CEANNATE meets demand for student success solutions with new office in Buffalo Grove

CEANNATE Corp, a leading business process outsourcing company providing expertise and solutions for the higher education industry, today announced that the company has opened a new office in Buffalo Grove, Illinois. The 38,000 square foot facility, located at 1100 West Lake Cook Road, has capacity for 300 full-time employees.

Staff at the Buffalo Grove location include members of CEANNATE’s Shared Services departments as well as employees of the company’s wholly-owned subsidiary, Financial Management Systems (FMS). FMS provides solutions to the U.S. Department of Education, guaranty agencies, and colleges and universities. The company has helped rehabilitate over $1 billion in defaulted loans working closely with student borrowers, allowing tens of thousands of individuals to achieve financial solvency and pursue their higher education goals.

“As an organization committed to student borrower success and thought leadership in the higher education space, CEANNATE and its subsidiaries work with colleges and universities to best serve and provide counsel to current and former students over the course of the education loan lifecycle,” said Maureen Peterson, Executive Vice President and COO, CEANNATE Corp. “The expansion into Buffalo Grove provides us with the scalability needed to meet growing demand for innovative solutions that help students and borrowers excel financially and achieve their life goals.”

The new location is expected to add approximately 200 full-time jobs to the Buffalo Grove area by year’s end. Members of the Buffalo Grove community and surrounding localities looking to connect with CEANNATE for the purposes of recruiting and other community development partnerships can reach the company through the Buffalo Grove Area Chamber of Commerce (www.bgacc.org).