In the early days of the online lending space, when it came to institutional capital, one name seemed to be in more deals than any other: Victory Park Capital. And while the industry has matured a great deal since then, in no small part thanks to the capital invested by Victory Park, their thesis remains the same: lend money where banks won't.
My next guest on the Fintech One-on-One podcast is Brendan Carroll, Co-Founder and Senior Partner of Victory Park. I am so pleased to finally get Brendan on the show after first inviting him many years ago. They have a great story to tell and they continue to fuel the growth of private credit, providing capital to a wide variety of different lenders.
In this podcast you will learn:
- The founding story of Victory Park Capital.
- Their fortunate timing of the closing of their first institutional fund.
- What they saw as the opportunity in the early days of the online lending space.
- Why they pulled out of the peer-to-peer lending platforms fairly quickly.
- How they are able to get comfortable investing with new lending platforms.
- What types of lenders they are working with today and the regions they operate.
- Why businesses are staying with Victory Park a bit longer today.
- Why their check sizes are higher today than five years ago.
- The niche of consumer finance they are most bullish on today.
- How the equity funding pullback has impacted their business.
- How lenders can set themselves for success and get a deal with Victory Park done.
- Brendan's views on the future of asset-back private credit.
Connect with Brendan on LinkedIn
Connect with Victory Park Capital on LinkedIn
Connect with Fintech One-on-One:
- Tweet me @PeterRenton
- Connect with me on LinkedIn
- Find previous Fintech One-on-One episodes
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