Caribou Financial, a company specializing in auto-loan refinancing, is expanding into Arizona with a new office, according to a news release from the city of Chandler.

The company has signed a lease for nearly 10,000 square feet in The Alexander building at 25 S. Arizona Place in Chandler, the city stated.

“The Phoenix metro area is one of the fastest-growing regions in the country,” said Robbie Boddy, Senior Vice President of Sales and Operations. “Our new office in downtown Chandler will help us tap into local talent to continue growing a team to serve customers across the country.”

Headquartered in Colorado, Caribou Financial has been built by large companies in the technology, automotive and finance industries. The company’s expansion into Chandler is a strategic investment to attempt to further its operational growth.

“This expansion into our community highlights Chandler’s appeal to financial services firms looking for a pro-business environment, strong workforce, and class-A office space surrounded by great amenities,” Chandler Mayor Kevin Hartke stated in the release.

As a “fintech” company, the city states, Caribou Financial represents the increased use of technology in delivering financial services. Through its online lending platform, the company is improving the auto refinancing process and empowering consumers.

“This is a disruptive, industry-leading company that fits perfectly with Chandler’s ‘Community of Innovation’ identity,” Micah Miranda, the city’s economic development director, stated in the release.

For information on job opportunities at Caribou Financial and other employers in Chandler, visit chandlercareercenter.com.

We invite our readers to submit their civil comments on this topic. Email AZOpinions@iniusa.org.   Email Jason W. Brooks at jbrooks@iniusa.org.