Brief: Marketplace Lender LendingUSA Announces Three New Executive Hires

LendingUSA, a marketplace lender and provider of consumer point-of-need financing, announced on Monday it has appointed three new hires to its executive team. This news comes just a few months after the website named Mike Testa, former president of CareCredit, as its new president.

Camilo-ConchaTerry Silance and Carlos Herrera will both assume the role of vice president of business development while Michael Hill, former Senior Account Manager at LendingClub Patient Solutions, has been appointed LendingUSA’s senior relationship manager.

Camilo Concha, founder and CEO, stated:

“Together, Michael, Terry, and Carlos bring over sixty years of sales, business development, and financial services expertise to LendingUSA. Their proven ability to identify customer needs, plan strategically, and generate results will be an invaluable asset to us as we continue to drive our company forward.”

Silance and Herrera are to spearhead LendingUSA’s affiliate program. Hill will focus on cultivating and building relationships with LendingUSA’s highest-performing merchant partners. Testa commented that he and his team are pleased to welcome the three to the LendingUSA team as they continue to expand in the marketplace lending industry.

Testa went on to add the three new executives will assume their roles immediately.



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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 28, 2026 vs Jan 1, 2025 - Oct 28, 2025

Share this graph
Number of Filings132Prior 127 +3.9%
Target Raise, Total$3.44BPrior $3.54B -2.9%
This YTDYear priorChange
Filings 132 127 +3.9%
Target raise $3.44B $3.54B -2.9%

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Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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