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A Merchant Cash Advance pioneer is revolutionizing healthcare financing with Scott Griest

A Merchant Cash Advance pioneer is revolutionizing healthcare financing with Scott Griest

FromEN - Payments Innovation


A Merchant Cash Advance pioneer is revolutionizing healthcare financing with Scott Griest

FromEN - Payments Innovation

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)

The Payments Innovation Podcast: FinTech | Innovation | eCommerce is dedicated to helping business leaders navigate today’s global digital economy. Whether you’re looking to stay informed on the latest in payments technology, listen to experts on the future of eCommerce or simply learn about cutting edge FinTech companies, this podcast is for you. Each episode features an interview with a globally-minded business and tech expert, discussing topics like: global payments, money transfer services, financial innovation and FinTech, eCommerce, APIs, business transformation and more.