It's just a common practice to lend money on extended credit terms, 30 days, 60 days, or 2%

10 net 30. So there's really just a lot of opportunity because it's a common practice that's

a little bit more a lot broken.

I am branded in the range and for the last 20 or so years, I've been working in lending strategy.

I have been working in the range of money.

Across the credit life cycle with roles from upfront fraud prevention, all the way through to

collections. And in developing developing markets, I think I've delivered projects in about 15

countries spread across three continents and yet, those have always been focused on the consumer.

The only time I've come into contact with small business lending is on the very fringes,

when we've used a business owner's personal credit report to estimate the risk of their new business.

So in other words, I've only ever seen half of the picture.

Now I started to address this in episode 25 with Alec Kuhnig of Settle, where we spoke about how

they're using the data from their accounts payable software to offer working capital finance,

but they're still so much to learn. So today I'm speaking to Alex Armitage, CEO and founder of

Neckterine Credit, who are taking a slightly different approach to a related problem.

Neckterine have bolted out a marketplace that brings together borrowers and lenders in the vendor

finance arena, taking a process that used to take weeks down into one that takes maybe a few hours.

Welcome to how to learn money to strangers.

Normally, when you look at somebody's LinkedIn profile, you can see the last roll or two they've had,

and from that kind of know their story, clicking the more information button seldom has a twist in the

tail. But with your profile, clearly a serial entrepreneur and we'll talk about that. But when I

clicked the more information button, I saw you had a whole separate career earlier as a business

...