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Episode 233 Brian Dally from Groundfloor

Bank On It

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The Importance of Due Diligence in Venture Loans

We qualify borrowers to make sure that they don't hit any hard flags. We do a background check to find felonies for closures on them or their entity. Do the valuations in this area for this type of asset support, what the entrepreneur thinks can be achieved? You know, we have vivid, vigorous debates about that internally and with our customers. Our team is very sharp. They're good at their jobs.

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