Approach from Lendable
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Discussion
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Hi I am interested to know if any of you good folk have had a cold call/contact (possibly via LinkedIn) from Lendable about looking to setup a partnership to underwrite loans and secure deposits to carry the loan book. The princip is that Lendable piggyback on the CU name to grant loans through their platform; secure ability to attract investment (savings) to provide the capital to advance these loans. Contact may have come from chap by name of Martin Chan. Any feedback I would be grateful. Thank you Ken
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