A liquidity crunch can be devastating for a digital lender. Here are some ways for lenders to prepare and combat these difficult times.
Prosper CEO David Kimball spoke at a conference last week stating, “Our main concern… it’s always liquidity, and I think most people in this room understand that the best way to get to liquidity is to have a lot of different options. And so I think you’ll see our toolkit expand [in 2018] versus where it is now.” Kimball also spoke about the challenges the company has had to overcome and the recent successes for the company including Prosper’s three securitizations and becoming cash flow positive. Source
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[Editor’s note: This is a guest post from Brian Weinstein, Principal, at Blue Elephant Capital Management. Blue Elephant Capital Management is a...
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