Lending Tree, founded in 1996, is an online broker for a wide variety of loans where banks, credit partners, and multiple lenders compete for business.
The company was founded by Doug Lebda while working for Price Waterhouse. When attempting to obtain his first mortgage, he found the process incredibly difficult and time consuming. Originally calling his company CreditSource, USA, the name was changed to Lending Tree in 1998.
The company went public on the NASDAQ in 2000 under the ticker symbol: TREE. Loans are available for almost every need, including mortgage, car loans, business loans, credit cards, and student loans.
Lending Tree is listed as #2 on the 2017 Forbes list of Fastest Growing Companies in America. In 2016, the company had annual revenue of $1.5 billion and a three year growth rate of 177 percent. In November 2016, LendingTree announced plans to invest $47 million and double the employee base of its Charlotte headquarters over the following five years, creating at least 314 jobs over that time span.
Lending Tree maintains a corporate office in Charlotte, North Carolina.
Lending Tree, founded in 1996, is an online broker for a wide variety of loans where banks, credit partners, and multiple lenders compete for business.
The company was founded by Doug Lebda while working for Price Waterhouse. When attempting to obtain his first mortgage, he found the process incredibly difficult and time consuming. Originally calling his company CreditSource, USA, the name was changed to Lending Tree in 1998.
History
The company went public on the NASDAQ in 2000 under the ticker symbol: TREE. Loans are available for almost every need, including mortgage, car loans, business loans, credit cards, and student loans.
Lending Tree is listed as #2 on the 2017 Forbes list of Fastest Growing Companies in America. In 2016, the company had annual revenue of $1.5 billion and a three year growth rate of 177 percent. In November 2016, LendingTree announced plans to invest $47 million and double the employee base of its Charlotte headquarters over the following five years, creating at least 314 jobs over that time span.
Lending Tree maintains a corporate office in Charlotte, North Carolina.
