Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and non-bank auto finance companies and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through third-party insurance providers. The company's LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.
Year | Receivables | Debt | Liabilities | Assets | Current Assets |
---|---|---|---|---|---|
2023 | 40.36 M | -92,079,000 | 168.46 M | 374.04 M | 289.88 M |
2022 | 69.86 M | -52,935,000 | 166.81 M | 379.63 M | 280.74 M |
2021 | 78.41 M | 34.45 M | 159.84 M | 318.83 M | 202.79 M |
2020 | 54.74 M | 61.74 M | 267.39 M | 294.01 M | 162.78 M |
2019 | 33.55 M | -4,363,000 | 313.97 M | 79.19 M | 45.21 M |