Student Promise, LLC

To create student tuition bonds of investment grade higher education student debt to investors and building a client base of low risk default borrowers.

  • Stage Prototype Ready
  • Industry Financial Services
  • Location Stratford, CT, US
  • Currency USD
  • Founded April 2013
  • Employees 6
  • Website studentpromise.net

Company Summary

Medical student loans default rates are 50 basis points compared to 15% for all other types of student loans with more than $2 billion to market per year.

Customers:
1. Borrowers
2. Investors

Product:
Student tuition bonds (patent pending) for monthly coupon less than government student loan interest rate of 5.5 to 6.8% and we receive 2% from monthly payments.

Structure:
Underwriter/Servicer/Loan processing.

Advisors

  • Bill Hubert
    Unconfirmed

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