Summary

Essential Lending

Founded in 2015

Description

Most people believe that short-term loans cant lead to long-term solutions. Essential Lending is banking on the idea that they can!WHAT WE DOIn the new economy, the life of the average consumer is marked by a series of financial hurdles that require immediate solutions. The great stress for most consumers is the tremendous insecurity of operating without any kind of safety net. Essential Lending exists to eliminate that stress for our customers. With our loans, we aim to carve out a brand new territory in the short-term lending space where the products we offer actually help establish a launch pad from which our clients can grow and build a new financial life built on security and stability.HOW WE DO ITThe products we offer to our customers are designed with the goal of enhancing the customers financial life and helping them build a brighter future.5 guiding principles direct Essential Lending in all our decisions:Keep It SimpleBe FlexibleAccentuate the PositiveBuild A Nest EggHave Realistic GoalsThe products we offer to our customers are designed with the goal ofenhancing the customers financial life and helping them build abrighter future.

Strengths

  • Revenue generated per employee is greater than industry average
  • Revenue growth is more steady than the industry average
  • Since Essential Lending was founded, the company has grown faster than the industry average

Weaknesses

  • Essential Lending has a very small market share in their industry
  • Revenue growth is less than the industry average
  • The number of employees is not growing as fast as the industry average

Annual Revenue

Essential Lending's annual revenue

$3168000

Based on Kona Equity data

  • Revenue per employee

    $264000

  • Variance of revenue growth

    0.12

  • Annual revenue growth since founding

    $352000

  • Revenue growth rate from first known quarter to current

    -50.8%

Employee Count

12 employees

  • Employee growth rate from first known quarter to current

    -55.6%

Executives

Tommy Glenn

Founder & Chief Executive Officer

t**@essentialending.com

Shane Needham

Revenue Chief & Analytics Officer

s**@essentialending.com

Jackie Crosby

Center Coordinator

j**@essentialending.com

Lorien Smith

Chief Financial Officer

l**@essentialending.com

Anthony Botte

Director, Due Diligence

a**@essentialending.com

Daniel Brandon

Chief Information Officer

d**@essentialending.com

Patricia Tamez

Loan

p**@essentialending.com

Anelle Valdes

Director, Digital Marketing

a**@essentialending.com

Melissa Brown

Executive Assistant

m**@essentialending.com

Jude Chevere

Office Hours Tues-Fri 7

j**@essentialending.com

Brittany Buckley

Manager, Digital Marketing

b**@essentialending.com

Fern Igloria

Executive Assistant

f**@essentialending.com

G Score - 3

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G2 Income per employee more than industry average.
  • G5 Variance of revenue growth is less than the industry average
  • G6 Annual revenue growth since founding is higher than the industry average.

Location

3113 S University Dr, Ste 308 
Fort Worth, TX  76109

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Key Information

  • NAICS: 5222; 522
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Essential Lending.

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Frequently Asked Questions

Where is Essential Lending located?

Essential Lending's headquarters are located at 3113 S University Dr, Ste 308  Fort Worth, TX  76109.


What is Essential Lending's official website?

Essential Lending's official website is essentialending.com


What is Essential Lending's revenue?

Essential Lending's annual revenue is $3.2 M.


What is Essential Lending's NAICS code?

Essential Lending's NAICS: 5222; 522.


How many employees does Essential Lending's have?

Essential Lending has 12 employees


What industry does Essential Lending belong to?

Essential Lending is in the industry of Financial services.

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