– The lending platform’s team is shifting its approach by directly offering loans to borrowers instead of depending solely on pool delegates for capital. This move signifies a change in the platform’s strategy and aims to provide more flexibility and control over the lending process.
– By offering loans directly, the lending platform’s team can have a more hands-on approach in assessing borrowers’ creditworthiness, determining loan terms, and managing the overall lending process. This allows for greater customization and tailored solutions for borrowers.
– This shift also reduces reliance on pool delegates, who previously acted as intermediaries between borrowers and lenders. By eliminating this middleman, the lending platform can potentially streamline the lending process, reduce costs, and improve efficiency.
In summary, the lending platform’s decision to offer loans directly to borrowers marks a significant change in their approach. This shift allows for greater control, customization, and efficiency in the lending process, while reducing reliance on pool delegates.