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News Stories (9 Results) - LendingPoint

LendingPoint, the AI-driven CreditTech platform that provides one-stop financing solutions for consumers, e-commerce and point of sale partners, and lending institutions, announced that Richard (Rich) Pfaltzgraff has been named as its new Chief... Read Story
June 08, 2023, 07:07 AM

LendingPoint, an AI-driven CreditTech platform, announced it achieved its seventh consecutive quarter of profitability in Q1 2022.Q1 2022 Financial and Operational Highlights: Platform originations in Q1 2022 increased 141.3% over Q1 2021, and... Read Story
May 23, 2022, 07:35 AM

LendingPoint announced the closing of an up to $110 million, 5-year corporate mezzanine credit facility with new partners MidCap Financial Trust, managed by a subsidiary of Apollo Global Management, Inc. and Apollo Investment Corporation.The... Read Story
March 10, 2021, 07:50 AM

LendingPoint, the company revolutionizing and democratizing commerce, announced that it closed its inaugural securitization of consumer loans. LendingPoint Receivables Trust 2019-1 ("LDPT 2019-1") issued $177.85 million of notes backed by a pool of... Read Story
September 05, 2019, 08:55 AM

LendingPoint, the company working to revolutionize and democratize commerce, announced that it closed a committed, $250 million credit facility arranged by Guggenheim Securities.  The credit facility has an accordion feature, which allows the Company... Read Story
August 27, 2019, 08:55 AM

LendingPoint announced it closed an increase of its mezzanine financing, bringing the total of the facility to $52.5 million. Paragon Outcomes Management LLC provided the financing that closed earlier this month. Paragon and LendingPoint have been... Read Story
June 28, 2018, 07:12 AM

LendingPoint, the company working to revolutionize access to consumer credit, announced it has closed an up to $600 million, committed credit facility arranged by Guggenheim Securities, the investment banking and capital markets division of... Read Story
May 17, 2018, 08:01 AM

LendingPoint, the online balance sheet lender and provider of the LoanHero point of sale financing platform, announced that Antonio Martino has joined the company as its Chief Financial Officer (CFO).Martino is a financial industry leader with more... Read Story
February 02, 2018, 07:12 AM

Online loan provider LendingPoint announced that on August 22, 2017, it closed an up to $500 million credit facility arranged by Guggenheim Securities. The company took down $138.5 million of the facility at the closing and on September 15, 2017, it... Read Story
September 21, 2017, 07:18 AM