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Research Outline
Prepared for Lior W. | Delivered December 10, 2019
Financing Services for Professional Training
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Goals
To identify 3-5 companies that provide financing services for professional training courses.
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Early Findings
Many students finance their further education, including professional development courses, by using
private loans
through regular banks. Some of these
providers
include PNC, Wells Fargo, local credit unions, SunTrust and Discover.
Furthermore, we checked institutions that offer payment plans to see if they named their provider.
Several
did
not
.
Cashnet
offers partnerships with
educational institutions
to help implement payment plans.
The Cashnet
website
gives very little information, but it does imply that Cashnet does not themselves provide any financing, merely a portal for payments.
Overall, it appears the vast majority of professional training providers offer financing or
payment plans themselves
, rather than partnering with an external provider.
If a provider does not offer in-house financing, then the other option is took seek private loans through a financial provider or even a personal
credit card.
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