Traditional lenders demand historical accounting while alternative lenders evaluate cash flow
Keren Moynihan · BossInsights 2x YoY to 5 Customers Helping Lenders Capture Data · Dec 26, 2020 · at 3:51
Boss Insights CEO Keren Moynihan breaks down data requirements between traditional and alternative lenders.
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“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 lender, and then what they want is commerce and cash flow information.”
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