Founded in 1999, CURE, Inc. provides lending institutions with loan growth opportunities and the customer/member benefit of credit enhancement for new and used vehicle loans. CURE partners with financial institutions, typically credit unions, to extend special finance vehicle loans to credit-impaired individuals. Credit unions fund the loans and CURE guarantees the loans. In this way, credit unions can increase their profits without increasing their risk exposure. CURE’s current loan portfolio participation totals over $38 million.
Recognizing the opportunity for highly profitable growth within the special finance market, CURE/Carfinders has recently made three key additions to its management team, Greg Jordan as CEO, Ed Wilkinson as CFO and COO, and Greg Gibson as President. The new management team is developing the company’s strategic plan and refining the organization. Jordan leads the sales thrust that will include not only credit union loan portfolio expansion but also the generation of new revenue enhancing services and relationships. Wilkinson heads up the identification, creation, and implementation of the structure and processes necessary to support CURE’s anticipated growth from both operational and financial perspectives. Gibson brings valuable vehicle industry knowledge, experience, and relationships to the team. |
