robert gilfillan
glen mills, PA (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
harris financial
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Startup
Location:
glen mills
Industry:
Finance
Year Founded:
2004
Number Employees:
10-50 people
Description:
Harris finance is a lender of small loans, 100-1300, and terms of 4 -12 (URL removed) consumers who typically have no bank account but have a job and can prove they can pay back the loan
The company's profits are doubling every year 2007 was $1,000,000 and first 6 mos of 2008 was $1,000,000
Company has offices in Tenn, Ill, and Missouri and is looking for upwards of $5,000,000 to expand.
Company has a portfolio of loans in excess of $6,000,000 and debt of around $1,300,000 not including investment notes of $2,000,000.
The company is looking to increase the number of offices in these states as well as to have additional funds for loans.
The company is in compliance with all state and federal laws governing the small consumer finance business.