What’s in Store for Online Lenders

  1. They have material recurring revenue from balance sheet loans;
  2. They are prime/superprime lenders; and
  3. They are stocked with experienced operators who are veterans of the 2008 crisis, have seen some version of this story before and know where the levers are. This last characteristic — separating the men (and women) from the bros — may be the most important of all.

--

--

--

Todd H. Baker is a Senior Fellow at the Richman Center for Business, Law & Public Policy at Columbia and the Managing Principal of Broadmoor Consulting LLC

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Why Wealth is Created by Suppressing What You Could Buy Today in Order to Have More in the Future

Personal Investment Apps — A Tale of Two Strategies

Should a Christan File for Bankruptcy?

Where can i get a loan with very bad credit and no homeownership,no payday loans?

Saving Small Amounts.

5 Fresh ideas on Personal Finance.

Emergency Loans Can Help With Unemployment Due to COVID-19

Investing 101: #1 What is Investing?

A pile of coins and a growing plant

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Todd Baker

Todd Baker

Todd H. Baker is a Senior Fellow at the Richman Center for Business, Law & Public Policy at Columbia and the Managing Principal of Broadmoor Consulting LLC

More from Medium

The Role of an Interior Designer and Meeting Your Company’s Environmental Goals

We need the Internet of Health Data

FEEDBACK ON 12/16/2021 MASKING PLAN

Month 27 — It is better to be a slow tortoise than a fast hare