There has been articles in Fairfax and the AFR I believe too!
Now, I dont want to be too cynical -but how does he do it?? Are all the banks really such rip-offs and sitting idly by losing business to this startup? Is what he doing simply not factor finance which has been around for decades? If so, how is the balance sheet and how will it be if they get some defaults??
I am not a banker or even that knowledgeable about the finance industry, so I sould love some comments from those who know a bit more!!
