$IEGH +2815% rev increase full year! Strong Loan V
Post# of 102755
Posted On: 03/02/2016 9:47:13 AM
$IEGH +2815% rev increase full year! Strong Loan Volume Growth for the company - (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, http://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.
http://finance.yahoo.com/news/ieg-holdings-co...34319.html
The rapid loan volume growth is being driven by the online lending website, http://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.
http://finance.yahoo.com/news/ieg-holdings-co...34319.html
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