BNET Industries
Last Fiscal Year Sales:$135.0M
- Private
- US
Dow Jones Description
E-Loan is Popular within the lending industry. Founded in 1997 and headquartered in Pleasanton, CA, E-LOAN, Inc. is an online portal that allows consumers to browse and apply for loans. The company has originated and sold over $27 billion in consumer loans since its founding. It originates and brokers mortgages and auto, commercial, debt consolidation, student, and personal loans, and then sells them on the secondary market. The company's last reported revenue in 2004 was $135.1 million. It employs about 930 people. In November 2005, it was acquired as a wholly-owned subsidiary of Popular, Inc. for about $300 million.
Number of Employees 930
Contact Information
6230 Stoneridge Mall Rd
Pleasanton, California 94588
1 925 847 6200
Peer Companies
NAICS Code Mortgage and Nonmortgage Loan Brokers: 522310
News & Analysis
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e-loan and popular inc. - All News and Analysis
E-Loan exiting out of loan business
Pleasanton-based E-Loan, a pioneer in the world of online lending, will stop issuing new loans sometime in the next few weeks. The news was announced when the online lending firm's Puerto Rico- based parent company, Popular Inc., released disappointing third- quarter earnings Wednesday. Popular reported a $668.5 million...
E-Loan announces layoffs
The mortgage morass has engulfed E-Loan, an online loan firm that said Monday it intends to chop more than 400 jobs from its Pleasanton headquarters as part of a wrenching and broad restructuring. Employees were notified at the end of last week they would be dismissed. E-Loan,...
Popular, E-LOAN merger.(PUERTO RICO)
Popular, Inc. and E-LOAN, Inc., an online consumer direct lender, completed a merger transaction that was initially announced in August, reports Caribbean Business (Nov. 3, 2005). Under the terms of the merger, Popular, Inc. acquired 100% of the issued and outstanding shares of common stock and...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Darren Nelson | CFO |
| Scott McKinlay | E-Loan's Vice President and Chief Legal Officer |
| Eduardo Pretell | Vice President, Marketing |
| Geoffrey Halverson | Vice President, Auto Operations |
| Harold Bonnikson | Vice President of Mortgage Operations |
| Phyllis Erickson | Vice President, Production |
| Sedrick Tydus | Vice President |
| Sharon Ruwart | Vice President, Marketing |
| Steven Majerus | Vice President, Capital Markets |
| David Drow | Director, Field Production |
| Michael Cortellessa | Production Manager |
| Tiffany Kelley Fox | Manager, Public Relations |
| David Bruggeman | |
| Jennifer Heil |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Claus H. Lund | Board of Directors |
| Dan Springer | Board of Directors |
| Matthew Roberts | Board of Directors |
| Wade Randlett | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| E-LOAN, Inc. | CFO | Current |
| Equity-Home .Net | Current | |
| Coopers & Lybrand, L.L.P. | Former | |
| E-LOAN, Inc. | Secretary | Former |
| University of California, Santa Barbara | Bachelor of Science degree in Economics with an emphasis in Accounting | Former |
Scott McKinlay has served as E-LOAN's Vice President and Chief Legal Officer since March 2004. Prior to joining E-LOAN, Mr. McKinlay served as President and Chief Operating Officer of InPro Biotechnology from April 2002 to February 2004. From June 2000 to March 2002, Mr. McKinlay served as Senior Vice President, General Counsel and Secretary of Command Audio Corporation. From July 1993 to September 2000, Mr. McKinlay served as Director, Senior Vice President and General Counsel of First Nationwide Financial Corporation. From April 1991 to July 1993, Mr. McKinlay served as Associate General Counsel of First Nationwide Financial Corporation. From August 1989 to April 1991 and from October 1985 to January 1988, Mr. McKinlay served as an Associate at Mayer, Brown & Platt. From January 1988 to August 1989, Mr. McKinlay served as an Associate at Folger & Levin. Mr. McKinlay holds a J.D. from the University of San Francisco and a B.A. in English Literature from the University of California at Berkeley.
| Organization | Position | Status |
|---|---|---|
| E-LOAN, Inc. | E-Loan's Vice President and Chief Legal Officer | Current |
| Equity-Home .Net | Current | |
| Inpro Biotechnology, Inc | President and Chief Operating Officer | Former |
| Command Audio Corp | Senior Vice President, General Counsel | Former |
| University of San Francisco | J.D. | Former |
| University of California, Berkeley | B.A. In English Literature | Former |
| Organization | Position | Status |
|---|---|---|
| E-LOAN, Inc. | Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| E-LOAN, Inc. | Vice President, Auto Operations | Current |
Harold "Pete" Bonnikson has served as Vice President of Mortgage Operations of E-LOAN since January 1999. Prior to E-LOAN, Mr. Bonnikson was with North American Mortgage and its predecessor companies since 1981. Mr. Bonnikson was the Executive Vice President of North American Mortgage from 1993 to 1999. Mr. Bonnikson holds a B.S. degree from California State University at Sacramento.
| Organization | Position | Status |
|---|---|---|
| E-LOAN, Inc. | Vice President of Mortgage Operations | Current |
| North American Mortgage | Executive Vice President | Former |
| California State University Sacramento | B.S. Degree | Former |
| Organization | Position | Status |
|---|---|---|
| E-LOAN, Inc. | Vice President, Production | Current |
| Organization | Position | Status |
|---|---|---|
| Alta Alliance Bank | Chief Operating Officer | Current |
| E-LOAN, Inc. | Vice President | Current |
| Equity-Home .Net | Current | |
| Oakland Parks and Recreation | Board of Directors | Current |
| Wells Fargo & Company | Executive Vice President of Northern California Retail Bank | Former |
| Stanford University | MBA | Former |
| Dartmouth College | B.A. Degree | Former |
| Organization | Position | Status |
|---|---|---|
| E-LOAN, Inc. | Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| E-LOAN, Inc. | Vice President, Capital Markets | Current |
| Organization | Position | Status |
|---|---|---|
| E-LOAN, Inc. | Director, Field Production | Current |
| Organization | Position | Status |
|---|---|---|
| E-LOAN, Inc. | Production Manager | Current |
| Organization | Position | Status |
|---|---|---|
| E-LOAN, Inc. | Manager, Public Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Cyberdefender Corporation | Vice President of Marketing | Current |
| Investor Room | Vice President of Marketing | Current |
| E-LOAN, Inc. | Current | |
| University of California, Davis | Masters of Business Administration | Former |
Jennifer leads the partner management and product development groups for Fourth Fleet Financial. She has previously held management roles at WFS Financial, E-Loan, and HSBC where she worked in both the Indirect Dealer and Online Consumer channels. She has dedicated her 20 year career to the field of business management and has gained her experience in senior automotive financing roles with other Fortune 100 companies and start-ups. She has broad experience in influencing automotive operations, business development and communications agendas on a national basis. She has played an active role in companies dealing with explosive entrepreneurial growth, significant turn-around environments, rapid national expansion, acquisitions and divestitures in extremely competitive environments. Jennifer received her Bachelors in Business Administration from the University of Phoenix and is an MBA candidate for June 2007.
| Organization | Position | Status |
|---|---|---|
| Fourth Fleet Financial, Inc | Vice President of Partner Management and Product Development | Current |
| HSBC Auto Finance | Current | |
| E-LOAN, Inc. | Current | |
| Wfs Financial, Inc. | Current | |
| University of Phoenix | Bachelors In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| E-LOAN, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| E-LOAN, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| OpenTable, Inc. | CFO | Current |
| E-LOAN, Inc. | Board of Directors | Current |
| E-LOAN, Inc. | Executive, Finance | Former |
| Organization | Position | Status |
|---|---|---|
| E-LOAN, Inc. | Board of Directors | Current |
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