A look at revenue-based finance, with Pratik Sawal

It’s hard enough for consumers who earn precipitable salaries to manage unpredictable expenses, so imagine the situation for fast-growing e-commerce businesses that have unpredictable incomes and unpredictable expenses. To compensate for the perceived risk, big banks tend to take a very conservative view of repeatable earnings, hampering these businesses' ability to fund their growth.But what if loan obligations were tied to revenue instead of fixed every month? That’s a great question, and one answered by revenue-based finance. In today’s episode, Pratik Sawal teaches me about revenue-based finance and what it means to turn e-commerce data into growth-powering loans.Pratik is on LinkedIn https://www.linkedin.com/in/pratiksawal/ You can find and follow me on LinkedIn (or connect) at: www.linkedin.com/comm/mynetwork/discovery-see-all?usecase=PEOPLE_FOLLOWS&followMember=brendanlegrangeOtherwise, my action-adventure novels are on Amazon, some versions even for free, and my work with ConfirmU and our gamified psychometric scores is at https://confirmu.com/ and on episode 24 of this very show https://www.howtolendmoneytostrangers.show/episodes/episode-24If you have any feedback or questions, or if you would like to participate in the show, please feel free to reach out to me via the contact page on this site.Regards, Brendan Hosted on Acast. See acast.com/privacy for more information.