Loan Science, LLC
Alec Reinstadtler has extensive experience in the student loan industry. Alec began their career as a Vice President at Signet Bank in 1988 and remained in that role until 1998. Alec then joined Bank of America as a Sr. Vice President, leading a 46-member student lending sales team and managing $2.8 billion in annual loan originations. In 2006, they moved to Student Capital Corporation, where they served as Senior Vice President and led a 43-member student lending sales team that generated $1.5 billion in annual loan originations. Alec then worked as the National Sales Director at Education Finance Partners from 2007 to 2008, where they grew annual loan originations by 79% and gained commitments from 343 universities. Alec co-founded Loan Science, LLC in 2008, where they currently serve as the Vice President of Business Development, responsible for client relationship management and business development to optimize student loan portfolios and improve collections effectiveness and cash flow by more than 30%.
Alec Reinstadtler earned a Bachelor of Science in Business Administration (BSBA) from the University of Delaware. No specific start and end dates for their education were provided.
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Loan Science, LLC
*The science of lending is our passion.* We develop solutions and advanced analytics that help our clients better manage loan portfolios to optimize revenue and profitability. Our unique approach dramatically improves the design, delivery and performance of loan portfolio management programs. Our core capabilities are: advanced data management with data security that sets the standard for industry-best practices; predictive analytics that accurately assess the default risk of each borrower in a loan portfolio and learn over time by incorporating borrower behavior; and collections and default prevention programs that optimize portfolio performance. We specialize in technology solutions and services for: colleges and universities to reduce their cohort default rates (CDR), maintain their Title IV funding eligibility, and improve revenue and enrollment rates; lenders to improve their financial performance on student loan and consumer loan portfolios; and investors with private student loan and other consumer loan portfolio investments to make better-informed decisions on which loan portfolios to purchase, at what price, and how to best manage them to optimize their return.