LendingUSA Responds to COVID-19 Pandemic

SHERMAN OAKS, Calif., March 23, 2020 (Newswire.com) - ​​​​In response to the novel coronavirus (COVID-19) and the growing health and economic crisis, LendingUSA is announcing a series of initiatives to protect and mitigate the impact on our employees, merchants, and borrowers. LendingUSA was founded with the mission of providing financing for important moments in life; today is no different.

“For LendingUSA, we have always been proud to support our merchants and our borrowers with fast funding and low monthly payment options, especially in times of great need,” said Camilo Concha, CEO and Founder of LendingUSA. “Today, we are working diligently to support our local community, our employees, and everyone who depends on us to continue funding loans and providing better payment options.”

LendingUSA is following recommended guidelines from the World Health Organization (WHO), the Centers for Disease Control and Prevention (CDC), and local and state officials to keep employees safe, while still ensuring business operations continue running smoothly. As a result, LendingUSA is currently operating with normal business hours, with all staff working remotely. Additionally, the Company is providing its employees with critical resources and support, including flexibility for parents and access to virtual medical care.

For merchants who depend on LendingUSA to provide fast pre-approvals and low monthly payment options for their customers, these services will continue to be provided, uninterrupted. “In the ever-evolving situation, it is critical that borrowers continue to have payment options rather than draining their savings accounts or using multiple credit cards,” said Mr. Concha. “We will continue to be here to support our communities and individuals in need during this unprecedented event with the same high-quality service that has come to define LendingUSA. In our organization, one of our guiding values is the idea that ‘We are One.’ Today, we hold this value close to our hearts as we continue working to provide the best service possible.”

To see how LendingUSA can be of assistance, please visit our website at www.LendingUSA.com

About LendingUSA

LendingUSA is an award-winning fintech company that offers point-of-sale financing solutions to over 8,000 merchants nationwide serving various specialty markets including the elective medical industry, legal, tax, pet, funeral and more. LendingUSA is committed to creating the best financing experience available through its proprietary point-of-sale lending solution. LendingUSA works closely with its merchant partners, providing the tools and training they need to easily and efficiently maximize customer financing approvals and grow their business. All loans are made by Cross River Bank, a New Jersey state-chartered bank, Member FDIC. For more information, please visit www.LendingUSA.com.

Media Contact
Tyson Wigfall, Director of Marketing, LendingUSA
​[email protected]

Source: LendingUSA