What Makes a Lender a Good Fit for You?

Question

When you evaluate lenders or funding partners, what’s most important to you — speed, flexibility, or experience with your type of deal?

Trying to better understand how active investors prioritize when it comes to choosing funding sources.

Kevin Carpenter · Answer

Was unhappy with one lender ~ because their communication was so bad !

Erik Estrada · Answer

Experience is HUGE! They can be the worst communicators, slow, but as long as they have experience, this will give me a peace of mind.

There are far too many bad actors out there that will send out terms with no attention to detail. I hate wasting time..

Devin Peterson · Answer

Definitely experience and ability to be creative e and get the deal done. You are going to go through situations that you haven’t experienced. It’s critical to have the years of experiments behind the team

What Makes a Lender a Good Fit for You?

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