California Company Moving HQ to Indy

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A San Diego-based financial services company is moving its headquarters to Indianapolis. SettlementOne LLC plans to invest nearly $3.6 million to relocate to the city’s downtown and create up to 237 jobs by the end of 2021.

SettlementOne provides credit reporting, property valuation, flood certification, fraud and verification services to U.S. banks, mortgage lenders, mortgage brokers and credit unions, according to its website. The company appointed Tom Hurst chief executive officer last September, who said then he had planned to open the new headquarters in Indy.

The Indiana Economic Development Corp. has offered SettlementOne up to $1.1 million in conditional tax credits and up to $100,000 in training grants based on the company’s job creation plans. The company will not be eligible to claim the incentives until Hoosier workers are hired.