Press Release
December 22, 2008
WebEquity Solutions Moves Corporate HQ to Downtown Omaha, NE
WebEquity occupies the 10th Floor of the Omaha World Herald-Qwest Building on 13th and Douglas Streets
OMAHA, NE -- WebEquity Solutions® LLC (WebEquity), the proven leader of on-demand lending software, announced today their move to Omaha, NE from long-time headquarters in Glenwood, IA.
"Our new facility will better support our growth strategies and is located within walking distance to First National Technology Solutions (FNTS), the world-class datacenter which hosts our WebEquity on-demand software," said Doug McGregor, CEO of WebEquity Solutions.
Founded in 1985, the Company operated as ECI until it was acquired by the private equity firm Rational Equity, LLC in May 2008. Today the newly named WebEquity is sponsored by Funds with more than $1 billion of capital under management and is led by a highly experienced management team.
WebEquity is an on-demand, software as a service (SaaS) offering which significantly reduces the demand on a bank’s IT resources, and enables lenders to access their loan information from anywhere via a Web browser. Its flexible design also allows an institution to setup the software to support the bank’s specific policies and lending guidelines such as credit analysis, risk ratings and approval processes. WebEquity also provides the unique benefit of a single system that works for all loan types including commercial, agriculture, small business, commercial real estate, construction and consumer credits; helping an institution better manage consistent, uniform lending practices across the entire organization.
About WebEquity Solutions®
WebEquity® is the proven leader in on-demand lending software. More than 500 financial institutions and 10,000 lending professionals use WebEquity to automate and streamline their lending process and reduce operational costs, while making more uniform and profitable credit decisions. The company offers financial institutions a distinct advantage with a single solution that works for all loan types, an on-demand model that provides centralized, anywhere access, and the flexibility to configure the system so it fits their lending practices. WebEquity serves institutions in the U.S., Canada and Australia. For more information call 800-264-0787 or visit www.webequitysolutions.com.
