A Merchant Cash Advance pioneer is revolutionizing healthcare financing with Scott Griest

<p><span style="font-weight: 400;">Merchant cash advance (MCA) solutions have been making finance payments easy for retailers and restaurants since 2005. So how does someone who was in the pioneering days of MCAs shift into the in healthcare system?</span></p> <p><a href="https://www.linkedin.com/in/scottgriest/"><span style= "font-weight: 400;">Scott Griest</span></a> <span style= "font-weight: 400;">decided to find out. He built a product to automate loan origination for medical procedures. This platform was built in a way where other originators could license it as well, leveraging the technology with their own financing partners.</span></p> <p><span style="font-weight: 400;">Scott is the founder and chief operating officer of</span> <a href= "https://www.primahealthcredit.com/"><span style= "font-weight: 400;">PrimaHealth Credit</span></a><span style= "font-weight: 400;">, which is a fintech startup concentrating on patient health care finance.</span></p> <p><span style="font-weight: 400;">What we talked about:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">The early days of MCA solutions, 2005-2007</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">How MCAs fit in the U.S. regulatory framework for lenders</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">How MCAs can differentiate themselves in their crowded space</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">The value and solutions MCAs can bring to healthcare</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Building the tech stack to help doctors collect on their own plans</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Scott's advice for entering, operating, exiting, and investing in fintech</span></li> </ul> <p><span style="font-weight: 400;">To ensure that you never miss an episode of Payments Innovation,</span> <a href= "https://apple.co/2Hlc1h3"><span style= "font-weight: 400;">subscribe on Appl