Alex Shvarts
๐ค SpeakerAppearances Over Time
Podcast Appearances
Fund, yeah.
More and more every single day.
So there's a bigger influx of capital from hedge funds.
high net worth individuals.
There's a lot of syndication that goes on in this space.
And we've had a lot of conversations with banks that want to jump into this space.
There's going to be some regulation coming out next year where banks are going to be forced to go back and start to lend out to the small businesses.
But banks are not equipped to underwrite a small bit.
They can't underwrite a pizzeria.
They don't understand how to look at bank statements like we do.
So
We're in our final stages of automation.
So let's go back a step.
How does this really work, right?
So no two businesses are alike.
You take a Burger King in New York City and you take a Burger King in Toledo.
It looks like it's a Burger King, two different operators, different costs, labor, rent, everything, right?
And you've got two different businesses.
people that run businesses and cashflow two different ways.
So you really have to go through those bank statements to really understand true sales revenue and how they operate their business, right?