Summary

Spring EQ LLC

Founded in 2016

Description

Spring EQ is a fast, easy, and simple mortgage lender that provides access to cash and savings on home equity. They offer services such as home equity loans, Home Equity Line of Credit (HELOC), refinance, and cash out loans. Their platform simplifies a...

Strengths

  • Spring EQ LLC has a strong market share in their industry
  • Revenue growth is more steady than the industry average
  • Since Spring EQ LLC was founded, the company has grown faster than the industry average
  • Web traffic rankings are better than the industry average
  • Employees are staying with the company and less likely to churn compared to the rest of the industry

Weaknesses

  • Revenue generated per employee is less than the industry average
  • Revenue growth is less than the industry average
  • The number of employees is not growing as fast as the industry average

Annual Revenue

Spring EQ LLC's annual revenue

$24662000

Based on Kona Equity data

  • Revenue per employee

    $205517

  • Variance of revenue growth

    0.17

  • Annual revenue growth since founding

    $3082750

  • Revenue growth rate from first known quarter to current

    128.4%

Employee Count

120 employees

  • Employee growth rate from first known quarter to current

    137.0%

  • Current employees on Linkedin

    142

  • Churned employees

    91

  • Churn rate percentage

    64.08%

Executives

Tod Highfield

Senior Vice President - Wholesale

t**@springeq.com

Ezekiel Mills

Licensed Loan Officer

e**@springeq.com

Brandie Grigsby

Account Manager, Tpo

b**@springeq.com

Jessica Rosengrant

Application Analyst

j**@springeq.com

David Haggert

Chief Marketing Officer

d**@springeq.com

Claude Simmons

Account Manager, Wholesale

c**@springeq.com

Adam Warren

Vice President, Capital Markets

a**@springeq.com

Justin Ripley

Underwriter

j**@springeq.com

Samantha Hannon

Operations Fulfillment Analyst

s**@springeq.com

Bill Waugh

Vice President, Concerts Information Technology

b**@springeq.com

Danny Abney

Senior VP, Information Technology Services

d**@springeq.com

Christine Perry

Account Manager, Tpo

c**@springeq.com

Monica Allen

Application Analyst

m**@springeq.com

Carl Lutz

Vice President, Operational Services

c**@springeq.com

Saket Nigam

Senior VP, Capital Markets

s**@springeq.com

Travis Smith

Underwriter

t**@springeq.com

Patricia Peirce

Chief People Officer

p**@springeq.com

Gregory Gentek

Senior VP, Sales

g**@springeq.com

Aliyyah Carter

Account Manager

a**@springeq.com

Paul Saurbier

Vice President, Sales, Party Originations

p**@springeq.com

Marc Piacenza

Senior Loan Advisor

m**@springeq.com

Michael Remaker

Senior VP, Technology

m**@springeq.com

Jerry Schiano

CEO

j**@springeq.com

Michael Bisig

Analyst

m**@springeq.com

Daniel Zeswitz

Operations Fulfillment Analyst

d**@springeq.com

Nicole Gryszko

Controller

n**@springeq.com

Marie Gregoire

Processor

m**@springeq.com

Josh Selchert

Senior VP, Credit Risk& Operations

j**@springeq.com

Peter Schwartz

Senior VP, Corresponding Lending

p**@springeq.com

Wallace Pickard

Vice President, Operations Wholesale

w**@springeq.com

Sean Brien

Regional Sales Manager

s**@springeq.com

Phone Eq

Chief Executive Officer

p**@springeq.com

G Score - 5

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.

  • G1 Revenue is greater than the industry median.
  • G5 Variance of revenue growth is less than the industry average
  • G6 Annual revenue growth since founding is higher than the industry average.
  • G7 Website traffic rankings are better than the industry average
  • G8 LinkedIn Churn is lower than the industry average.

Web Analysis

  • Rank

    928 K

  • Page views per visitor

    2.0

  • Daily time

    2:03

  • Bounce Rate

    64.3 %

Location

2929 Arch St. 
Philadelphia, PA  19104

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Key Information

  • SIC: 61; 616
  • 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 Spring EQ LLC.

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Frequently Asked Questions

Where is Spring EQ LLC located?

Spring EQ LLC's headquarters are located at 2929 Arch St.  Philadelphia, PA  19104.


What is Spring EQ LLC's official website?

Spring EQ LLC's official website is springeq.com


What is Spring EQ LLC's revenue?

Spring EQ LLC's annual revenue is $24.7 M.


What is Spring EQ LLC's SIC code?

Spring EQ LLC's SIC: 61; 616


What is Spring EQ LLC's NAICS code?

Spring EQ LLC's NAICS: 5222; 522.


How many employees does Spring EQ LLC's have?

Spring EQ LLC has 120 employees


What industry does Spring EQ LLC belong to?

Spring EQ LLC is in the industry of Financial services.

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