I spent a good chunk of Q1 2025 building our clients’ annual Social Impact Reports, which feature information about the financial health referrals provided to their customers and employees and the category, consumer, and market trends we observed throughout 2024. As I dove into the stories we’ve received over the last year, I was once again impressed by both the social impact and business results our clients see from working with SpringFour.

In today’s rapidly evolving business landscape, companies that prioritize meeting consumer needs aren’t just making a difference in their communities—they’re also strengthening their brand, building customer loyalty, and enhancing their bottom line. Consumers increasingly expect businesses to do more than just sell products or services; they want companies to contribute positively to society. 

One of the most meaningful ways businesses can meet consumer needs is by providing financial health resources—resources that help consumers find ways to save on food, utilities, prescription drugs, and more—to their customers. Doing so not only makes positive contributions to society, but is also proven to drive business results.

The Proven Business Benefits of Meeting Consumer Needs

• Increase Revenue through Customer Retention and Engagement: When consumers feel supported by a brand, they are more likely to remain loyal, resulting in impressive bottom-line results. Providing financial health resources builds deeper relationships with customers, encouraging repeat business and long-term engagement. One SpringFour client has seen millions in projected annualized credit loss savings from offering financial health resources in the collections process.

• Strengthen Brand Reputation and Customer Trust: Consumers are more likely to support brands that align with their values. In fact, 82% of consumers want a brand’s values to align with their own and three-quarters of consumers have parted ways with a brand they felt their values were in conflict with. When a company actively invests in financial education and support, it positions itself as a trustworthy and socially responsible business. In fact, over 98% of agents and coaches using SpringFour agree that offering SpringFour builds trust with customers. This fosters long-term customer loyalty and positive word-of-mouth marketing.

• Gain a Competitive Advantage and Differentiation: In competitive markets, businesses that prioritize social impact set themselves apart. Offering financial wellness resources—such as the nonprofit and government resources available through SpringFour—demonstrates a commitment to customers’ well-being, creating a unique selling point.

• Attract and Retain Employees: Employees are drawn to companies that align with their values. Businesses that emphasize social impact tend to attract top talent, boost employee morale, and enhance workplace culture. A socially responsible brand is more likely to retain employees who take pride in their work. With SpringFour, employees can offer actionable financial health support during collections calls, changing the narrative from simply collecting payments to providing solutions that address root causes and help consumers make payments—leading to 98% of agents and coaches using SpringFour reporting that they feel more satisfied with their work.

How Financial Health Resources Positively Impact Consumers

• Helping Consumers Save Money and Reduce Debt: Offering financial resources—such as discounts, savings plans, or guidance on reducing expenses from reputable organizations whose mission is to help consumers—can have a direct and lasting impact on consumers’ financial stability. This not only improves their financial health but also strengthens their relationship with the business providing them support. 

• Empowering Consumers to Make Informed Financial Decisions: Many individuals lack access to essential financial education. Businesses that provide budgeting tools, credit counseling, or savings programs empower their customers to make better financial choices, reducing financial stress and increasing overall well-being.

• Creating More Equitable Access to Financial Tools: Lower-income consumers often face barriers to financial wellness. By providing access to nonprofit and government resources, businesses can help bridge the gap and provide financial tools to those who need them most.

• Encouraging Long-Term Financial Stability: A customer with strong financial health is a more stable and engaged consumer. When businesses help customers save, invest, and plan for the future, they create a customer base that is financially secure and more likely to continue supporting the business over time.

Making Consumer Needs a Core Business Strategy

To successfully integrate meeting consumer needs into your business, consider the following strategies:

• Partner with SpringFour: Provide access to thousands of local nonprofit and government financial education and money-saving resources to expand your reach and impact.

• Integrate Financial Health Across the Customer Lifecycle: Companies and institutions should incorporate financial wellness features into their services and marketing communications, making it easier for consumers to take control of their financial future. Doing so builds trust, increases engagement, and ensures your customers are getting the help they need from reputable sources. 

• Educate Your Customers: Host webinars, create educational content, or provide one-on-one consultations to help consumers build financial literacy, health, and resilience.

Final Thoughts

Making social impact—especially financial wellness—a cornerstone of your business isn’t just a good deed; it’s a smart business strategy. By helping customers improve their financial health, businesses can strengthen their brand, foster deeper relationships, and create a loyal, financially stable customer base. In a world where consumers value corporate responsibility, prioritizing financial wellness is a win-win for businesses and the communities they serve.

Are you ready to make a lasting impact? Start integrating SpringFour’s financial health resources into your business today! We can have you up and running in under 30 days.

Phylicia Clifton

Senior Manager, Client Success & Impact, SpringFour

At SpringFour, we know that financial health and debt management go hand in hand. That’s why we’re thrilled to announce a brand-new integration of SpringFour with C&R Software’s Debt Manager, the world’s leading SaaS, AI-native debt collection and recovery platform. The debt management and collections system simplifies and streamlines collections processes, and currently manages $8 trillion in debt.

For two decades, SpringFour has been a trusted source for leading organizations to connect their customers with vetted financial health resources. Now, this solution is seamlessly integrated with C&R’s Debt Manager, making it easier than ever for organizations to provide financial health resources at scale and increase consumer repayment rates and performance outcomes.

SpringFour helps organizations connect consumers to over 25,000 vetted financial health resources nationwide, providing direct, real-time access to nonprofit and government support for essentials like food assistance, employment, and utility savings. By integrating SpringFour into Debt Manager, organizations can drive higher repayment rates, improve customer trust, and strengthen brand loyalty—all while helping people get back on their feet.

We’re excited about this next step in ensuring financial wellness is a core part of debt recovery. If you’d like to learn more about how SpringFour integrated with Debt Manager can help your organization, let’s talk. Deploying SpringFour within the Debt Manager experience is quick and can be made available to your team in under 30 days. Email us at sales@springfour.com.

Thank you, as always, for your partnership,

Rochelle Nawrocki Gorey

Founder & CEO, SpringFour

Rochelle Gorey is the founder of the women-led social impact fintech company, SpringFour. SpringFour is based out of Chicago and provides financial health referrals to consumers by partnering with banks, credit unions, employers, mortgage servicers, and nonprofits. I chose to speak with Rochelle, a family friend from my hometown of Downers Grove, Illinois, because I have always been curious about how SpringFour works, and I wanted to learn more about Rochelle’s entrepreneurship journey. Following Rochelle on Instagram, I knew she was extremely accomplished in the business world, being named one of the most influential women in fintech in 2024 and as a 2024 Inc. Magazine Female Founders 250 honoree. Especially as a young woman with a passion for social justice, I have always been inspired by Rochelle’s ability to marry social impact with fintech. I hoped speaking with her would help me find guidance as a woman who aims to use my business skills to make a difference in a male-dominated field. After speaking with her, I am even more inspired by Rochelle’s passion to make a difference. SpringFour continues to grow in its impact, delivering 5.5 million financial health referrals to customers in 2023 and more than 8 million in 2024. There is a need for Rochelle’s business, and I was thrilled to learn more about how she generates this increasing value for her customers.

Rochelle grew up with parents who were both social workers. Recalling her childhood, Rochelle looks back on her parents as “amazing human beings with careers helping people, but they were not being paid much to do that.” She remembers living paycheck to paycheck, having food stamps at certain points, and receiving free hot lunches. “I felt ashamed,” she admits, in reference to living in a low-income household. “I wish I had not felt that way, but that is the nature of having financial challenges.” 

Rochelle went to college with the help of financial aid, where she studied pre-law and public policy, always holding a deep interest in housing issues. When she graduated in 1987, there was a huge increase in homelessness, and Rochelle was further intrigued by how she could solve the housing crisis and create affordability. After 20 years working on social justice issues like affordable housing, she better understood low-income neighborhoods and what they needed, along with policies and programs that could bring resources to those communities. 

Rochelle credits all these experiences as setting her up perfectly to create SpringFour. In the 2000s, there was an increase in predatory lending, subprime lending, and mortgage delinquencies. People were losing homes to foreclosure to no fault of their own, so Rochelle began working as a consultant. She connected people in the Chicago community with nonprofits and resources. While these nonprofits and government programs were created with the goal of helping people in mind, Rochelle noticed that, often, people did not know about these services. Therefore, Rochelle set out to solve the problem of people needing financial health solutions but not knowing where to find them. “It was the right time to do it,” she recalls.

In 2005, Rochelle created SpringFour: a tech company with a contact center tool that connects individuals with financial assistance programs. SpringFour is a B2B2C (business-to business-to-consumer). Their clients are financial institutions that buy SpringFour’s products to deliver financial health referrals to customers and employees. Clients such as BMO, Fifth Third, and Capital One can do a ZIP Code search and help their customers make connections to over 25 distinct categories of need in their area, including food savings, heating and utility services, legal, employment, and disaster recovery. Rochelle’s goal with SpringFour was to change the culture around financial assistance. Instead of being unaccommodating, Rochelle encouraged bank agents to approach financial health issues in an empathetic manner. She urged banks to tell consumers: “I understand you have a problem with your payment. What is getting in the way of it?” Then, this customer could be connected to SpringFour’s resources. Rochelle also noted that the connections listed in SpringFour are vetted to assure they meet the company’s standards and guidelines. SpringFour only includes nonprofits and government resources, connecting people to the real “helpers.”

SpringFour differentiates itself from other fintech companies because it is “not in the business of making money off of people.” The consumer’s best interest is always at the forefront, and the social impact has been an important part of the organization since day one. It is never a cost to the customer to use SpringFour. The company’s curation of resources assures that customers are never presented with a dead end. As SpringFour’s website states, “SpringFour’s solutions have fed families, kept people in their homes, reduced prescription costs, found people jobs, secured childcare, & so much more” (SpringFour).

In creating her business, the biggest challenge that Rochelle faced was breaking through the market. When she first started her company, “No one knew what we were talking about.” The hardest part of Rochelle’s startup process was getting that first big client to trust her and take that leap of faith, embracing modern technology and innovation in financial services. When pitching SpringFour, Rochelle said it was important to help clients understand that the company was not selling a product that was going to make more money for banks, but rather, would help them retain their current business: an equally valuable goal that can be more difficult to accomplish. SpringFour’s website contains a variety of statistics that support the company’s success in creating trust between financial institutions and consumers, with consumers using SpringFour’s referrals being 2-10x more likely to increase repayment rates (SpringFour). 

Rochelle also mentioned the struggles that come with being a woman in business. “You do not get as much attention or funding. Men can present an idea that has no traction and get a million dollars, but women get questioned. There is a vastly different standard.” Women only receive 2% of the venture capital out there, yet women-founded businesses are more successful and more profitable. Women-led companies also have a higher social impact. “I’m not going to stop talking about this,” Rochelle states. I told her how the entrepreneurs who visited my class, most of them male, shared that, from their perspective, being a woman in business is difficult. Rochelle’s response: “To that, I would ask, how are you helping women in your field? What are you doing to change that reality?” She raises a question that I think we need to continue asking.

Rochelle cites her biggest success as helping people. She is proud of her ability to grow fast and scale quickly with an all-women team who is intrinsically motivated and passionate about getting SpringFour out there. She also cites the awards I previously mentioned as validating that SpringFour is doing what it set out to do: to change the banking industry and how it handles financial health.

The key lesson I learned from Rochelle is the importance of being connected to your mission. Rochelle acknowledges that many young people want to have a startup or start a business, but she suggests creating something that you are deeply connected to. Her team is extremely tied to SpringFour’s purpose with a clear set of guiding principles. 

Speaking with Rochelle, I learned that you must keep going; it is a no until it is a yes. A phrase she often uses with her team is that “We are not selling refrigerators,” meaning, not everyone believes they will need her business, but she set out to show financial institutions that SpringFour is a must-have, especially when 60% of Americans live paycheck to paycheck. Therefore, I will take away the lesson that entrepreneurs have the power to change the dialogue around an industry and help customers in new, innovative ways if they challenge the norm.

I learned that the most important part of leadership is empowering your team and allowing them to control their work. SpringFour is a very high-performance team and that is because of the empowerment Rochelle grants to her employees to be in control of their own work. This company is a prime example of why it is important to hire a team that you trust and value.

Lastly, Rochelle taught me that it is important to reflect on your work journey to discover, not only what you like in a workplace, but also what you do not like in a workplace. You can learn from unpleasant work experiences and decide how to be better when you eventually take on a leadership position. 

Learning about SpringFour changed the way that I view social entrepreneurship. Rochelle set out asking “How do we help people have better financial health?” and her answer was SpringFour; her motivation and ability to realize an entrepreneurial dream has showed me how a passion to help others can create a thriving business. Rochelle encouraged aspiring entrepreneurs like me to “Think of your customer and how you can be a service to them. At the end of the day, we are selling something, but why are we doing that? How are we helping them be the hero of this story?” SpringFour’s mission to empower consumers to take control of their financial health is a message I will carry with me, as I strive to create solutions that not only address social issues but also empower others to thrive.

Madeline Riske

English and Creative Writing Student, University of Iowa

2024 was a defining year for financial health — and for SpringFour. Our acquisition by C&R Software, the world’s leading Cloud-native end-to-end software and solutions provider for the complete credit risk lifecycle and a subsidiary of Constellation Software, the 23rd largest software company in the world with an $80B market cap, marked a major milestone, enabling us to scale our mission and bring financial health solutions to more organizations and the people they serve than ever before.

The impact speaks for itself: 8.5 million+ referrals delivered (a 54% increase from 2023), 2,000+ new resources added, and recognition from Inc. and American Banker for our leadership, innovation, and impact in financial health.

Organizations across the country understand what we’ve known since 2005 — supporting financial health isn’t just good for people, it’s good for business. Stronger customer relationships, better repayment outcomes, and long-term stability are the positive results when organizations adopt financial health technology solutions into their bottom lines.

Read this report to learn more about:

➡️  SpringFour’s acquisition by C&R Software

➡️  2024 impact at a glance

➡️  A look at our impactful data

➡️  ROI with BMO

➡️  Our partnership with Fifth Third

➡️  Clients share their work with SpringFour at industry events

➡️  Awards from Inc. and American Banker

➡️  Our new product, S4connect

➡️  Social Impact Reporting for clients

➡️  What our users think about SpringFour 

Here’s to another year of delivering support when and where it’s needed most.

Thank you, as always, for your partnership,

The need for trusted financial health resources continues to grow – and SpringFour has risen to the challenge. In 2024, we delivered over 8.5 million financial health referrals, more than ever before – connecting individuals and families with the essential support they need, through the institutions that serve them.

While the world faces economic fluctuations, rising costs, and environmental crises, SpringFour continues to make a real difference. Our Resource Integrity Team ensures that every referral we provide is vetted, reputable, and up to date – because when people seek help, they need solutions that they can depend on.

The best part about our work? It’s a win-win — financial health is good for customers and businesses alike. Providing access to trusted resources leads to increased repayment rates, stronger customer engagement, and brand loyalty, all while delivering a measurable return on investment. We’re proud to be part of the solution, working with our partners to drive impact for their customers.

Read this report to learn more about:

➡️  Q4 impact metrics at a glance (page 3)

➡️  Natural disaster response and recovery (page 4)

➡️  Rental resources and mortgage relief response to HAF shuttering its doors (page 5)

➡️  SpringFour’s Social Impact Reporting helps clients measure ESG achievements (page 6)

➡️  BMO Case Study and introducing a new team member (page 7)

➡️  SpringFour User Survey provides feedback from S4pro users (page 8)

Here’s to another year of delivering support when and where it’s needed most.

Thank you, as always, for your partnership,

Note from Our CEO & Founder

We built SpringFour to connect people with vetted financial health resources when they need them most. Today, with rising costs, policy changes, and natural disasters, uncertainty is everywhere — and we’re here to help.

Our hearts go out to all those impacted by recent events. In times like these, access to reliable financial health resources is more critical than ever.

That’s why our team continuously vets and updates thousands of nonprofit and government resources, ensuring your customers always have access to trustworthy financial support. From disaster relief to everyday financial challenges like food savings, rental resources, prescription savings, and more, we make it easy for the financial services industry, nonprofits, employers, and more to provide real solutions, fast.

Best of all, providing this support delivers win-win results both for consumers and for our clients — who see greater engagement and trust by customers, increased repayments, high ROI, and more.

Now is the time to let your customers know that help is available. Let’s work together to get your customers the support they need. 

• Not yet offering SpringFour? Reach out to sales@springfour.com to schedule a demo and get started.
• Already delivering SpringFour? Reach out to impact@springfour.com to update your categories and deliver support for the areas of your customers’ financial health that are needed most.

Thank you for your partnership,

There are many ways to bolster financial health strategies with SpringFour, including:

☑️  Provide immediate access to SpringFour’s 25,000+ regularly reviewed and updated financial health resources including local, statewide, and national nonprofit and government relief programs.

☑️  Choose from 25+ categories to deliver financial health resources that support your customers including food savings, home repair, mental health services, heat & utilities, transportation, employment services, and more.

☑️  Create a relief landing page to keep specific resources available to support consumers year-round, helping them know where to access trustworthy resources on their own time.

☑️  Strengthen customer communications around specific issues by sharing empathy-driven messages offering support and pointing people to valuable resources that can improve their financial situation.

☑️  Quantify impact and share successes with consumers and stakeholders on social media; on your organization’s website; in annual, ESG, and impact reporting; and more.