Search
 

What Gives Tech-Enabled Lenders the Advantage?

Combining the smart use of technology with in-depth knowledge of the space and stepping in where traditional lenders haven’t been able to meet increasing demand for capital puts alternative lenders ahead, Money360’s Evan Gentry tells GlobeSt.com.

Evan Gentry Gentry: “Beyond technological advancement, we see partnerships as a channel for alternative business models to continue to gain traction against more traditional players.”

LADERA RANCH, CA—Combining the smart use of technology with in-depth knowledge of the space and stepping in where traditional lenders haven’t been able to meet increasing demand for capital puts alternative lenders ahead, Money360’s CEO Evan Gentry tells GlobeSt.com. The direct lender closed more than $100 million in loans in the third quarter of 2017, bringing the company’s total loan closings to over $450 million, with a target of $600 million in transactions by year-end.

We spoke with Gentry about what tech-enabled firms like his are doing to increase their market share of CRE loans and why they have an edge over traditional lenders.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

More from this author

Recommended Stories

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.