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A comment on Launch HN: Lendflow (YC W21) – Infrastructure for embedded lending services.

Re:Launch HN: Lendflow (YC W21) – Infrastructure for embedde... by ahstilde on Thursday March 04, 2021 @04:59PM (#26349008)
Is there a usecase here for marketplaces? So you could sell to a marketplace like ThredUp, and then ThredUp would offer lending to its consumer audience?

Am I understanding this correctly?

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Re:Launch HN: Lendflow (YC W21) – Infrastructure for embedde... by jon-fry on Thursday March 04, 2021 @05:04PM (#26349073)
Marketplaces are great, but the lending product would be to the businesses on the marketplace. Not the consumer side.
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Re:Launch HN: Lendflow (YC W21) – Infrastructure for embedde... by ahstilde on Thursday March 04, 2021 @05:32PM (#26349415)
Gotcha, so it'd be a product offering for the supply, not the demand.

Do you use the transaction history of the sellers to know if they're good to lend to?

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Re:Launch HN: Lendflow (YC W21) – Infrastructure for embedde... by jon-fry on Thursday March 04, 2021 @06:00PM (#26349728)
Yes, that's right.

We have an endpoint where we can generate prequal offers for a business based on the transactional data. We can also incorporate into the package we send to lenders to get business improved loan pricing.

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