BOSTON--(BUSINESS WIRE)--Gradifi, a leading provider of student loan and college savings benefits, today said it is now offering access to LendKey’s nationwide network of lenders through Gradifi Refi, a student refinance program for employers seeking to help their employees save money or reduce the monthly payment on their student loans.
LendKey is the recognized leader in digital lending solutions, providing a user-friendly, quick and transparent marketplace for refinancing student loans. LendKey partners with nearly 300 credit union and bank lenders that provide student loan refinancing options to members of the Gradifi Refi program.
“By teaming up with LendKey, Gradifi can now offer many more student loan refinance options and allow employers to address the No. 1 concern of many employees – the high cost of repaying student loans,” said Meera Oliva, Chief Marketing Officer of Gradifi. “LendKey offers a seamless experience with terrific educational tools to help employees make smart financial decisions.”
Gradifi Refi is one of three employee benefit solutions from Gradifi that enable employers to positively impact their employees’ financial well-being. Gradifi’s SLP Plan® (Student Loan PayDown) benefit helps employees pay off their student loans faster through employer-sponsored contributions to their student loan provider. The College SaveUp benefit helps employees save for their children’s education and avoid further student debt through employer contributions to an employee’s 529 college savings plan account.
“LendKey and Gradifi share a common mission: to enable dreams for borrowers burdened by student loan debt,” said Lewis Goldman, Chief Marketing Officer of LendKey. “We’re proud to partner with companies like Gradifi to extend the benefits of student loan refinancing to Gradifi members who are looking for a break from high-interest student loans to lower their monthly payments.”
LendKey pioneered the lending-as-a-service model enabling white-labeled, digital lending solutions that transform financial institutions who prioritize people over profits. LendKey's customized solutions help financial institutions enable dreams for their borrowers while managing liquidity, reducing costs, and mitigating risk. The company has revolutionized the entire lending process for these institutions including demand generation, online decisioning, loan origination, customer service, compliance, and balance sheet management. Founded in 2009 and based in New York and Cincinnati, LendKey works with hundreds of credit unions and banks deploying more than $2 billion in capital to date. LendKey was recently named one of Fortune’s Great Places to Work®. For more information, please visit business.lendkey.com or email firstname.lastname@example.org.
Gradifi is an innovator in educational employee benefits for U.S. employers. Gradifi’s mission is to help employers build loyalty with their workforce by providing employee benefits that positively impact their employees’ financial well-being. Gradifi offers a single-platform solution to allow employers to offer employees student loan refinancing opportunities, and employer-sponsored contributions to student loans and 529 college savings plan accounts. A unit of First Republic (NYSE:FRC), Gradifi works with employers of all sizes across the U.S. www.gradifi.com.