16 min listen
A Merchant Cash Advance pioneer is revolutionizing healthcare financing with Scott Griest
A Merchant Cash Advance pioneer is revolutionizing healthcare financing with Scott Griest
ratings:
Length:
21 minutes
Released:
Mar 10, 2020
Format:
Podcast episode
Description
Merchant cash advance (MCA) solutions have been making finance payments easy for retailers and restaurants since 2005. So how does someone who was in the pioneering days of MCAs shift into the in healthcare system? Scott Griest decided to find out. He built a product to automate loan origination for medical procedures. This platform was built in a way where other originators could license it as well, leveraging the technology with their own financing partners. Scott is the founder and chief operating officer of PrimaHealth Credit, which is a fintech startup concentrating on patient health care finance. What we talked about: The early days of MCA solutions, 2005-2007 How MCAs fit in the U.S. regulatory framework for lenders How MCAs can differentiate themselves in their crowded space The value and solutions MCAs can bring to healthcare Building the tech stack to help doctors collect on their own plans Scott's advice for entering, operating, exiting, and investing in fintech To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here.
Released:
Mar 10, 2020
Format:
Podcast episode
Titles in the series (100)
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