IOU Financial

Kennesaw, United States

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Description

Specialties

IOU Financial specializes in fueling the growth of small business through small business loans. With an easy instant decision application process, IOU Financial provides small businesses the funds they need in order to expand. Simple interest loans are offered from $ 5,000 to $ 150,000 ranging from 6, 9, or 12 month terms to established businesses with a healthy cash flow. Never run into unexpected fees with our simple, fixed interest loans.

History

Established in 2008.

IOU Financial, operates in metro Atlanta, is a progressive online lender that provides up to $ 150,000 in working capital to small businesses. IOU Financial became operational in 2010 when it established its Operations HQ in Kennesaw, GA. IOU Financial is a publicly traded company on the TSX Venture Exchange («TSX-​V») listed issuer. IOU Financial was first started in 2006 by Phil Marleau in Montréal, Canada, and upon meeting Robert Gloer in 2008, the company was brought to the Atlanta area.

Meet the Business Owner

Robert G.

Business Owner

Robert Gloer joined IOU Financial in December 2008, where he serves as President and Chief Operations Officer. Prior to IOU Financial, Mr. Gloer worked at First Franklin Financial Corporation, a subsidiary of Merrill Lynch, serving as Underwriting Manager, Operations Manager, VP Branch Manager, SVP East Region, and Director of East Coast, respectfully. Leading over 450 employees to the top of six regions, Mr. Gloer was responsible for the oversight of all sales and operations, as well as a $ 500m annual P&L. Prior to First Franklin, Mr. Gloer was SVP of Loan Administration for Credit Depot, where he was responsible for Investor Relations, Secondary Marketing, and Underwriting. Prior to this, Mr. Gloer worked for Equicredit Corp, a Nations Bank Company.