Your past borrowers are essential for sustainable growth. Here’s how to develop effective strategies for engaging them, enhancing their loyalty, and tapping into their potential as repeat customers. You know it as well as I do: Private lending is highly competitive. Borrowers go to the lowest bidder sometimes, trying to get the best deal possible [...]
The adoption of virtual employees in private lending offers myriad benefits, including cost savings, access to a global talent pool, enhanced versatility, and improved operational productivity. You are growing your lending business by raising capital, finding and funding good deals, and servicing both your borrowers and investors. Maybe you’re a broker, finding good deals and [...]
These guidelines will help you successfully navigate your capital options as you set up and grow your private lending business. So, you decided to become a private lender—but that’s about all you’ve decided. There are so many “flavors” of private lenders, each doing hugely different things, that you may be overwhelmed with the choices. This [...]
Raising capital can be a crucial step in growing your private lending business and expanding your lending operations. Although this is written by a lawyer, it should not be construed as legal advice. Every situation is differently nuanced, and your facts could result in different advice. Always seek competent counsel to advise you of your [...]
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