PWCC expands its lending activities - Net54baseball.com Forums

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09-10-2022, 08:04 AM

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Scott Russell

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Join Date: Jun 2016

Location: Pennsylvania

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Quote:

Originally Posted by UKCardGuy

I suspect its Whitehawk Capital Partners that's the regulated financial business. My read of the article is that PWCC has partnered with Whitehawk. Its similar to the way a car dealer might use a financing company to offer car loans. In that scenario the finance company is the one doing the lending. Thebthe dealer benefits because they can sell more cars and they probably get a fee from the financing company for every loan .

G@ry G01db3rg

Possibly I didn't read it closely enough I was thinking whitehawk was an investor in PWCC and was providing capital for them to use.

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