Canadian Private Lenders’ Podcast

Ep. 80 | How to grow your private lending business without losing millions

Neal Andreino and Ryan MacNeil Episode 80

Do you want to scale your lending business without the risk of losing millions of dollars? This episode is for you! In it, Neal and Ryan discuss the strategic ways private lenders can grow their business sustainably and profitably without taking on undue risk. They also discuss growing a business through geographic expansion and diversification. Listen and enjoy the show!

Show notes:

02:51 - Ryan shared John Love's speech at the RHP Nova Scotia Awards Gala
05:00 - The need for some industrialization
05:51 - Slowing down the expedited growth
07:44 - Starting a business from scratch
10:22 - Growing business by geographic expansion
13:28 - Diversification of portfolio
21:19 - Building a book of repeat borrowers
22:54 - Always track your KPIs, margins, default rates, and repeat borrower ratio

Resources:

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