The lendtech company expects to end the year with more than 200 credit union and community bank clients using its digital lending platform, designed to create a significantly faster and more efficient real estate loan process.

‍

LenderClose employees which now number 30 and are projected to double in the next 18 months we will have access to office amenities that include a gym and showers, break room, collaboration corners, and in keeping with LenderCloses startup roots, a ping pong table and kegerator.

‍

"We thought it would take us two-to-three years to fill our old space, but in just over a year, we were running out of room," said LenderClose Founder and CEO Omar Jordan. "We plan to maintain this momentum through 2020, and I'm confident we will because of the incredible effort by our team. This move is about creating an environment we all love to work and have fun in every day."

‍

Jordan said the positive client response to LenderCloses technology has been exciting, but not surprising, because of the platforms ease of use. "Our onboarding process takes less than 20 minutes, which is rare in todays high-tech environment where integration often bottlenecks speed-to-value," he said. LenderClose is an out-of-the-box, standalone solution that can complement any process or loan origination system.

‍

Although LenderClose has clients throughout the United States and Puerto Rico, Jordan feels Des Moines has been the ideal place to start and grow the company. "We have an incredible community of entrepreneurs, investors, mentors and even legislators rooting for our success. The resources for tech startups in Iowa are second to none."