Paramount Capital Group LLC began operations in 1997 providing capital to the private student loan market via loans through trade schools and servicing the portfolio. As the company grew, founder, Ryan Paul, quickly realized that technology would allow his company to service these loans with speed, increased compliance, and reduce delinquencies to below market rates. In 2014, the company started to contract with lenders and originators to service their portfolio on the enhanced Paramount Advantage servicing platform and today has been recognized as a top consumer loan servicer. On August 1, 2024, ECN Capital Corp. (TX:ECN) acquired the majority of the stock in Paramount as the company is ready for continued growth. ECN owns and operates various consumer lending companies and Paramount will also serve as the “captive” servicer for Source One Financial Services, a leader in RV and Marine loans.
| Website | https://paramountservicing.com/ |
| Revenue | $1 million |
| Employees | 62 (23 on RocketReach) |
| Founded | 1997 |
| Address | 1150 First Ave Suite 1001, King of Prussia, Pennsylvania 19406, US |
| Phone | (724) 385-0862 |
| Fax | (724) 385-0873 |
| Technologies |
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| Industry | Financial Services, Real Estate |
| Web Rank | 4 Million |
| Keywords | Loan Servicing, Loan Origination, Student Loan Servicing, Loan Management, Private Student Loans, School Financing, Debt Servicing, Portfolio Servicing, Asset Servicing, Private Lending, Capital Markets, Alternative Financing, Investment Capital, Capital Provider, Financial Management, Financial Services, Credit Services |
| Competitors | Wells Fargo, OnDeck, Square, Bluevine, Kabbage Small Business Loan, Kiva, Fundbox, Lendio, Credibly, Borro +32 more (view full list) |
| SIC | SIC Code 614 Companies, SIC Code 61 Companies |
| NAICS | NAICS Code 53 Companies, NAICS Code 5313 Companies, NAICS Code 53131 Companies, NAICS Code 531 Companies |
Looking for a particular Paramount Capital Group employee's phone or email?
The Paramount Capital Group annual revenue was $1 million in 2026.
Tim Gillis is the Vice President of Sales of Paramount Capital Group.
23 people are employed at Paramount Capital Group.
Paramount Capital Group is based in King of Prussia, Pennsylvania.
The NAICS codes for Paramount Capital Group are [53, 5313, 53131, 531].
The SIC codes for Paramount Capital Group are [614, 61].