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12-08-2021, 06:05 PM #14
Funders are becoming brokers, and brokers are becoming funders. The whole thing is turning into a convoluted mess in my opinion. I can respect working very closely with some of the higher risk funders that you would consider boutique. My top 3 would look different from the OP's list. But there is nothing like establishing a relationship with one of these smaller funders so you can actually trust the people your working with, and get some of those out of the box deals funded that otherwise would be declined.
But to Michael's point, that doesn't mean you stop working with the EBF's, ODC's, & Rapids of the world. Those companies are trustworthy, its the people working there you have to worry about. But you have the same opportunity to establish a relationship with your OnDeck rep, that you do with the boutique.
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