Canadian online lender LendingArch is building out its financing capabilities with the launch of a new solution for medical expenses; the company seeks to provide financing solutions for debt consolidation, home improvement and other areas of personal growth; the medical expenses product will broaden the firm's scope and help support consumers in managing out of pocket medical expenses; customers can access the loan solution individually or at a clinic location; the platform's loans allow for immediate payment to clinics and offer financing terms ranging from 12 months to three years. Source
GreenSky is launching a new revolving credit line up to $25,000 for elective medical providers; the lender is looking to...
Vetary.com provides an online healthcare marketplace and financing service for pet care; the platform is managed by FinRise and the business has announced a partnership with FinWise Bank that will help expand and enhance the service offerings on Vetary.com; through the partnership pet owners can apply for financing from their mobile devices and veterinarians can offer financing solutions at the point of sale; the platform also says its loan applications can be processed in minutes with funds available for use immediately. Source