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.
The company has been planning an expansion into several verticals including its newest—elective medical loans. PowerPay’s healthcare financing enables medical professionals to offer their patients loans of up to $60,000 with 9.99% rates and terms from 6 months to 6 years. Read more.