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A comment on Launch HN: Pier (YC W23) – Stripe for Credit.

Re:Launch HN: Pier (YC W23) – Stripe for Credit by sails on Wednesday October 18, 2023 @04:18PM (#37934210)
A very real pain, especially in my experience with commercial lending.

Do you cater to more complex credit products like loans to support acquisitions? These often require servicing of multiple companies in a group. This multi-entity requirement is where my frustrations are most acute, the lenders I work with catering to this more niche market.

Edit - UK based direct lending, but I’m sure the same is relevant to some extent in the US

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Re:Launch HN: Pier (YC W23) – Stripe for Credit by jess-zhang on Wednesday October 18, 2023 @04:53PM (#37934607)
we're not as familiar with that part & UK operations. what do u mean by "multi-entity" requirement?
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Re:Launch HN: Pier (YC W23) – Stripe for Credit by sails on Thursday October 19, 2023 @03:01AM (#37939456)
Lending to a group of companies, one company owning multiple. We see this where owner wants to sell and the acquisition process then includes an additional company for various reasons.
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