Changing the Game: Alternative Lenders and the Disruption Mindset episode artwork

EPISODE · Nov 9, 2021 · 30 MIN

Changing the Game: Alternative Lenders and the Disruption Mindset

from In Good Companies · host Cadence Bank

Highlights:The definition of disruption (2:42)How to enter the market as a disruptive company (4:48)How to defend your business against disruption (7:38)What banks are doing to adapt to evolving technology (12:13)What is alternative lending (15:55)What makes an alternative loan different (18:39)Where do alternative lenders get their money (21:19)The pros and cons of using an alternative lender (23:03)Conducting due diligence as a borrower (27:01)Links:Cadence Bank WebsiteCadence Bank TwitterCadence Bank LinkedInCadence Bank – Personal Loans & Lines of CreditCadence Bank – Commercial Loans Feedback:If you have questions about the show or topics you'd like discussed in future episodes, email our producer, [email protected]

Episode metadata supplied by the publisher feed · Published Nov 9, 2021

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For some entrepreneurs, there’s no blueprint for their business, because they’re reimagining their whole industry. We call these forward-thinkers “disruptors,” because their new methods can transform entire industries, leaving the traditional leaders scratching their heads, wondering how they got left in the dust. But what makes a business disruptive? And how should that disruptor expect to fare as it introduces investors and consumers to a new paradigm? Of course, most businesses out there aren’t disruptive. But whether or not you consider yourself a disruptor, there’s plenty to learn from them. With Cadence Bank’s resident disruptor, Ross Vaughan, Executive Vice President of Commercial and Industrial Lending, we’ll explore how disruptors approach consumers and utilize technology differently, and how that could be the key for your business warding off challengers. Financial institutions have dealt with plenty of disruption over the years. We’ll learn how banks like Cadence have innovated to keep pace with evolving technology. The current disruption facing the industry is the rise of alternative lending. On this episode of In Good Companies, we cover the ins and outs of alternative lending—the surprising details of how they work, what makes them different, and when one might make sense for your business. Join us as we question all our assumptions, and ask the most powerful question: “What if?"

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Changing the Game: Alternative Lenders and the Disruption Mindset

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