Appointment expands the board’s domain expertise to provide guidance on the company’s merchant-centric financial and credit service offerings
SCOTTSDALE, AZ, April 10, 2018 (GLOBE NEWSWIRE) -- Lendaily, Inc. (www.lendaily.com), a provider of merchant-centric revolving credit finance solutions, announced that Mary Lyn Hammer, founder and chief executive officer of Champion College Services and Champion Empowerment Institute, specializing in financial literacy, student loan default prevention servicing, life skills training, consulting and advocacy for students, alumni, and educational institutions, has been appointed to Lendaily’s Board of Advisors. The five-person board provides the company’s executives with key strategic and commercial guidance.
Mary Lyn is a highly regarded expert in default prevention strategies and programs for Federal and private student loans. She has worked extensively with federal lawmakers and the U.S. Department of Education on a wide range of student loan and financial management issues for over 30 years.
“We are delighted that Mary Lyn will contribute her knowledge and market expertise to Lendaily’s mission to deliver compelling credit solutions in a variety of sectors,” said Gary Pryor, executive chairman of Lendaily. “Her advocacy for financial responsibility, and hands-on knowledge of the challenges facing non-traditional students and their families, will play a significant role in our initiative to provide revolving credit alternatives to government-backed student loans.”
The advisory board is chaired by W. Jay Lovelace, a former vice president of Satellite Systems at Honeywell Aerospace and currently a principal and founder of WJL Capital, a private capital investment firm holding investments in some twenty technology and financial companies.
Other board members include:
Rob Fishman, an experienced executive who has utilized data-driven metrics to lead acquisitions, turnarounds, transformations, and organizational restructuring. He also is active on multiple corporate boards and is recognized for his expertise in business analytics across multiple corporate functional areas.
Winston McKellar, a seasoned investment banker and senior executive with both private and public companies. He has invested in numerous early-stage companies, and sits on multiple corporate advisory boards.
“Lendaily has been fortunate to attract a talented, success-driven group with a wealth of experience to the advisory board,” noted Pryor. “We expect to leverage their ideas, expertise and contacts to quickly deliver unique solutions that address critical merchant needs.”
Lendaily is a merchant-centric facilitator of consumer credit and finance solutions. Lendaily’s mission is to empower small and medium-size organizations to provide competitive financing of products and services through web-based channels. Through its solutions, Lendaily helps merchants grow and retain their customers with its revolving credit offerings that include consumer authentication and account validation, and facilitation of merchant funding ACH through a variety of applications and channels. For more information about Lendaily, please visit www.lendaily.com.
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