PowerPay Successfully Closes $60 Million Corporate Bond Led by KeyBank as Sole Private Placement Agent
OCTOBER 29, 2024 Partnership advances a mutual commitment to financing for residential homeowners and…
FinWise Bancorp Announces Strategic Lending Program with PowerPay to Offer Transparent and Affordable Monthly Payments for Home Improvement and Elective Healthcare Purchases
SEPTEMBER 25, 2024 FOR IMMEDIATE RELEASE FinWise Bancorp Announces Strategic Lending Program with…
PowerPay Completes $118.9 Million Asset-Backed Securitization to Further Growth
MARCH 29, 2024 FOR IMMEDIATE RELEASE PowerPay Completes $118.9 Million Asset-Backed Securitization to…
KBRA Assigns Preliminary Ratings to PowerPay Issuance Trust 2024-1
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…
PowerPay Appoints Chris Klemick to Lead Healthcare Loan Division
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…
Powerpay launches financing for residential solar and clean energy projects
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…
PowerPay Launches Healthcare Financing For Medical Professionals
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
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
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…
PowerPay and CEO Warrior announce partnership to provide financing to home improvement contractors
PowerPay, the nation’s fastest-growing home improvement financing technology company has announced partnership with CEO Warrior. CEO Warrior is a business consulting organization for home improvement service businesses including HVAC, electrical, plumbing, and more. PowerPay and CEO Warrior announce partnership to provide financing to home improvement contractors. CEO Warrior helps a national community of thousands of…