A recent article co-written by Nema Daghbandan, CEO of Lightning Docs, and Melissa Martorella, Partner of Geraci LLP, delves into the confusing terminology commonly used in the private lending industry. Private lenders often encounter various terms that can be interpreted differently, leading to confusion and miscommunication within the industry. Daghbandan and Martorella aim to clarify the meanings of these terms and provide valuable insights for private lenders seeking a better understanding of industry jargon.
Key points addressed in the article include:
– The importance of defining and understanding common terminology in the private lending sector
– Clarification on ambiguous terms that may have varying interpretations among industry professionals
– Strategies for private lenders to improve communication and avoid misunderstandings in their transactions
By shedding light on the nuances of terminology within the private lending industry, Daghbandan and Martorella offer valuable guidance for industry professionals looking to navigate this complex landscape with clarity and confidence. Their expertise and insights serve as a valuable resource for private lenders seeking to enhance their communication practices and streamline their operations.
You can read this full article at: https://geracilawfirm.com/what-is-the-difference-between-table-funding-white-labeling-wholesale-and-correspondent-lending/(subscription required)
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