Those companies that are no longer small businesses but not yet large corporations occupy what is called the "middle market." When it comes to lending to these companies, it is very relationship-driven and not exactly a tech-forward operation. So, this spells an opportunity for a fintech-centered approach to middle market lending.

My next guest on the Fintech One-on-One Podcast is Meredith Carter, the CEO of Context Business Lending. They are an asset-based lender (ABL), and you can tell they are a little different because they have trademarked the term: Consider ABL Disrupted.

In this podcast you will learn:

How Meredith became aware of Context Business Lending (CBL).
The state of the middle market asset-based lending market.
How transactions get done in this market.
The different industries they focus on.
The typical companies that come to CBL for a loan.
Range of loan terms and interest rates.
How they are bringing automation to the underwriting process.
The average length of time from initial contact to funded loan.
How they fared during the pandemic.
Why they decided to lean in and continued during that time.
The capital markets advantage of being backed by a single family office.
How they work with banks when co-funding the loans.
What they do to monitor their loan portfolio.
The scale they are at today.
Meredith's vision for CBL.

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#376: Meredith Carter of Context Business Lending