Covered Care Receives Funding from Fortress Investment Group

Fortress Investment Group is a leading investment manager in New York with nearly $50 billion of assets under management. The organization has over 1,800 institutional clients and private investors across the globe. Investment performance is among the core values of the company.

Every member at Fortress Investment Group strives to generate high returns for investors in the long run. One of the measures the investment management firm has taken to meet the increasing demand for its services is increasing its employees. In late 2020, it had over 1000 specialists at the headquarters and other offices across the globe.

The company also extends to areas such as pricing, owning, and overseeing the management of various types of assets. Fortress Investment Group stands out among the competitors in New York due to its vast knowledge in the industries it invests in. In 2020, Covered Care announced it had received $100 million from affiliates of Fortress.

The company believes in ensuring all Americans receive quality healthcare and pay for it later, irrespective of their credit scores. Recent statistics have shown that individuals spend hundreds of billions of dollars to access quality healthcare services. This necessitates more affordable and universal financing options; just as financial institutions have reviewed their approval procedures during the current crisis.

Covered Care has recorded increased demand by enabling improved access to affordable financing for people who cannot secure credit from traditional financial institutions. Fortress Investment Group has an excellent track record for being a financing partner for innovators.

Covered Care said the facility would enable it to serve the increasing number of clients who couldn’t get traditional financing. A recent report has shown that most Americans’ credit scores are below 700 while others have no credit. As a result, they cannot get credit or are required to pay high interest. Go Here for related Information.