Part I of my interview with Lucas Timberlake, General Partner at Fintech Ventures Fund. Luke and I discussed alternative lending business models, what founders of tech-enabled specialized lending startups need to know before raising capital, and some of the red flags he sees in startups who think they have created something unique in the alternative credit space. Part II of our interview will cover related topics in more depth and how fintech lending startups can accelerate originations, deliver unique customer experiences, and more.

Howard Abrahams, Founder and President of Morewood Funding, LLC discusses how companies can access alternative source of lending and debt capital. Howard is ex-MAN Group, Perella Weinberg, and Vida Capital and spent 25 years mostly in sales roles across these alternative asset management firms. He specializes in complex situations and companies overlooked or not financeable by traditional banks and financing sources. He has developed a network of 250+ lenders, primarily finance companies and other specialized lenders who provide various types of lending solutions and debt products to borrowers. His sweet spot is $7M to $12M financings with deals up to $25M and as small as $1M.

Karus is the AI Engine for consumer auto finance. Co-Founder and CEO Aaron Travis and Co-Founder and COO Jamie Harrison join Asset Backed host/creator Andres Sandate for a discussion of the consumer auto lending space. Aaron and Jamie discuss how Karus products and solutions help consumer auto lenders achieve better financial outcomes with cutting-edge AI tools and data analytics.

Consumer auto lenders face numerous challenges including
- manual underwriting & app review
- unsophisticated loan structures & pricing
- lengthy and outdated loan origination processes
- suboptimal lending strategies & decisions
- lack of real-time portfolio performance, predictive analytics & current market pricing capabilities
- inability to manage app flow sources and more.

Aaron and Jamie discuss how their platform helps those active in the auto finance marketplace including indirect lenders, banks, credit unions, private credit firms, asset managers, and more enhance and optimize their existing consumer auto finance underwriting, decisioning, scoring, structuring, pricing, approval, forecasting, Creators & Guests

• Andres Sandate - Host
• Aaron Travis - Guest
• Jamie Harrison - Guest