$IEGH News out!! IEG Holdings Corporation Announce
Post# of 44842
Posted On: 02/19/2016 10:05:41 AM
$IEGH News out!! IEG Holdings Corporation Announces Mr. Amazing Loans Record 2015 Full Year Revenue and Strong Loan Volume Growth
IEGH Full Year Revenue Increased 2,815% From 2013 to 2015 and Management Plans Further Aggressive State Expansion Over the Next 6 Months
http://finance.yahoo.com/news/ieg-holdings-co...34319.html
LAS VEGAS, NV--(Marketwired - February 19, 2016) - IEG Holdings Corporation (IEGH) announced today that its full year revenue increased 2,815% from $62,949 in 2013 to $1,835,165 in 2015 and 247% from $529,225 in 2014, driven by continued strong loan volume growth. Since January 2014, cumulative loan volume has increased by 1,825% from $587,000 to $11,304,023 as of January 31, 2016. Other highlights of 2015 were the full repayment of all debt and an increase in net assets to $7.65 million. Please visit http://ir.investmentevolution.com/financial-results for a copy of IEGH's full year report on Form 10-K, as filed with the Securities and Exchange Commission.
The rapid loan volume growth is being driven by the online lending website, www.mramazingloans.com, low acquisition cost lead sources and continued state license expansion. Management aims for IEGH to be in a position to offer loans in 25 US states during 2016, covering approximately 240 million people and representing 75% of the US population.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
Make sure you are first to receive timely information on IEG Holdings when it hits the newswire by signing up for IEG Holdings' email news alert system at http://www.investmentevolution.com/alerts.
IEGH Full Year Revenue Increased 2,815% From 2013 to 2015 and Management Plans Further Aggressive State Expansion Over the Next 6 Months
http://finance.yahoo.com/news/ieg-holdings-co...34319.html
LAS VEGAS, NV--(Marketwired - February 19, 2016) - IEG Holdings Corporation (IEGH) announced today that its full year revenue increased 2,815% from $62,949 in 2013 to $1,835,165 in 2015 and 247% from $529,225 in 2014, driven by continued strong loan volume growth. Since January 2014, cumulative loan volume has increased by 1,825% from $587,000 to $11,304,023 as of January 31, 2016. Other highlights of 2015 were the full repayment of all debt and an increase in net assets to $7.65 million. Please visit http://ir.investmentevolution.com/financial-results for a copy of IEGH's full year report on Form 10-K, as filed with the Securities and Exchange Commission.
The rapid loan volume growth is being driven by the online lending website, www.mramazingloans.com, low acquisition cost lead sources and continued state license expansion. Management aims for IEGH to be in a position to offer loans in 25 US states during 2016, covering approximately 240 million people and representing 75% of the US population.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
Make sure you are first to receive timely information on IEG Holdings when it hits the newswire by signing up for IEG Holdings' email news alert system at http://www.investmentevolution.com/alerts.
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