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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 CapriciousCptl on Thursday March 04, 2021 @08:45PM (#26351387)
Very cool. I'm curious--

1. How do you vet the lenders? Anything keeping them on a leash so they don't go too hard on past-due accounts?

2. Is the financing generally recourse to the owners?

3. Who's your biggest competitor?

[ Parent | on HN ]
Re:Launch HN: Lendflow (YC W21) – Infrastructure for embedde... by jon-fry on Thursday March 04, 2021 @10:43PM (#26352345)
1. We do vet lenders. We focus on bringing on the lenders with the best service, tech and reputation. We don't bring bad actors in the space, and if they don't service the borrowers well they are removed from the platform.

2. There are both recourse and non-recourse options.

3. Stripe released a product with some similarities recently. On the marketplace side we compete with companies like Lendio and Fundera.

[ Parent | on HN ]