Author: Brian Roberts

Legion Health (YC S21) Is Hiring a Founding Engineer – Austin, TX

Full-stack engineer
at Legion Health
Austin, TX

What is Legion Health?

Legion Health is tackling the biggest problem in the mental health space: the massive (and growing) lack of high-quality mental health professionals—and, the resulting lack of access to care.

Today, most telemedicine services, hospitals, and insurance companies are in dire need of mental health clinicians. Yet, thousands of these talented clinicians spend many of their days feeling unproductive; they are interrupted by administrative tasks, patient no-shows, and sub-optimal scheduling.

Legion more efficiently schedules and load-balances doctors’ and nurses’ time, allowing companies API-based access to a sizable latent supply of clinical time. This also allows doctors and nurses the flexibility to work for as many (or as few) hours as they want, maximizing their pay by matching them with the best patients for their backgrounds.

Join us in building the future of mental health.

About the role:

We’re looking for a passionate and creative founding engineer to join our team as an early member! You will work closely with the co-founders, help define the product roadmap, and have a lot of room for flexibility. You are expected to gradually take responsibility for the full engineering stack at Legion Health. You should take the initiative to improve the system at both the design and implementation levels. As Legion grows, you may also help with recruiting and managing our engineering team.

Responsibilities include:

Own end-to-end implementation of projects including initial scoping of features, design of product, architecture of the database, and development of the final deliverable
Work directly with customers to understand their needs and to inform product design decisions

Collaborate with teammates across a wide range of functions including mentoring more junior engineers
Learn new skills and technologies (as required) to solve different engineering challenges while maintaining flexibility
Uphold security requirements and maintain compliance with HIPAA security regulations.

Why you should join Legion Health:

Legion Health is expanding access to mental health care by more optimally balancing clinician time.

Our organization is still incredibly small. We (the co-founders) have been best friends since college. We treat everyone we work with as part of our family—including our contractors and interns. We love those who seek ownership, dream about possibility, and are driven towards building the future they want to see.

What we’re looking for:

– “Full-stack capable” engineer with 2+ years of experience as part of a development team
– Enjoys innovating with little direction and having the autonomy to learn and experiment.
– Data-oriented and ruthlessly measures the success of hypotheses.
– Loves building things together as a team.
– Familiar with TypeScript and Node.js
– Strong backend experience and a passion for clean code
– Capable of weighing tradeoffs between robustness and speed
– Based in (or willing to move to) Austin, TX
– Willing to consider remote in certain circumstances

Bonus:
– Experience with React, NextJS, GraphQL
– DevOps experience (AWS/Heroku/GitHub)
– Experience with API design for public APIs and platforms
– Experience in health care (or other highly regulated industries)

Legion Health is an equal opportunity employer.

Equal employment opportunity:
At Legion Health, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by applicable law. Legion Health believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.

Comments URL: https://news.ycombinator.com/item?id=30398529

Points: 1

# Comments: 0

New comment by muc2sf in "Ask HN: Who is hiring? (December 2021)"

Qualified | Senior Full-Stack/Frontend/Backend/Infrastructure Engineers, Senior Applied ML Scientist | Full-time | Remote (US/Canada) or Hybrid (San Francisco) Qualified is a conversational sales and marketing platform that provides innovative engagement tools and data-driven insights that help B2B companies effectively and intelligently connect with their buyers. We are a small engineering team within a rapidly-growing company … Continue reading New comment by muc2sf in "Ask HN: Who is hiring? (December 2021)"

Current NFL playoff picture: Packers clinch NFC North, Vikings slide into No. 7 seed

The Packers clinched their division, but can they lock up the NFC’s top seed? Will the Vikings hang on to a wild-card berth? Here is the current postseason outlook.

The post Current NFL playoff picture: Packers clinch NFC North, Vikings slide into No. 7 seed appeared first on Buy It At A Bargain – Deals And Reviews.

How to Get Merchant Cash Advance Financing for Your Business

Merchant Cash Advance Financing Can Help Your Business

Is merchant cash advance financing on your radar? If you’ve got bad personal credit, or not a lot of time in business, merchant cash advance financing could be your best bet for business financing.

Getting Business Financing

Financing for your business tends to come from one or more of the following types of sources:

  • Collateral
  • Cash flow
  • Leveraging good business and/or personal credit

Two other ways to get financing are:

  • Selling off a part of your business
  • ‘Freeish’ sources like grants and crowdfunding

With crowdfunding and grants, you’re giving up time and brainpower, rather than collateral or some form of security.

Let’s look at using forms of business collateral. This includes converting your merchant cash advances into business capital.

Using Business Assets as Collateral for Loans

Business collateral can be:

  • Merchant cash advances
  • Accounts receivable
  • Equipment that you own
  • A book of business (renewable commissions) if you’re buying an insurance agency
  • Inventory
  • Commercial real estate

Using Merchant Cash Advances as Collateral for Merchant Cash Advance Financing

Not-yet paid credit card sales authorizations are worth money! MCAs are a response to the fact that you need to wait a bit to get your money. As a result, your wait time is slashed, and you get the benefit of taking credit cards and payments in a fraction of the time.

Net 30 Terms

Net 30 means a company or person you extend credit to will have thirty days to pay the bill in full. Being able to offer your customers a month to pay you back is a real competitive advantage. It could be what sets you apart. But you’ve also set yourself up with a wait of about a month for the money. Merchant cash advance financing can help to fix all that.

How to Get Merchant Cash Advance Financing for Your Business

An MCA technically isn’t a loan (so you can’t truly call it a merchant cash advance loan). Rather, it is a cash advance based on the credit card sales of a business. A small business can apply for an MCA, and have an advance deposited into its account fairly quickly. So you can offer Net 30 terms, but not have to wait a month to get paid.

A merchant financing program is based on your cash flow as verifiable per your business bank statements—and nothing else. Hence merchant cash advance companies in general will not ask for any burdensome document requests.

How do merchant cash advances stack up against other forms of financing?

Business Credit vs. Merchant Cash Advance Financing vs. Cash Flow Financing

With MCAs, merchant cash advance lenders check your credit card sales, and with cash flow financing, they check all of your cash flow. But with business credit, providers will check your business setup, which is why we talk about fundability™ so much. And once you have a PAYDEX score, they’ll check it as well.

With business credit, starter vendors often won’t have a time in business requirement. But retail and business credit card providers tend to. Contrast this with MCAs, where you often need to be in business at least 6 months, and cash flow financing, where you often need to be in business for at least a year.

With cash flow financing, lenders want to see accounts payable and accounts receivable. Lenders want to see your bank statements if you’re trying to get an MCA. But with business credit, starter vendors want to know you will pay them back. So they will check your fundability™. This means they will want to see you have an EIN, a D-U-N-S number, all the licensing you need, etc.

Details

With cash flow financing, paying the loan back depends on future company profits. But business credit doesn’t depend on anything in particular to pay it back. It’s best practices to pay out of your business profits and/or assets. And with merchant cash advances, future payments to the business by customers is the way you’ll pay back the advance.

Get a merchant cash advance, and you won’t have to pay any interest. Your sole fee is to the lender–it’s compensation to them for advancing you the funds. This form of financing can also be interest-free, but only if you pay on time.

If you don’t pay your business credit cards and starter vendor cards on time, then interest rates will vary. In addition, better FICO scores and/or better business credit will garner you better rates. But with cash flow financing, you will be paying interest no matter what.

Your FICO score will matter more for cash flow financing and business credit. With business credit, better FICO scores will help you get better rates, and some providers may require them. Cash flow financing can often require a higher minimum FICO score than for merchant cash advances. And for MCAs, you can usually have a lower minimum FICO score.

Which Form of Business Financing is Best?

You should always be trying to build your business credit. This is so even if you’re going with a different form of business financing. For a newer business, which has been around for at least six months, MCAs can be a way to get fast cash while still offering good terms to your clientele as you build your business.

And for more time in business, if your cash flow is stable, cash flow financing can be another viable option. And there’s no reason you can’t try two of these or even all three. See what works best for your circumstances.

Merchant Cash Advance Financing: Terms and Qualifying

A lender will review 3 months of bank and merchant account statements, to look for consistent deposits. They want to see deposits showing revenue is $50,000 or higher per year. They will also verify time in business of 6 months or more.

Lenders don’t want to see a lot of Non-Sufficient-Funds (NSFs) showing on your bank statements. They don’t want to see a lot of chargebacks on your merchant statements. And they want to see more than 10 deposits in a month going into your bank account. In a nutshell, they want you to manage your bank and merchant accounts responsibly.

Lenders will want to see a decent number of consistent credit card transaction deposits each month. But what a merchant cash advance lender considers to be ‘decent’ is going to vary from lender to lender. And be aware, interest rates for merchant cash advances can be high.

Choosing a Merchant Cash Advance Financing Program

Always look at interest rates. Because MCAs don’t have federal regulation, terms can seem outrageous. Also check if your payment schedule is fixed or if it’s a percentage of credit card sales. A percentage of card sales means your payment goes down if sales falter, but of course they go up if your sales are robust.

And investigate similar programs like not just cash flow financing and business credit, but also invoice factoring, as they might be a better fit. Our Business Finance Suite has MCA providers you can check out, too!

Merchant Cash Advances and Inflation

Inflation causes price increases for goods and services. And it can also affect how you price your own goods and services. Inflation can cut into your profit margin unless you raise your prices.

How can MCAs help?

By getting use of your money faster, an MCA can help you to buy your own goods and services—and even equipment—before it gets pricier. If you’re using the cash from MCAs to pay off loans faster, then speed will help you avoid paying more in interest.

MCAs are also helpful because you get a payment even though you may have charged less. When the customer buys from you again, if you need to raise prices, you aren’t also waiting around for them to pay what they owe you.

Merchant Cash Advance Financing: Takeaways

Merchant cash advances can make it easier and more logical to give net 30 terms to your customers. You can be paid a lot faster, which eliminates the main disadvantage of offering net 30 terms. MCAs are within reach even if you have a lower FICO score. But keep in mind that interest rates can be high.

The post How to Get Merchant Cash Advance Financing for Your Business appeared first on Credit Suite.

Colts' Darius Leonard on not getting COVID-19 vaccine: 'I want to get more educated about it'

Indianapolis Colts linebacker Darius Leonard spoke to reporters on Thursday about being unvaccinated. The three-time All-Pro said not getting the COVID-19 vaccine is a “personal decision” and he believes in getting “comfortable with something” before putting it into your body.

Find Out About Equifax Reporting

Did You Want to Learn About Equifax Reporting?

It is time to learn about the business credit reporting agencies. More specifically, Equifax reporting.

But let us start with some definitions and background on business credit.

Business Credit

This is credit in the name of a business. It is not tied to the creditworthiness of its owner or owners. Instead, business credit scores depend on how well a company can pay its bills. Hence consumer and business credit scores can vary dramatically.

Business Credit Benefits

There are no demands for a personal guarantee. You can quickly get business credit regardless of personal credit quality. And there is no personal credit reporting of business accounts. Business credit utilization is not going to affect your consumer FICO score. Plus the business owner is not going to be personally liable for the debt the business incurs.

Business Credit Details

Being accepted for business credit is not automatic. Building business credit requires some work. Some of the steps are intuitive, and some of them are not.

Fundability

Fundability is the current ability of our business to get funding. Some factors are within your control. Others (like your time in business) are not. Your online presence and data are one area which is at or close to 100% with your control.

Business Credit, Fundability, and Business Funding Applications

The better your business credit and fundability are, the more likely you are going to get approval for business financing. Today, let us concentrate on Equifax reporting.

There are Three Different Credit Bureaus – But What Differentiates Equifax Reporting?

What distinguishes the three biggest credit bureaus? And can you use that information to your advantage?

There are three main credit bureaus for business: Dun & Bradstreet, Experian, and Equifax. CreditSafe and FICO SBSS are also players in this space.

In the business world Equifax and Experian are up there, but it is Dun & Bradstreet which is the major player.

Dun and Bradstreet has more than 10 times the records of the next closest reporting agency. For more details, see dnb.com/about-us/company.html. Even when talking about Equifax reporting, it makes sense to start with Dun and Bradstreet. You are going to have to start the business credit building process with them anyway.

Dun & Bradstreet

Go to Dun and Bradstreet’s website and look for your business, at dnb.com/duns-number. What happens if you can’t find it? Then get a free D-U-N-S number. You are going to always need a D-U-N-S number to start building business credit. Go here to get a D-U-N-S number: dnb.com/duns-number/get-a-duns.html.

D-U-N-S Numbers

A D-U-N-S number is how Dun and Bradstreet gets your company into their system. And a D-U-N-S number plus 3 payment experiences leads to a PAYDEX score. A payment experience is a record of a purchase from a business which reports to a credit reporting agency. In this case, Dun and Bradstreet. Once you are in Dun and Bradstreet’s system, search Equifax and Experian’s sites for your business. You can do so at creditsuite.com/reports.

Equifax Reporting

You can check out a sample of Equifax reporting at https://assets.equifax.com/assets/usis/small_business_sample_credit_report.pdf.

Keep your business protected with our professional business credit monitoring.

The company gets its data from a data sharing agreement with the Small Business Exchange, Net 30 type industry trade credit information, and from a wide variety of suppliers that provide products and services to businesses on an invoice basis.

Equifax combines financial data with industry trade credit data. They add in utility and telephone data and public record information (bankruptcies, judgments, and tax liens).

Here’s what that report says.

Company Identifying Information

The first section is devoted to identifying information about your company, namely your business name and address and telephone number. This section will also include your Equifax ID. An Equifax ID is how Equifax can tell your business from similarly-named businesses.

Credit Risk Score

The next section is about the Credit Risk Score. This score runs from 101 to 992. Higher numbers are better. This section also shows key factors.

Key factors are positives and negatives about your business, such as how old your oldest account is, and whether you have any charge-offs, and the size of your business.

Credit Utilization

The next section shows credit utilization. This is shown as a pie chart. It graphically shows which percent of your available credit line you are using. It also has identifying labels to show how much each percentage truly is. But it is only for your financial accounts.

Keep your business protected with our professional business credit monitoring.

Payment Index

The next part is your Payment Index. The score runs from 0 to 100. Higher numbers are better. It also shows Industry Median.

There is also a table explaining the numbers:

  • 90+: Paid as Agreed
  • 80-89: 1-30 days overdue
  • 60-79: 31-60 days overdue
  • 40-59: 61-90 days overdue
  • 20-39: 91-120 days overdue
  • 1-19: 120+ days overdue

Days Beyond Terms

This is a line graph. It shows the average days beyond terms by date reported. It is for non-financial accounts only. Plus it shows any recent trends, so if you’ve improved your payment habits, it will show up here.

Business Failure Score

The next piece is on your Business Failure Score. This score runs from 1000 to 1880. It shows its own key factors, like recent balance information.

Inquiries

The next section is devoted to inquiries. It shows the date, and whether it was an inquiry on a financial or non-financial account. This is a rather short part of the report.

Bureau Messages

The bureau messages part, appears to be a free form field. It seems its purpose is to add notes to a profile. These can be notes on the number of locations, or business aliases.

Bureau Summary Data

The bureau summary data section contains a wealth of information. It shows:

  • The number of financial and non-financial accounts
  • Date the credit became active
  • Number of charge offs
  • Total dollars past due
  • Most severe status in 24 months
  • Single highest credit extended
  • Total current card exposure
  • Median balance
  • Average open balance

It also shows Recent Activity, which includes:

  • The number of accounts delinquent
  • New accounts opened
  • Inquiries and
  • Accounts updated

Public Records

The public records section has information on:

  • Type Status:
    • Bankruptcy
    • Judgments
    • Whether judgments are satisfied or not
    • Liens filed and opened, or released
    • Number
    • Dollar and
    • Most recent date filed

If there are none reported, then the date field will indicate as much.

Additional Information

The final section appears to contain somewhat miscellaneous information, which probably doesn’t fit in well anywhere else. such as alternate company Names and DBAs.

It also contains:

  • Owners and Guarantor Names (name, type, date reported)
  • Business and Guarantor Comments (seems to be another free form field) and
  • Report Details (this shows the date the report was generated)

Improving Your Equifax Report

Now that you know what goes into it, you can see that some of the more important pieces of data Equifax looks into are:

  • public records
  • credit usage
  • and how you handle your financial and nonfinancial accounts

Improve your Equifax score by:

  • Clearing your debts as quickly as possible and not going delinquent
  • Keeping credit utilization within reason, as that makes it easier to pay your bills
  • And avoiding late payments

Whatever improves your Equifax report is bound to improve your reports at D&B and Experian. Paying off accounts pays dividends, as does avoiding bankruptcies.

Disputing Issues with Your Equifax Report

Equifax will not change your scores without proof. They are starting to accept more and more online disputes. Include proofs of payment with it. These are documents like receipts and cancelled checks.

Fixing credit report errors also means you specifically spell out any charges you challenge. Make your dispute as crystal clear as possible. If you need to snail mail anything in, then use certified mail so that you will have proof that you sent in your dispute. Correct Equifax issues at: equifax.com/small-business-faqs/#Dispute-FAQs. Be specific about the concerns with your report.

Monitoring Reporting

Use Equifax Complete. It currently costs $19.95 per month, after an offer of 30 days for $4.95. See equifax.com/equifax-complete/Equifax.

Monitoring Your Business Credit Scores and Reports at the Major Business CRAs

Add monitoring for all three big CRAs together for a year and it costs $468 for Dun and Bradstreet, $189 for Experian, and $224.40 for Equifax (with the special). So this is for a grand total of $881.40!

Monitoring Your Dun and Bradstreet, Experian, and Equifax Credit Scores and Reports

You can monitor your business credit at Dun and Bradstreet, Equifax, and Experian through Credit Suite, for considerable savings over what it would cost you at those different credit bureaus. And this is all in one place! Credit Suite offers monitoring through the Business Finance Suite (through Nav). See what credit issuers and lenders see so you can directly improve your scores and get the business credit and funding you need. See suitelogin.com and creditsuite.com/monitoring.

Equifax Data Breach

No blog post on Equifax reporting would be complete without at least mentioning the recent data breach. The company does seem to be better about making sure that consumers can get monitoring without having to jump through quite so many expensive hoops.

In addition, any pursuit of the company through Congress seems to have ground to a screeching halt. However, that may be due to the 2020 pandemic and election.

Will Equifax’s current and former management end up back in the hot seat again? Only time will tell.

Keep your business protected with our professional business credit monitoring.

Equifax Reporting: Takeaways

Equifax gets much of its data from the Small Business Financial Exchange.

Monitoring reports from all three of the bigger business credit reporting agencies is expensive. But you can save 90% by monitoring your Dun and Bradstreet, Experian, and Equifax scores through Credit Suite.

The post Find Out About Equifax Reporting appeared first on Credit Suite.

The post Find Out About Equifax Reporting appeared first on Buy It At A Bargain – Deals And Reviews.

New comment by canceriqskim in "Ask HN: Who is hiring? (February 2021)"

CancerIQ | Chicago, IL | Full Stack Software Engineer | Full-Time | Remote

CancerIQ Engineering is looking for curious minds that want to solve problems, write elegant code, and iterate quickly. We are a group of ambitious devs who love all things science, web, and technology.

You will architect and implement backend and frontend solutions using
Javascript, React, Ruby, Elixir, Elm, Rust
or other technologies best-suited for the goals of the CancerIQ platform (WE ARE POLYGLOT!).

You’ll be developing robust, performant services and user-friendly web clients that can enable clinicians to operate efficiently and gain new insights. You’ll practice sound fundamentals with regards to Domain Driven Design, Microservices, and Event Streaming using technologies such as Docker, Kubernetes, and Kafka. Through intuitive visuals and interfaces, you will be creating modern and appealing applications across multiple platforms for patients of all types and demographics.

You will be a leader.

We want you to lead new efforts, promote best practices, and help the rest of the team grow in their engineering abilities through mentorship and teaching.

Learn more about our company, our benefits package, and the job description here:
https://www.builtinchicago.org/job/engineer/senior-software-…
https://apply.workable.com/canceriq/j/8665ED66B3/

The post New comment by canceriqskim in “Ask HN: Who is hiring? (February 2021)” appeared first on ROI Credit Builders.