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Innovation & Job News

Debt Buyer Expands, Plans To Create 100+ Jobs In Sarasota

Oliphant Financial LLC, a debt buyer and software provider to the debt sales industry, received incentive grants from Manatee County and will add up to 100-150 jobs in 2010.

Oliphant's grant is for $133,000 that will be paid out over five years, and the grant agreement specifies that the company will add 133 new employees during that time for a total of 160 employees.

The company has seen positive growth over the years, and in December 2009, Oliphant moved its 30 employees from their downtown Sarasota location to a 20,000-square-feet building in Lakewood Ranch.

"Our new location will allow us to accommodate our growth plans," say Tom Noble, chief operating officer of Oliphant Financial. "We expect to add 100 to 150 employees in the next year as we bring more of the previously out-sourced debt-collection functions in house."

The current economic climate has helped Oliphant's business as they buy debt from various lenders and then handle the collection from borrowers. In addition, they have developed a debt buying and software application that they sell to other firms.

To learn more about employment opportunities at Oliphant Financial, LLC, click here.

Writer: Nancy Vaughn
Source: Tom Noble, Oliphant Financial
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