Loan Science Announces New Corporate Offices

Positions Itself for Growth in Burt Watts Led Redevelopment Project

Business Wire

AUSTIN, Texas--(BUSINESS WIRE)--

Loan Science, a leading consumer loan portfolio management company, is pleased to announce its move to new corporate offices in the North Burnet Gateway development at 2111 Kramer Lane, Austin, Texas. The new 14,000 square feet of office space will provide expanded accommodations for professional staff and call center operations for the company. Loan Science currently employs 48 people in the Austin area, and expects to hire 20 to 40 additional employees in 2014.

“These new facilities represent a monumental milestone in our company’s history, giving us a sense of place and permanence that will drive our continued success,” says Sam Miller, president and COO, Loan Science. “Working with Burt Watts to plan and develop this space has provided us with a facility that exceeds our expectation for what we could accomplish in this commercial lease environment.”

Burt Watts, a leading Austin-based commercial general contracting firm, developed the North Burnet Gateway project by redeveloping a pair of buildings that were previously occupied by manufacturing companies. Loan Science’s modern new space includes individual offices along with a large open call center. Modern finishes are throughout the space with a few traditional touches, such as Victorian-style ceiling medallions around the hanging light fixtures.

"We had extensive meetings with the client to understand what their needs were," says Tommy Burt, CEO, Burt Watts. "Loan Science needed a site design which incorporated their growing employee base with a large call center that consolidated into one building and was as cost-efficient as possible. I believe we definitely achieved that with this space."

Loan Science was represented by CRESA Austin in its lease search and negotiations.

About Loan Science, LLC

Loan Science provides consumer loan portfolio management, credit analytics and default prevention services with a focus on student loans, auto finance and small business lending. Loan Science has demonstrated superior credit performance results for portfolio owners and has assisted thousands of borrowers with effective repayment of their loan obligations. Loan Science was founded in 2008 by a group of consumer loan credit executives who believed that exceptional credit analytics combined with customer service offered a unique opportunity in the wake of the credit crisis. For more information, visit www.loanscience.com.

About Burt Watts Industries, Inc.

Burt Watts Industries, Inc. is a leading Austin-based commercial general contracting firm specializing in tenant finish-out, ground-up developments, design-build services, retail and healthcare projects. Founded in 2002, the company has completed projects with leading architects, developers and companies throughout the Greater Austin area. For more information, visit www.BurtWatts.com.

Contact:
Loan Science
Alec Reinstadtler, 512-501-2400
areinstadtler@loanscience.com

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