NEW YORK, December 4 2014 – Fundation Group LLC’s Chief Executive Officer, Sam Graziano, participated in a discussion with leading executives from the alternative lending space at yesterday’s 1st Annual KBW Bank Executive Strategy Forum. The group discussed strategies and partnerships banks and alternative lenders can pursue in order to serve a greater population of small business owners.
On the panel entitled “Partnering with Alternative Lending Platforms: A growth Study,” Mr. Graziano cleared up confusion over the term “alternative lender” by providing a clear definition. “Alternative lenders are non-bank firms that originate credit online, automate various aspects of the lending process, and use data and analytics to price and predict risk,” said Mr. Graziano. “Alternative lenders can empower banks to originate small business loans more efficiently and enable them to serve customers that currently don’t meet their risk tolerance.”
Co-panelists included Jeff Bogan of Lending Club, Mike Cagney of SoFi, Noah Breslow of OnDeck Capital, and Ron Suber of Prosper.
For additional information on Sam Graziano or Fundation, contact Victoria Lewis at email@example.com
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SOURCE Fundation Group LLC
Fundation combines the benefits of a bank loan with the ease and efficiency of an online lender. We offer conventional loans with competitive rates to businesses with varying credit profiles. Our technology allows us to deliver capital in as few as 3 business days through streamlining the collection and evaluation of customer information and conducting the majority of the lending process electronically. As a direct lender, we use our own capital to originate and hold the loans we make, so that we can focus on building relationships with our customers. Our dedicated customer relationship model enables us to understand each unique borrower’s business. This level of service, coupled with our best-in-class products, is why many of our customers come back to us repeatedly for more capital.