Opportunity Loans Welcomes Jared Kaplan as President & CEO

CHICAGO, Nov. 3, 2015 /PRNewswire/ -- Opportunity Loans, the nation's premier online lender of personal installment loans to non-prime customers, today welcomes Jared Kaplan as President & CEO. Kaplan was previously Executive Vice President of Insureon, the leading online agency for small business insurance.

Kaplan brings a proven track record of successful marketing and operations in online platforms to Opportunity Loans' fast-growing business. At Insureon, Kaplan's leadership helped the company achieve over 1,700% revenue growth while building its customer base to more than 175,000 small businesses. "The online lending industry is an exciting new growth area and Opportunity Loans has built an incredible platform and reputation. I am eager to work with this growing organization," said Kaplan.

Prior to Insureon, Kaplan led financial services investing for Accretive LLC, a unique early-stage private equity firm that designs, funds and builds new businesses. Kaplan's eight-year run at Accretive culminated in the firm's investment in Insureon. He joined Insureon in 2012.

"We are delighted to have Jared join our team. He has proven himself to be an innovator and leader, particularly in the area of online growth," said Todd Schwartz, Founder & Chairman of Opportunity Loans. "Scaling our business with transparency, while continuing to provide industry-leading customer experience, is our goal. We have no doubt that Jared will be instrumental in achieving this." Formerly President & CEO, Todd will continue in the role of Executive Chairman of Opportunity Loans.

About Opportunity Loans

Opportunity Financial, doing business as Opportunity Loans, is one of the highest rated online lenders in the industry; providing personal loans with flexible payment options at lower than customary interest rates in the non-prime segment. Opportunity Loans is licensed and able to lend or arrange loans in the following states: Alabama, California, Delaware, Idaho, Illinois, Kansas, Maryland, Missouri, New Mexico, Ohio, South Carolina, Tennessee, Texas, Utah, Virginia and Wisconsin.

For more information on online personal lending options, please visit the Opportunity Loans website at https://www.opploans.com/ or call (855) 408-5000.

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SOURCE Opportunity Loans