Correction of prior press release 4/5/16 – In the Press – MarketWired – DRB Lending Completes Lease for New Manhattan Office

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DRB Lending (DRBL), an affiliate of Darien Rowayton Bank, a leading bank and the fastest marketplace lender to reach $1 billion in student loan refinancing originations, today announced their office expansion in Manhattan for an additional 20 employees.

As DRBL continues to grow, the company has signed a lease to move into 4,550 square feet of new office space at 1995 Broadway in Manhattan. Over the next year, DRBL will continue to expand its New York presence and has plans to hire and fill the new space. This strategic business unit located in Manhattan is focused on expanding DRBL’s technology and marketing capabilities. In addition to the Manhattan expansion, the new lease in Bridgeport, CT includes 11,900 square feet, room for 120 employees, and will house the core units of operations, underwriting, and customer support.

“To date, Darien Rowayton Bank has seen an overwhelmingly positive response from the borrower community as we solve a very real challenge for them in managing their student loans,” said Aryea Aranoff, Chief Strategy Officer of DRBL. “DRBL’s build out in both New York and Connecticut is a testament to the rapid growth that the bank has experienced, and the growth we expect to continue to experience as DRB Lending continues to innovate and seek out new ways to serve clients.”

 

Read on MarketWired.

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