The COVID-19 Pandemic took us all by surprise. No one could have planned for it and it has brought many industries to a massive halt in business. How has the Pandemic impacted the private lending space? What will private lending look like in the months and years to come? Sharestates CEO and Co-founder Allen Shayanfekr joined other private lenders during a panel discussion hosted by American Association of Private Lenders to discuss the state of the industry.
What are Sharestates new Lending Parameters? How has Underwriting Changed for the Private Lending Company?
Allen discusses how the capital market and underwriting teams have responded to COVID-19’s impact on the private lending market.
How is Sharestates Handling the Process of Forbearance Requests? Has the Company Seen a Spike?
Allen discusses the rate of forbearance requests that Sharestates has seen following COVID-19.
When Does Sharestates Anticipate Being Able To Significantly Lend Again?
Allen discusses how the business is still lending but will begin the process of lending to a larger audience in the coming months.
What Significant Challenges Has COVID-19 Presented to Sharestates?
Allen discusses how profitability of the business still remains its core focus and how COVID-19 has impacted the process, if at all.