Healthcare Fintech to Provide Platform Analytics to Small-to-Mid-Size Lenders, Banks, ABL, Factors
November 20, 2019. Jacksonville, FL
Liquid FSI, Inc. (www.liquidfsi.com) announced today that it will provide its healthcare analytics and machine learning platform, Convert2Pay™, to small Banks, ABL, and Factors effective January 1, 2020.
The company will also allow qualified lenders to access its portfolio of existing healthcare loans and lines of credit opportunities via Stackfolio, the Atlanta-based online marketplace for loan trading and participation. Lenders can easily see the millions in opportunities online and access the specific Liquid FSI loan details and documents with a free login.
Liquid FSI and Stackfolio entered into a partnership to leverage Liquid FSI’s healthcare sector data analytics and Stackfolio’s marketplace technology in June 2019 to serve the overwhelming demand for loans and asset-based lending in the healthcare sector.
According to Liquid FSI CEO, Frank Capozza, “Liquid FSI has originated more than $30 million in healthcare loans and lines of credit in Q4 2019. Lenders can now pick and choose the borrowers that best fit their risk profile and the type of healthcare practices and geographic location they are most familiar with.”
In addition, Liquid FSI’s risk assessment tools allow lenders to look at each insurance claim individually and assess the quality of the asset to lend against, monitor variances in insurance submissions, and look at payment performance of insurance companies. The platform also compares past insurance adjustments (adjudication) with current performance. The platform also provides the ability to track insurance payment deposits into a provider’s bank account.
Stackfolio’s online marketplace for loan trading is revolutionizing how thousands of institutions transact in the whole loan and participation markets. The platform has over 1,100 financial institutions with more than $2 billion of loan listings.
About Liquid FSI
Liquid FSI, Inc. is a lending technology platform using big data analytics, machine learning, and blockchain to help healthcare providers access capital through the marketplace.
For More Information Contact:
Frank Capozza, Liquid FSI, Inc. 646-620-6088
Omar Esposito, Stackfolio.com 404-668-1180