Founded in 2005 by a management team led by Lee Schear to assist the short-term loan industry in providing an alternative lending product, NCP Finance pioneered the development of the CSO lending model. That’s helped short-term lenders enter new markets and originate more loans.
Working with CSO affiliates, NCP funds cash advances, title loans and installment loans for 6 of the largest 10 retail companies operating as a CSO. The company also offers employee loans and loan servicing functions for other lenders.
Senior Management Team
Lee Schear, President
Lee Schear founded NCP Finance in 2005. Mr. Schear founded Schear Financial Services which is a holding company comprised of retail and wholesale enterprises.
Stephen McAllister, EVP/CEO
Joined NCP Finance in January 2008. Prior to joining NCP, Mr. McAllister served as COO for Cashland Financial Services.
Dan Wienckoski, COO
Mr. Wienckoski was formerly CFO for Cashland Financial Services and VP of Business Systems Integration for Cash America.
Chris Henn, CFO
Mr. Henn holds a CPA and has extensive background in banking. Prior to NCP, he was a Senior Vice President for Huntington Bank.
Commitment to our customers and CSOs
NCP Finance believes our customers and associates always come first. To that end, we’ve instituted one of the most stringent compliance programs in the industry. We’re also accredited members of the Online Lenders Alliance, which holds all lenders to high standards of operation. The association outlines a number of best practices, which NCP has fully incorporated. Those best practices include:
- Ensuring Consumers are making educated financial decisions by fully disclosing all Loan terms in a transparent and easy to understand way.
- Giving Consumers a chance to change their mind by maintaining a reasonable cancellation policy.
- Be a company in good standing with the officials and regulatory bodies that govern you. Comply with all applicable laws and regulations.
- Never engage in activities that are unfair, abusive or deceptive.
Members also agree to follow a fundamental code of conduct: “Treat people fairly and with respect.” That’s our goal at NCP. If you ever feel like we’re not upholding our side of the bargain, please call NCP at (937) 228-5600 or call the OLA at (866) 299-7585.
NCP is licensed to operate in the state of Ohio by the Department of Commerce’s Division of Financial Institutions, license number SM.501673.000.