Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Jason van den Brand

๐Ÿ‘ค Speaker
231 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

We have, we have great investors in the company.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

They believe in our vision of what mortgage is going to look like in the future.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

And they know we're working really hard towards that.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

Um, the demographic swing that's occurring in our country obviously plays in that favor.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

We don't utilize the venture capital for that.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

That's strictly for working capital.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

Okay.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

salary, so on and so forth.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

Um, we utilize a credit facility, a credit line.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

That's, um, like venture debt.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

No, no.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

Uh, we use, it's called a warehouse line of credit and it's, it's for $4 million.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

Um, I think a lot of startups go out there and say, we raised $4 million.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

We don't really look at it like that.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

Uh, maybe we should have definitely make us look bigger, but, um, no, we have a $4 million credit line.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

We can, uh, ratchet that thing up, uh,

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

to about $12 million.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

And let me explain that because it ties back to your early thing.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

We hold our loans that, that we originate through our clients, through our portal, um, on average for about six days, six to seven days.

SaaS Interviews with CEOs, Startups, Founders
$70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220

Okay.