Explore our 2023 Annual Impact Report

Explore our 2023 Annual Impact Report

Explore our 2023 Annual Impact Report

Wow…what a year! In 2023, SpringFour received more recognition and validation than ever before — with awards, press, and, most importantly, new and expanded partnerships with far-reaching impact. Financial health became a mainstay and a must-have during 2023. 

It is clear that, through empathy-driven financial health solutions, institutions can achieve win-wins — financially healthier customers who increase their repayments, leading to better business outcomes.

Please explore our report to see some top achievements in 2023, including:

  • 5.5 million financial health referrals delivered

  • Brand new all-in-one financial health solution that is in demand 

  • Partnership media features with BMO, Self, Fay Servicing, and more

  • Awards from Fast Company, Finovate, and Banking Tech

Since our launch more than 15 years ago, our mission-driven mindset has been this: By empowering people with resources that make a difference in a customer’s life, we all win.

We’re thrilled to activate our mission in impactful ways and to do our part in making the world a better, kinder, and more financially sound place. 

Thank you, as always, for your partnership,

Rochelle Nawrocki-Gorey

CEO & Founder, SpringFour

Awards and Recognition

          

           

       

    

 

 

 

 

 

          

DRIVE IMPACT WITH US

info@springfour.com
866-732-2246

Chicago Office at 1871
222 Merchandise Mart Plaza

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Are you ready for it? (Delinquencies, that is)

Are you ready for it? (Delinquencies, that is)

Are you ready for it? (Delinquencies, that is)

This just out: Americans now owe a collective $1.13 trillion on their credit cards.

So, what are financial institutions doing to solve this growing challenge?

Organizations that effectively support their customers to achieve greater financial health and make repayments all have one thing in common: they’re using SpringFour. Here’s why:

SpringFour’s technology was incredibly quick and easy to adopt. It naturally fits into our collections processes and systems with minimal training needed…

The results have been remarkable on multiple fronts. We’ve referred over 800,000 customers to SpringFour resources, with food bank assistance being one of the most utilized options.

Clients who accept help have fewer future delinquencies, defaults and losses. And we’ve quantified multi-million-dollar savings from avoided losses for both consumers and BMO.

But some of the most valuable benefits are less tangible. When we proactively stand by customers during difficult times, they remember us when things improve and direct more business our way.

Anuj Vohra

Head of North America Collections, BMO Financial Group

By connecting consumers to vetted financial resources, this B-Corp enables consumers to meet their financial objectives, reduce household expenses, and avoid payment delinquencies. It’s a win-win solution, and one that is much needed.

Theodora Lau

Fintech Influencer and Host, One Vision Podcast

Typically when customers are struggling with repayments, they are experiencing distress and maybe even trauma. It can be difficult for these families to hunt for resources, including payment assistance and social support programs. Financial institutions have the opportunity to become a trusted resource, putting people’s financial health front and center, in good times and in bad. That is a strategy that will truly pay off for all.

Rochelle Gorey

Founder and CEO, SpringFour

SpringFour is synonymous with impact — for organizations and their customers. That’s why we kicked off the year by winning the Real Leaders Impact Award, which recognizes top companies that are scaling solutions to meet pressing issues.

We were also excited to join Theodora Lau for a great conversation on One Vision Podcast. She says it best:

“How do you build a customer-centric financial institution? Being hyper-focused on your customers’ needs definitely tops the list. Especially in an environment where financial uncertainty is keeping many consumers up at night, banks are in the best position to act as an empathetic and trusted partner for those in need.”

SpringFour can help you address delinquencies quickly, efficiently — and with empathy. SpringFour is a proven and effective delinquency solution. Our data and client list speak for themselves. Don’t get left behind.

Connect with us at impact@springfour.com to get started.

Thank you,

Rochelle Nawrocki-Gorey

CEO & Founder, SpringFour

Awards and Recognition

          

           

       

    

 

 

 

 

 

          

DRIVE IMPACT WITH US

info@springfour.com
866-732-2246

Chicago Office at 1871
222 Merchandise Mart Plaza

JOIN OUR MAILING LIST

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SpringFour Recognized in Real Leaders 2024 Top Impact Companies

SpringFour Recognized in Real Leaders 2024 Top Impact Companies

SpringFour Recognized in Real Leaders 2024 Top Impact Companies

We’re excited to announce that SpringFour has been named a  2024 Real Leaders Top Impact Company!

For the last six years, Real Leaders Top Impact Companies have celebrated companies around the globe that are striving to build a better world. To make the list, companies must demonstrate their clear intention to scale solutions that address pressing issues. Companies are then ranked by revenue size, growth rate, impact metrics, and gross annual revenue.

As social impact has always been the cornerstone of our business, we’re honored to be included on this list and featured at number 26 for the financial services category.

Here is what we’ve known since our very first day:

When people are experiencing financial challenges, it’s because something is happening in their lives that makes it impossible for them to cover all of their expenses. When businesses empower their customers and employees with access to resources that help them save money and build a better life, we all win.

Win-wins are the best kind of impact to create, and we are so proud to create that impact with top financial institutions, employers, nonprofits, and the people they serve.

See the full list of Real Leaders Impact Companies

Find SpringFour listed at #153 in the list of Real Leaders Top Impact companies at the link below.

Awards and Recognition

          

           

       

    

 

 

 

 

 

          

DRIVE IMPACT WITH US

info@springfour.com
866-732-2246

Chicago Office at 1871
222 Merchandise Mart Plaza

JOIN OUR MAILING LIST

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