PowerPay Secures Investment-Grade Bond Issuance Led by KeyBank as Sole Placement Agent

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PHILADELPHIA, April 14, 2025 /PRNewswire/ — PowerPay, a leading financial technology platform, proudly announces the successful issuance of an investment-grade bond, with KeyBank serving as the sole placement agent. This strategic capital infusion will further bolster PowerPay’s balance sheet as the Company finalizes additional warehousing agreements this month, positioning the platform for continued expansion and innovation. PowerPay’s remarkable…

KBRA Assigns Preliminary Ratings to PowerPay Issuance Trust 2024-1

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NEW YORK, March 19, 2024–   KBRA assigns preliminary ratings to three classes of notes issued by PowerPay Issuance Trust 2024-1 (“PowerPay 2024-1”), an asset-backed securitization collateralized by a pool of consumer loans used for home improvements and elective medical. This transaction represents PowerPay LLC’s inaugural 144A ABS securitization. PowerPay 2024-1 will issue three classes…

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PowerPay Appoints Chris Klemick to Lead Healthcare Loan Division

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JUNE 8, 2022 Chris Klemick PowerPay, a financial technology company that provides consumer lending for home improvements, solar and elective healthcare, is pleased to announce the hiring of Chris Klemick as Head of the Healthcare lending division. Chris, a healthcare sales and finance executive brings more than twenty years of leadership and enterprise sales. Most recently, Chris…

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Powerpay launches financing for residential solar and clean energy projects

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PHILADELPHIA — PowerPay, a financial technology company that provides consumer lending for home improvements and elective healthcare, is announcing the launch of a solar financing program aimed at making clean energy affordable for more homeowners. The demand for sustainable energy sources continues to grow at a rapid pace. These projects have high upfront material and labor costs. PowerPay…

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PowerPay Launches Healthcare Financing For Medical Professionals

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PHILADELPHIA, March 16, 2022 /PRNewswire/ — PowerPay, a financial technology company that provides consumer lending for home improvements, announced the launch of the company’s newest vertical—healthcare financing. The new program will provide patient financing for cosmetic surgery, dentistry, fertility treatments, medical spa services, vision correction, and related elective procedures. PowerPay announced the launch of the…

PowerPay Launches New Loan Origination Technology Platform

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Thu, March 10, 2022 PHILADELPHIA, March 10, 2022 /PRNewswire/ — PowerPay, a financial technology company that provides consumer lending for home improvements, has launched a new technology platform to enable streamlined lending processes and expand into new programs for solar, healthcare, and powersports. PowerPay has launched a new technology platform to enable streamlined lending processes and…

PowerPay and Leap announce integration partnership to provide financing to home improvement contractors

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Wed, February 23, 2022, 8:50 AM·2 min read PHILADELPHIA, Feb. 23, 2022 /PRNewswire/ — PowerPay, the nation’s fastest-growing home improvement financing technology company, has announced an integration with Leap, a leading sales software platform for home improvement contractors and remodelers. (PRNewsfoto/PowerPay) Adding PowerPay to the Leap interface reduces the time from the application to completed loan by…