With the democratization of capital through tech companies like Pipe and Stripe Capital, it's exciting to see enabling technologies like Finley's that will benefit the entire corporate lending ecosystem, including incumbents and new entrants.
Having worked with credit agreements before, they are several hundred pages long, so it's difficult for a human to read and extract information from a single credit agreement, let alone multiple. Companies can have multiple loans, each with their own credit agreement. On the other hand, lenders have to manage credit agreements across their entire portfolio.
Having worked with credit agreements before, they are several hundred pages long, so it's difficult for a human to read and extract information from a single credit agreement, let alone multiple. Companies can have multiple loans, each with their own credit agreement. On the other hand, lenders have to manage credit agreements across their entire portfolio.