Mr. Rodriguez’s tenure to date has seen a meteoric rise in the company and he has been instrumental for much of this growth. 1-800LoanMart grew from just 5 employees a few years ago to over 200 employees today, housed in 2 facilities with over 40,000 square feet of office space. Because of his expertise, 1-800LoanMart has expanded from one state to 6 states and has received national recognition with such notoriety on TV, radio and the Internet. 1-800LoanMart stood forefront in the industry when it chose Hulk Hogan as a commercial spokesman, and well as becoming an official sponsor of NBA’s Los Angeles Clippers.
Rodriguez succeeds Ron Gonen, who steps into the role of Chairman of the Board. Under Mr. Gonen the company grew into a mega lender by building a team of executives envied by most lending institutions. He will transition into his new position on May 2, 2012, but will remain in an advisory role in order to ensure business continuity and a smooth transition. Mr. Gonen commented that "It has been my privilege to be part of the creation of 1-800LoanMart from the ground up into one the largest, privately owned direct lenders in the United States. My thanks go to the management team, all employees, customers, and partners for their support."
Said Gonen, “Mr. Rodriguez’s leadership combined with his broad experience, strategic and operational capabilities as well as an extensive knowledge of finance and operations will help propel 1-800LoanMart to a new growth phase and take advantage of a growing industry.”
Mr. Rodriguez said, "Under Mr. Gonen’s leadership, the company went through significant growth and his disciplined approach took the company to new heights and has established 1-800LoanMart as a financially sound company with an increasingly diversified customer base that is ready to embark on a new phase of growth and success."
1-800LoanMart http://www.800loanmart.com is a direct lender specializing in non-traditional loans for customers who may otherwise be unable to borrow money from traditional sources such as banks. Their lending products include auto equity loans and signature loans. Based in Encino, Calif., 1-800LoanMart has over 200 employees, and currently does business in California, Arizona, New Mexico, Utah, Illinois, and Missouri.