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Stock impact report

ACE Enhances Signature Loan Offering, Giving Advisors Even Greater Confidence in Their Credit Capabilities

Envestnet, Inc (ENV) 
Last envestnet, inc earnings: 2/20 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.envestnet.com/investor-overview
Company Research Source: PR Newswire
By Setting Qualification & Approval Expectations Upfront, the Advisor Credit Exchange Further Simplifies Access to an Easy, Quick Way to Achieve Liquidity Without Selling AssetsBERWYN, Pa., May 11, 2023 /PRNewswire/ -- The Advisor Credit Exchange (ACE) has rolled out updates to its unified lending platform, ACx, making it easier for financial advisors to identify signature loans to be part of a diversified credit portfolio for helping clients obtain short-term, immediate liquidity.Signature loans don't require borrowers to pledge collateral. Instead, borrowers only need to sign that they agree to repay the loans over the designated period. ACE provides advisors with access to signature loans from high-quality lenders, which can potentially meet the needs of clients with a broad spectrum of credit profiles. Advisors can also receive on-demand support from subject matter experts and credit coaches who can help them fully integrate lending into their practices and value propositions.The Show less Read more
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