BorrowersFirst names first CEO

Feb 5, 2015
Austin Business Journal

BorrowersFirst Inc., a lending platform operator, has appointed Dave Tomlinson as president and CEO


The Austin-based company disclosed Tuesday that Tomlinson was also been named to the company's board of directors. He was previously president and chief operating officer of Progress Financial Co., a California-based consumer lender focused on the Hispanic market


Before that, Tomlinson held several executive positions at companies that included New York-based American Express Co. (NYSE: AXP), Pittsburg-based PNC Financial Services Group Inc. and JP Morgan Chase & Co., according to a company announcement


BorrowersFirst, which launched in mid-2013, operates a website offering personal, fixed-rate loans from $2,500 to $35,000 for debt consolidation or to fund an important purchase. The company employs 14 workers and is backed by a lone angel investor, Tomlinson said



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