Al Crawford of BHG Financial

While the fintech lending space is maturing with a number of lenders achieving significant scale today, the longevity of most platforms goes back barely more than a decade. But there is one lender today that was already seven or eight years old during the financial crisis of 2008-09. I am not saying the turbulent times we are experiencing today are equivalent to what become known as the Global Financial Crisis, but there are important lessons that can be learned from companies that survived that time.My next guest on the Fintech One-on-One Podcast is Al Crawford, the CEO and Co-Founder of BHG Financial. Al founded the company back in 2001 and has been the CEO and Chairman since that time. He has some very interesting lessons to share from running a fintech lender for more than 20 years. I interviewed Al at the recent Fintech Nexus USA event in New York City, where this session led off the Credit and Underwriting track.In this podcast you will learn:Background on the founding of BHG back in 2001.The different lending verticals they operate in today.What makes their loan funding marketplace unique.The recent volume they have seen on their marketplace.What they are learning from their borrowers today.The lessons they learned from the 2008-09 financial crisis.How their bank partners have adjusted their credit boxes.How BHG is taking advantage of the pullback in originations from other lenders.Details of the ABS deal they closed just after the SVB blowup.How BHG runs their credit team.Where their borrower demand is coming from.How their credit and fraud team helps prevent loan stacking.The keys for lenders to survive in turbulent times like we are experiencing now.Connect with Al on LinkedInConnect with BHG Financial on LinkedInConnect with Fintech One-on-One:Tweet me @PeterRentonConnect with me on LinkedInFind previous Fintech One-on-One episodes