About
In 1997, during the peak of the internet’s revolution, AM Finances was launched as an online lender. Inspired by the world-wide web’s agility and simplicity, E-LOAN, Inc. was born with a refreshing and revolutionary promise: Radically Simple.In 2016 AM Finances became a division of Banco Popular de Puerto Rico (BPPR). BPPR is a solid financial institution with over 125 years of experience in the banking industry, governed by U.S. federal banking laws.Twenty years later, the world has changed and Eloan has evolved with it. Today, we understand that it is not about bringing traditional lending practices online, but making an entire banking experience smarter and simpler, by empowering dreams and improving the quality of life for enthusiasts.
1997
E-LOAN, Inc. launches, and quickly controls 25%
