SHERMAN OAKS, Calif.--(BUSINESS WIRE)--LendingUSA has announced today that Ron Oertell, former CFO of Lakeview Holdings, has joined the company as its new Chief Financial Officer. The appointment, effective immediately, brings an experienced finance executive to the company, which has dedicated itself to providing smart lending solutions for consumers directly at the point of need.
“We’re thrilled Ron has joined the team. As LendingUSA continues its rapid growth, it’s important to have someone with the knowledge and vision to effectively help us manage and guide that expansion in the most efficient, strategic way possible,” says Mike Testa, President. “Ron’s strategic and operational insights will be valuable assets for our company, and help us better serve our network of borrowers and merchants.”
Mr. Oertell, a graduate of George Washington University and the Emory University School of Law, has also served as Chief Financial Officer for Airo Wireless, the leading manufacturer of intrinsically-safe industrial smartphones. Mr. Oertell was also a Managing Director for Park Street Management, a specialty corporate finance group, where Mr. Oertell was CFO from the initial venture capital round up through the sale of the company.
“It’s exciting to be joining a company with such a fresh approach to financing,” says Mr. Oertell of his appointment. “I look forward to being part of LendingUSA’s fantastic executive team and helping them innovate the point of need financing market.”
In addition to Mr. Oertell, LendingUSA has also recently appointed Manoj Mathew, Chief Technology Officer, and Boris Belyi, Vice President of Analytics, to its executive leadership team.
LendingUSA’s mission is to create lasting business partnerships by providing innovative point of need financing solutions at the important moments in life. It offers financing for consumers in specialty markets including the elective medical industry, dental care, pets, pet care, and more. They are committed to creating the best point of need consumer financing experience available, using a proprietary lending solution that uses both traditional and next-generation underwriting and fraud detection techniques to approve loans as quickly as a few seconds. LendingUSA works closely with its merchant partners, providing the tools and training they need to easily and efficiently maximize customer financing approvals and grow their business.