Merchant Processing Lending with Jorge Sun of LendingFront
For small businesses, getting access to capital can be a difficult and time-consuming process that can often end in rejection from traditional lenders. Fortunately, there are increasingly innovative lending solutions available… some which involve processors lending to their merchants.
On this episode, we explore the benefits of merchant processors offering their merchants capital access, through the lens of a company making it all happen.
Our guest is Jorge Sun, CEO of LendingFront, which facilitates small business lending by community banks, credit unions and alternative lenders. LendingFront enables lenders to separate small business lending from the traditional commercial lending process so they can lend capital in a more efficient, risk adverse manner.