What do the health care and education segments have in common? They both have customers who must make large payments prior to receiving services, such as taking classes at a college or visiting a doctor’s office or hospital for medical treatment. When those payments are...
Online lender LendingPoint announced Tuesday (Sept. 19) that it had closed an up to $500 million credit facility on Aug. 22. In a press release, the company said the credit facility was arranged by Guggenheim Securities. LendingPoint noted it drew down $138.5 million of the...
January 18, 2018
What do the health care and education segments have in common? They both have customers who must make large payments prior to receiving services, such as taking classes at a college or visiting a doctor’s office or hospital for medical treatment. When those payments are cross-border, the lack of transparency around exchange rates and transfer times created […]
September 20, 2017
Online lender LendingPoint announced Tuesday (Sept. 19) that it had closed an up to $500 million credit facility on Aug. 22. In a press release, the company said the credit facility was arranged by Guggenheim Securities. LendingPoint noted it drew down $138.5 million of the facility at the closing, and it took an additional $32.7 […]
