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Cool, but who’s lending to you?
by mritchie712 5y ago
Cool, but who’s lending to you?
- jetblowfish 5y agoGood question. Right now we are building customer empathy feeling the challenge of starting a new lending business. The choices for us are similar to the customers we serve. Either we: 1) lend off of our balance sheet 2) sell equity of the company to power more lending 3) prove a longer track record for traditional debt providers to do a larger debt deal 4) open up a marketplace so that debt providers can use Level to invest in alternative assets that they might not otherwise have access to We're going to be exploring a collection of these techniques to see what can be a scalable source of capital for both Level and the customers we serve.