This week, Keith welcomes Nolan Reichert, the Vice President & Head of Originations at Haversine Funding. Nolan shares more about his career funding the funders in specialty finance, Nolan goes deep on Haversine’s thesis focusing on funding commercial and secured lenders, their sweet spot of $1-25 million loan sizes, and their unique underwriting process. He also shares insights on the challenges faced by small lenders in accessing capital and staying compliant with complex regulations. Additionally, Nolan highlights the importance of building strong relationships and providing value in the alternative lending industry.

Key Takeaways

[8:45] Nolan’s passion for providing capital to entrepreneurs.

[9:28] Nolan’s driving force is his son.

[10:30] What is lender or specialty finance?

[10:42] Haversine’s focus is on specialty finance lenders, mostly commercial and secured lenders.

[12:32] Why companies like Haversine are important to entrepreneurs.

[13:42] Haversine’s mission and history.

[17:25] Changes in the lending market.

[22:22] Who Haversine looks to lend to.

[25:07] Their strategy for finding customers.

[35:22] The regulatory challenges small lenders faced and the need for things to be simplified.

[36:17] What Nolan has seen change in recent years.

[40:38] What we can expect in 2025 and beyond.

Resources:
RBF Network
Keith’s Twitter

Keith’s Linkedin

Novel Capital

Nolan: Haversine Funding | LinkedIn | In Focus with Haversine Funding