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Keyword: medicalexpense

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  • Fintech startup expands to meet growing need for medical loans

    07/06/2017 6:03:27 AM PDT · by spintreebob · 1 replies
    Crains Atlanta ^ | 7-6-2017 | Richard Lawson
    In the post-Great Recession world, Kennesaw, Ga.-based LendingPoint saw an opportunity in what is called the “near prime” market, borrowers whose credit rating is in the 600-700 range. LendingPoint loaned $15 million its first year, according to Tom Burnside, one of the founders and chief executive officer. LendingPoint has since reached $260 million in loans, employs more than 100. Now, LendingPoint ... making loans easier to obtain for covering out-of-pocket medical expenses. “We do a lot of medical as is,” Burnside said of the company’s standard lending. But a new deal with ezVerify, a healthcare information technology company based in...