Boston, MA – According to filings with the U.S. Securities and Exchange Commission, MentorWorks Education Capital is raising $5,229,894.00 in new funding. Sources indicate as part of senior management President, Karthik Krishnan played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About MentorWorks Education Capital
MentorWorks has created a holistic model for Income Share Agreements (ISAs) allowing for educational access and affordability for college and non-traditional students. We offer a mutually reinforcing fund + support hybrid model combining an ISA, which is a more flexible alternative to student debt, along with active career enhancement, and connections to employer partners, to help launch students towards a lifetime of career success through our online and asynchronous Talent Accelerator Platform (TAP). ISAs are an innovative alternative to loans. Students pay a percentage of their future income for a set period of time, up to a maximum cap, without accruing interest. Unlike a loan, students do not pay until they find a job and reach the minimum income threshold. The payments adjust according to level of the students income a true outcome-based model with downside protections! The obligation can be ended earlier by making early payments as listed in our early payment schedule. Our ISAs are capped, so students know the maximum amount they would be paying back.

To learn more about MentorWorks Education Capital, visit http://mentorworks.com/

Contact:
Karthik Krishnan, President
617-804-7439
https://www.linkedin.com/in/dr-karthik-krishnan/

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