Does this imply you expect to fund 100% of the loan book? Or dynamically assign individual loans between Level and other debt funders?
(I spent a period as CRO of a fintech lender... As our loan book grew, much of our energy went on managing the various debt covenants. They made sense for a steady-state portfolio, but were a real impediment to profitable growth... Please do reach out if you'd like to talk further; my email is in my profile).
(I spent a period as CRO of a fintech lender... As our loan book grew, much of our energy went on managing the various debt covenants. They made sense for a steady-state portfolio, but were a real impediment to profitable growth... Please do reach out if you'd like to talk further; my email is in my profile).