Before Richie, lenders paid brokers a finder's commission. 10% (sometimes even 19%) of business owner's loan went to his broker as the commission. We at Richie Lending put that finder's commission back to business owner's pocket.
How Could We Do It? Because of full automation we spend 300 times less money to process a loan than an average broker, yet do it 200 times faster. That is why we can do everything 100 times cheaper.
Richie Lending is a partner-centric organization with a robust ecosystem of creative and innovative partners. We rely on our partner community and understanding that with strong partnerships come amazing growth and great opportunities. Our disruptive market practices are reshaping the lending industry.
Due to our proprietary technology, the huge consumer demand, and low partnership investment costs, we’ve positioned ourselves and our partners the ability to offer small business owners the best lending options available through our marketplace platform.