Many hospitals are now partnering with financing companies to offer payment plans when patients and their families can’t afford their bills. The catch: the plans can come with interest that significantly increases a patient’s debt. sesame/Getty Images hide caption toggle caption sesame/Getty Images Many hospitals are now partnering with financing […]
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New York State is funding an EV-only consumer loan platform
EV seed-stage company Tenet, which offers consumer loans for EVs, today announced it has secured $25 million in a first-of-its-kind warehouse facility from NY Green Bank for EV loan financing that originates in New York State. If you’re not familiar with the term warehouse financing, it’s “a form of inventory financing that […]
Finance Of America Exiting Wholesale, Correspondent Lending
Join industry visionaries Pete Flint, Spencer Rascoff, Ryan Serhant and more at Inman Connect New York, Jan. 24-26. Punch your ticket to the future by joining the smartest people in real estate at this must-attend event. Register here. Finance of America Mortgage, a nonbank lender that went public last year, […]
Raising Debt Or Surrendering Equity?
Travis Meyer, CEO at Thynk Capital Holdings, is a serial entrepreneur and finance expert, passionate about the empowerment of entrepreneurs. getty To accommodate for the financial demands of a growing business, companies generally have two options with regards to capital generation: equity or debt financing. Equity refers to raising capital […]