Great stuff Sean. Upload some photo's of the show. Cant believe I missed this one, awesome conference.

Quote Originally Posted by sean bash View Post
Good input. I'd like to add to that since I literally just had the pleasure of speaking to both Rob Frohwein and Kathryn Petralia. I was stunned to learn that 40% of the businesses they fund are brick and mortar based. A year or two ago, that segment was only 5% of what they funded. They've also shifted away from offering a merchant cash advance product and they now offer lines of credit. That means they're not factor rate based anymore.

FICO is a very small part of their analysis so it would not be out of the ordinary to fund merchants with 500 credit scores.

Petralia is 1 of 3 featured executives in the third issue of DailyFunder in a story about human underwriting vs. automated underwriting. The other two are Rohit Arora and Noah Breslow. I think everyone will find the Q&A format of that story very interesting. It went out in the mail today to all our subscribers.