Cars

Company Gives Away Free Cars at Christmas Party After Successful 2019

Now, this is what you call a holiday giveaway.
IMAGE UNITED SHORE
Comments

According to a report by Fox 29, US-based wholesale mortgage lender United Shore Financial Services gave away a total of 13 Cadillac XT5s at its 2019 Christmas party to celebrate the company’s record-breaking year. This is on top of a live performance by The Chainsmokers and 30 cruise trips to the Bahamas.

ADVERTISEMENT - CONTINUE READING BELOW

It sounds excessive, but based on the report’s numbers, the firm has a lot to celebrate. In 2019, its employee count jumped from 2,700 to 4,800 by hiring at least 250 people each month, and the company is expected to double more than double its mortgage broker volume production to $106 billion (a lot of pesos).

“It was a good year around here,” company CEO Mat Ishbia said. “The secret sauce is the people and the culture and the team.”

In the US, the Cadillac XT5 starts at a price of $41,695 (P2.1 million). This means United Shore Financial Services gave away at least P27,000,000 worth of cars during the Christmas party.

ADVERTISEMENT - CONTINUE READING BELOW

So, what’s the biggest prize you’ve ever won at a company Christmas party? Let us know in the comments.

This story originally appeared on Topgear.com.ph. Minor edits have been made by the Esquiremag.ph editors.

Comments
View More Articles About:
Recommended Videos
About The Author
Drei Laurel for TopGear.com.ph
View Other Articles From Drei Laurel for TopGear.com.ph
Comments
Connect With Us