<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
E Loan, Inc.
----------------------------------
(Name of Issuer)
Common Stock
------------------------------------
(Title of Class of Securities)
26861P107
----------------------------------
(CUSIP Number)
June 15, 2000
--------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
<PAGE> 2
--------------------------------------------------------------------------------
CUSIP NO. 26861P107 13G PAGE 1 OF 11 PAGES
--------------------------------------------------------------------------------
(1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons
(entities only)
Financial Technology Ventures (Q), L.P. ("FTQ")
94-3306100
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
Delaware
--------------------------------------------------------------------------------
(5) Sole Voting Power 2,571,466, except Financial Technology
Management, L.L.C. ("FTM"), the general Partner of FTQ, may be
deemed to have sole power to vote these shares and Richard
Garman ("Garman"), James Hale III ("Hale"), Robert Huret
("Huret") and Scott Wu ("Wu"), the Managing Partners of FTM ,
may be deemed to have shared power to vote these shares.
Number of -----------------------------------------------------------------
Shares (6) Shared Voting Power See Response to Row 5
Beneficially -----------------------------------------------------------------
Owned by (7) Sole Dispositive Power 2,571,466, except FTM, the general
partner of FTQ, may be deemed to have sole power to dispose these
Each shares, and Garman, Hale, Huret and Wu, the Managing Members of
FTM, may be deemed to have shared power to dispose of these
Reporting shares
Person With -----------------------------------------------------------------
(8) Shared Dispositive Power See Response to Row 7
--------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
2,571,466
--------------------------------------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
--------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row 9
4.9%
--------------------------------------------------------------------------------
(12) Type of Reporting Person (See Instructions) PN
--------------------------------------------------------------------------------
(13) Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
<PAGE> 3
--------------------------------------------------------------------------------
CUSIP NO. 26861P107 13G PAGE 2 OF 11 PAGES
--------------------------------------------------------------------------------
(1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons
(entities only)
Financial Technology Ventures , L.P. ("FTV")
94-3306098
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
Delaware
--------------------------------------------------------------------------------
(5) Sole Voting Power 95,200, except FTM, the general Partner of
FTV, may be deemed to have sole power to vote these shares and
Garman, Hale, Huret and Wu, the Managing Members of FTM, may be
Number of deemed to have shared power to vote these shares
Shares -----------------------------------------------------------------
Beneficially (6) Shared Voting Power See Response to Row 5
Owned by -----------------------------------------------------------------
Each (7) Sole Dispositive Power 95,200, except FTM, the general
partner of FTV, may be deemed to have sole power to dispose these
Reporting shares, and Garman, Hale, Huret and Wu, the Managing Members of
FTM, may be deemed to have shared power to dispose of these
Person With shares
-----------------------------------------------------------------
(8) Shared Dispositive Power See Response to Row 7
--------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person 95,200
--------------------------------------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
--------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row 9
0.2%
--------------------------------------------------------------------------------
(12) Type of Reporting Person (See Instructions) PN
--------------------------------------------------------------------------------
(13) Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
<PAGE> 4
--------------------------------------------------------------------------------
CUSIP NO. 26861P107 13G PAGE 3 OF 11 PAGES
--------------------------------------------------------------------------------
(1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons
(entities only)
Financial Technology Management, L.L.C. ("FTM")
94-3306092
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
Delaware
--------------------------------------------------------------------------------
(5) Sole Voting Power 2,666,666 shares, of which 2,571,466 are
directly owed by FTQ and 95,200 are directly owned by FTV. FTM,
the general partner of FTQ and FTV, may be deemed to have sole
power to vote these shares and Garman, Hale, Huret and Wu, the
Number of Managing Members of FTM, may be deemed to have shared power to
vote these shares
Shares
-----------------------------------------------------------------
Beneficially
(6) Shared Voting Power See Response to Row 5
Owned by
-----------------------------------------------------------------
Each
(7) Sole Dispositive Power 2,666,666, shares, of which 2,571,466
Reporting are directly owned by FTQ and 95,200 are directly owned by FTV.
FTM, the general partner of FTQ and FTM. FTM, the general partner
Person With of FTQ and FTV, may be deemed to have sole power to dispose these
shares, and Garman, Hale, Huret and Wu, the Managing Members of
FTM, may be deemed to have shared power to dispose of these
shares
-----------------------------------------------------------------
(8) Shared Dispositive Power See Response to Row 7
--------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person 2,666,666
--------------------------------------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see
Instructions) [ ]
--------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row 9 (See Instructions)
5.0%
--------------------------------------------------------------------------------
(12) Type of Reporting Person (See Instructions) 00
--------------------------------------------------------------------------------
(13) Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
<PAGE> 5
--------------------------------------------------------------------------------
CUSIP NO. 26861P107 13G PAGE 4 OF 11 PAGES
--------------------------------------------------------------------------------
(1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons
(entities only)
Richard Garman
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
U.S. Citizen
--------------------------------------------------------------------------------
(5) Sole Voting Power 0
-----------------------------------------------------------------
Number
(6) Shared Voting Power 2,666,666 shares, of which 2,571,466 are
of directly owned by FTQ and 95,200 are directly owned by FTV.
Garman is a Managing Member of FTM, the general partner of FTQ
Shares and FTV, and may be deemed to have shared power to vote these
shares
Beneficially
-----------------------------------------------------------------
Owned by
(7) Sole Dispositive Power 0
Each
-----------------------------------------------------------------
Reporting
(8) Shared Dispositive Power 2,666,666 shares of which 2,571,466
Person With are directly owned by FTQ and 95,200 are directly owned by FTV.
Garman is a Managing Member of FTM, the general partner of FTQ
and FTV, and may be deemed to have shared power to dispose these
shares.
--------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person 2,666,666
--------------------------------------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
--------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row 9
5.0%
--------------------------------------------------------------------------------
(12) Type of Reporting Person (See Instructions) IN
--------------------------------------------------------------------------------
(13) Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
--------------------------------------------------------------------------------
<PAGE> 6
--------------------------------------------------------------------------------
CUSIP NO. 26861P107 13G PAGE 5 OF 11 PAGES
--------------------------------------------------------------------------------
(1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons
(entities only)
Scott Wu
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
U.S. Citizen
--------------------------------------------------------------------------------
(5) Sole Voting Power 0 shares
Number -----------------------------------------------------------------
of (6) Shared Voting Power 2,666,666 shares, of which 2,571,466 are
directly owned by FTQ and 95,200 are directly owned by FTV. Wu is
Shares a Managing Member of FTM., the general partner of FTQ and FTV,
and may be deemed to have shared power to vote these shares
Beneficially
-----------------------------------------------------------------
Owned by
(7) Sole Dispositive Power 0
Each
-----------------------------------------------------------------
Reporting
(8) Shared Dispositive Power 2,666,666 shares, of which 2,571,466
Person With are directly owned by FTQ and 95,200 are directly owned by FTV.
Wu is a Managing Member of FTM, the general partner of FTQ and
FTV, and may be deemed to have shares power to dispose these
shares
--------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person 2,666,666
--------------------------------------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
--------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row 9
5.0%
--------------------------------------------------------------------------------
(12) Type of Reporting Person (See Instructions) IN
--------------------------------------------------------------------------------
(13) Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
--------------------------------------------------------------------------------
<PAGE> 7
--------------------------------------------------------------------------------
CUSIP NO. 26861P107 13G PAGE 6 OF 11 PAGES
--------------------------------------------------------------------------------
(1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons
(entities only)
James Hale, III
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
U.S. Citizen
--------------------------------------------------------------------------------
(5) Sole Voting Power 0 shares
----------------------------------------------------------------
(6) Shared Voting Power 2,666,666, shares, of which of which
Number of 2,571,466 are directly owed by FTQ and 95,200 are directly owned
by FTV. Hale is a Managing Member of FTM, the general partner of
Shares FTQ and FTV, and may be deemed to have shared power to vote
these shares
Beneficially
----------------------------------------------------------------
Owned by Each
(7) Sole Dispositive Power 0
Reporting
----------------------------------------------------------------
Person With
(8) Shared Dispositive Power 2,666,666 shares, of which
2,571,466 are directly owned by FTQ and which 2,571,666 are
directly owned by FTQ and 95,200 are directly owned by FTV. Hale
is a Managing Member of FTM, the general partner of FTQ and FTV,
and may be deemed to have shared power to dispose of these
shares.
--------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person 2,666,666
--------------------------------------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
--------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row 9 - 5.0%
--------------------------------------------------------------------------------
(12) Type of Reporting Person (See Instructions) IN
--------------------------------------------------------------------------------
(13) Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
--------------------------------------------------------------------------------
<PAGE> 8
--------------------------------------------------------------------------------
CUSIP NO. 26861P107 13G PAGE 7 OF 11 PAGES
--------------------------------------------------------------------------------
(1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons
(entities only)
Robert Huret
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
U.S. Citizen
--------------------------------------------------------------------------------
(5) Sole Voting Power 0 shares
----------------------------------------------------------------
(6) Shared Voting Power 2,666,666 shares, of which 2,571,466 are
Number of directly owed by FTQ and 95,200 are directly owned by FTV.
Garman is a Managing Member of FTM, the general partner of FTQ
Shares and FTV, and may be deemed to have shared power to vote these
shares
Beneficially
----------------------------------------------------------------
Owned by Each
(7) Sole Dispositive Power 0
Reporting
----------------------------------------------------------------
Person With
(8) Shared Dispositive Power 2,666,666 shares, of which
2,571,466 are directly owned by FTQ and 95,200 are directly
owned by FTV. Garman is a Managing Member of FTM, the general
partner of FTQ and FTV, and may be deemed to have shared power
to dispose of these shares.
--------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person 2,666,666
--------------------------------------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
--------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row 9
5.0%
--------------------------------------------------------------------------------
(12) Type of Reporting Person (See Instructions) IN
--------------------------------------------------------------------------------
(13) Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
--------------------------------------------------------------------------------
<PAGE> 9
--------------------------------------------------------------------------------
CUSIP NO. 26861P107 13G PAGE 8 OF 11 PAGES
--------------------------------------------------------------------------------
Item 1
Item 1(a) Name of Issuer:
E-Loan, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
5875 Arnold Road, Suite 100
Dublin, CA 94568
Item 2
2(a) Name of Person Filing:
This Statement is filed by Financial Technology Ventures (Q),
L.P., a Delaware limited partnership ("FTQ"), Financial Technology
Ventures, L.P., a Delaware limited partnership ("FTV"), Financial
Technology Management, L.L.C., a Delaware limited liability company
("FTM") and Richard Garman ("Garman"), James C. Hale, III ("Hale"),
Robert Huret ("Huret") and Scott W. Wu ("Wu"), the Managing Members
of FTM. The foregoing entities and individuals are collectively
referred to as the "Reporting Persons."
FTM, the general partner of FTQ and FTV, may be deemed to have sole
power to vote and sole power to dispose of shares of the issuer
directly owned by FTQ and FTV. Garman, Hale, Huret and Wu are
Managing Members of FTM and may be deemed to have shared power to
vote and shared power to dispose of shares of the issuer directly
owned by FTQ and FTV.
2(b) Address or Principal Business Office or, if none, Residence:
The address for each of the Reporting Persons is:
Financial Technology Ventures
601 California St., Suite 2200
San Francisco, CA 94108
2(c) Citizenship:
FTQ and FTV are Delaware limited partnerships. FTM is a Delaware limited
liability company. Garman, Hale, Huret and Wu are United States Citizens.
2(d) Title of Class of Securities:
Common Stock
2(e) CUSIP No.: # 26861P107
Item 3. Not Applicable
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check
whether the person filing is a:
[ ] Broker or Dealer registered under Section 15 of the Act.
[ ] Bank as defined in Section 3(a)(6) of the Act.
[ ] Insurance Company as defined in Section 3(a)(19) of the Act.
<PAGE> 10
--------------------------------------------------------------------------------
CUSIP NO. 26861P107 13G PAGE 9 OF 11 PAGES
--------------------------------------------------------------------------------
[ ] Investment company registered under Section 8 of the Investment
Company Act of 1940.
[ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
[ ] An employee benefit plan or endowment fund in accordance with Rule
13d-1(b)(1)(ii)(F);
[ ] A parent holding company or control person in accordance with Rule
13d-1(b)(1)(ii)(G);
[ ] A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
[ ] A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of 1940;
[ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Item 4. Ownership
Provide the following information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item 1.
Amount Beneficially Owned:
See Row 9 of cover page for each Reporting Person
Percent of class
See Row 11 of cover page for each Reporting Person
Number of shares as to which such person has:
Sole power to vote or to direct the vote
See Row 5 of cover page for each Reporting Person
Shared power to vote or to direct the vote
See Row 6 of cover page for each Reporting Person
Sole power to dispose or to direct the disposition of
See Row 7 of cover page for each Reporting Person
Shared power to dispose or to direct the disposition of
See Row 8 of cover page for each Reporting Person
Item 5.
Ownership of 5 Percent or Less of a Class. If this statement is being filed to
report the fact that as of the date hereof the reporting person has ceased to be
the beneficial owner of more than 5 percent of the class of securities, check
the following [ ].
Not Applicable
<PAGE> 11
--------------------------------------------------------------------------------
CUSIP NO. 26861P107 13G PAGE 10 OF 11 PAGES
--------------------------------------------------------------------------------
Item 6. Ownership of More than 5 Percent on Behalf of Another Person
Under certain circumstances set forth in the limited partnership agreements of
FTQ and FTV and the limited liability company agreement of FTM, the general and
limited partners or members, as the case may be, of each such entities may be
deemed to have the right to receive dividends from, or the proceeds from, the
sale of shares of the issuer owned by each such entity of which the are a
partner.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company or Control Person.
Not Applicable
Item 8. Identification and Classification of Members of the Group
See Exhibit A
Item 9. Notice of Dissolution of Group
Not Applicable
Item 10. Certifications
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
<PAGE> 12
--------------------------------------------------------------------------------
CUSIP NO. 26861P107 13G PAGE 11 OF 11 PAGES
--------------------------------------------------------------------------------
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated June 23, 2000
Financial Technology Ventures (Q), L.P., a Delaware
limited partnership
By: Financial Technology Management, L.L.C., a Delaware
limited liability company
By: /s/ Richard Garman
---------------------------------------------
Richard Garman
Managing Member
Financial Technology Ventures, L.P., a Delaware limited
partnership
By: Financial Technology Management, L.L.C., a Delaware
limited liability company
By: /s/ Richard Garman
---------------------------------------------
Richard Garman
Managing Member
Financial Technology Management, L.L.C., a Delaware
limited liability company
By: /s/ Richard Garman
---------------------------------------------
Richard Garman
Managing Member
By: /s/ Richard Garman
---------------------------------------------
Richard Garman
By: /s/ James C. Hale III
---------------------------------------------
James C. Hale, III
By: /s/ Robert Huret
---------------------------------------------
Robert Huret
By: /s/ Scott W. Wu
---------------------------------------------
Scott W. Wu
<PAGE> 13
EXHIBIT A
MEMBERS OF GROUP
Financial Technology Ventures (Q), L.P., a Delaware limited partnership
Financial Technology Ventures, L.P., a Delaware limited partnership
Financial Technology Management, L.L.C., a Delaware limited liability company
Richard Garman
James C. Hale, III
Robert Huret
Scott W. Wu
