Our Story

For Ran Pal, living paycheck to paycheck was no longer an option when trying to raise five kids with his wife of over 15 years (yes, they were high school sweethearts). He came from a car sales background so it made sense for him to someday own his own dealership. After many years, long hours and hundreds of Saturdays later, Ran finally had enough money to open his own dealership... or so he thought. After talking with a bank and quickly being turned down, he started to look into other forms of financing; this was right after the market crash of 1987 after all. It was then a friend introduced him to the alternative finance industry. This is where Ran learned all about loans, financing, and after many, many pots of coffee later, a new business was born. His home office truly was a 'home office,' it was a used desk and folding chair in the corner of his basement. It wasn't until years later that Ran was finally able to get his first store and as they say, the rest is history. Over two decades and hundreds of chairs later (we finally got the fancy kind with the rollers and cushions on them for our employees), he's proud of having over 50 locations in multiple states.

When Ran opened his first store he listened to everyone's stories of why they needed to borrow money, and it really struck a chord with him. From the hundreds of stories he has heard throughout the years, he created one simple philosophy, "Bad things happen to good people." He believe this still rings true today, so much that it's in the employees training manuals and even posted at every store location. The philosophy is ingrained so much, that it became the catalyst for the company name. "Every one of our customers has their own story. We know things come up, that's why we got into this business in the first place. It's the reason why we like to be flexible with our products and payment options. It's how we became QFund."

Ran wanted to be more than just another finance company, so he took his success and put it to good use. Under his leadership the company has generously contributed to its communities where their clients and employees live and work. The companies Make-A-Wish Foundation efforts were initiated under his supervision along with over 25 non-profit organizations that benefit from the company. Due to Ran's unequivocal stance on the importance of financial education, QFund is also committed to teaching disadvantaged adults and children how to properly manage their money through programs held at local communities. We know that not all people can attend these classes so please, check out our Consumer Education page.