Hacker News new | ask | show | jobs
by jon-fry 1936 days ago
Marketplaces are great, but the lending product would be to the businesses on the marketplace. Not the consumer side.
1 comments

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?

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.