Tag : financing programs

Credit Acceptance Announces Completion of $250.1 Million Asset-Backed Financing
Banking News

Credit Acceptance Announces Completion of $250.1 Million Asset-Backed Financing

Fintech News Desk
by Fintech News Desk0
Credit Acceptance Corporation announced the completion of a $250.1 million asset-backed non-recourse secured financing (the “Financing”).  Pursuant to this transaction, we contributed loans having a value of approximately $312.6 million to a wholly-owned special purpose entity which will transfer the loans to a trust, which will issue three classes of......
Pivot Technology School Secures $10 Million in Incentive-Aligned Tuition Financing Capital to Grow Income Share Agreement Program
Finance News

Pivot Technology School Secures $10 Million in Incentive-Aligned Tuition Financing Capital to Grow Income Share Agreement Program

Fintech News Desk
by Fintech News Desk0
Pivot Technology School (Pivot Tech) announced the close of $10 million in growth financing to drive the expansion of their tuition financing programs. The Tennessee-based company empowers minority students with in-demand technical skills, an industry historically lacking strong racial diversity. Pivot Tech plans to increase access to their program through the use of Income......
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