Traditional Lenders

topic on 2 shows · 3 statements across 3 episodes

the Neon Show Top Founders

3 statements about Traditional Lenders, every show

NEON SHOW Assertion Partly supported
Senpaty: Propelld's NPA rate is 1%, one-tenth of traditional lenders
“Our NPAs are at a one percent level. You, if you compare it with traditional players, it's one 10th.”
Victor Senpaty Jul 7, 2026 ▶ 2:21 Beating SBI, 1% NPAs & India's Massive Loan Gap I Victor Senpaty Co-Founder Propelld
Traditional lenders demand historical accounting while alternative lenders evaluate cash flow
“There are two main categories that lenders want right now. They're either traditional lenders, and what they want is accounting information, because the second a business says, I want money, they say, give me two years of financials, or they're an alternative …”
Keren Moynihan Dec 26, 2020 ▶ 3:51 BossInsights 2x YoY to 5 Customers Helping Lenders Capture Data
TOP FOUNDERS Assertion Supported
Porat: Alternative loan commissions run 2-5% vs under 1% for traditional banks
“For the more traditional lenders, the commission is much lower. Usually it's a half a percent or less or one percent. For the alternative lenders, it's usually closer to two to five percent.”
Sean Porat Nov 6, 2016 ▶ 10:22 EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat

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