Daily News: September 22, 2014

Dealstruck Appoints Former Accion CCO

Online crowdlending provider Dealstruck appointed Robert Lopez as director of servicing. The position was created as a result of Dealstruck’s rapid growth, and will serve an important role in the alternative lender’s future growth as the company continues to expand its suite of loan products and services.

Prior to Dealstruck, Lopez was chief credit officer at Accion, a worldwide microlender formed in 1961 to create economic opportunity for primarily low-to-moderate income business owners who lacked traditional sources of credit. Under Lopez’s leadership, Accion doubled its portfolio and dramatically decreased its delinquency rate. With more than 15 years in small business and consumer banking and lending, his role at Dealstruck will include overseeing client services and portfolio risk management.

“Robert’s experience and passion in fighting for the underdog &mdash emerging and often minority entrepreneurs who just need a chance to thrive in their communities &mdash makes him the perfect addition to the Dealstruck family,” said Ethan Senturia, Dealstruck co-founder and CEO. “We have experienced record growth and servicing is paramount to the way we do business. Robert’s proficiency in underwriting and servicing will ensure we’re providing the best possible experience to our borrowers while also providing them with what they need to succeed.”

“I was attracted to Dealstruck’s infrastructure, which targets entrepreneurs who don’t have the same opportunities to get financing through traditional lenders as more established businesses do,” said Lopez. “Dealstruck does this with its creative loan products and efficient funding. No other loan provider offers turnaround as fast as Dealstruck, with competitive pricing. There are countless entrepreneurs who can’t access traditional forms of financing but who are viable and growing. I’m happy to join Dealstruck, which meets that demand fairly. That’s really exciting for me.”