00:00.660 --> 00:03.450
Oz Konar: Hey everyone, Oz Konar
here with Business Lending

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Blueprint. In today's video, I
want to talk about a recent

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article of mine that got
published by nasdaq.com. And

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we'll talk about why that is so
important for you. So in this

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video, I'm going to cover the
future of alternative lending

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industry, we're in 2021. And
we're going to take a peek at

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what will happen in the next
couple of years, and why that's

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a game changer. And I'll backup
all my claims with data, as I

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did on that article that I
published on nasdaq.com. So if

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you stay tuned until the end,
you're gonna know a lot about

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this industry. Obviously, if
you've been following my

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channel, you know that we
represent the largest network of

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business loan brokers in the
alternative lending industry, we

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have the largest and the most
results driven training

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platform. That's why I
frequently publish articles. And

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I've been coded by Entrepreneur
Magazine and Forbes magazine and

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Thrive Global. And now my full
article is published on

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nasdaq.com. So I believe this is
really, really important for you

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to understand what is
alternative lending, why it has

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been growing beyond imagination
and growing faster than some of

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the more popular investment
tools such as real estate or in

01:19.590 --> 01:22.320
a stock market and even some of
the cryptocurrencies that people

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talk about. So if you're ready,
let's just dive right into it

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and talk about this.

01:37.590 --> 01:40.920
Alright, so alternative lending
industry. So some of you might

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not even know what that means.
So let's let me just take you

01:43.500 --> 01:47.220
back to a little a history of
this industry that alternative

01:47.220 --> 01:51.120
lending has been in existence
for a long, long time. But the

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current definition kind of took
shape after the 2008 recession.

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So alternative lending is any
type of lending that's non bank

01:59.880 --> 02:03.480
lending, right. So
traditionally, when somebody a

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company needs money, they just
go through their banks, right? I

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mean, even big banks, back in
the day used to loan money to US

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governments, and that's the
tradition, like anyone needs

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money, they go through these big
banks. But that has been

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changing, especially the
unexpected turnaround of 2018

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recession led big banks to
restrict their funding criteria.

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And what's their highest risk,
they in their eyes, the highest

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risk is letting small businesses
get access to capital. So that

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created an avalanche of demand
for funding since it has been

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restricted by these large banks,
these small businesses, by small

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I'm talking about zero to five
to $10 million in revenue, your

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mom and pop businesses pretty
much, they need access to

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capital. And unlike big banks of
large corporations, their

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funding needs are not in
millions, they're not a small

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business doesn't really need 2,
3, 4, 5 million. Sometimes they

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need like 50,000 25,000
$100,000. And that gave birth to

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the boost old alternative
lending industry. And that

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industry is supported by private
investors, sometimes private

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banks, and people who have
access to capital and they want

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to earn some interest on their
money, right? That's what

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alternative lending industry is,
well, just because you have the

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investors doesn't mean that
everything is going to work

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properly, then you need brokers,
who's going to get it in front

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of the business owners and
introduce this relatively new

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form of lending. So that's been
happening since 2008, for anyone

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who's been following me for the
past couple of years, I keep

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talking about the massive
increase, exponential growth and

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the size of this industry and
exponential growth and the

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demand, right. So if you
understand a bit about supply

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and demand cycle, while when
there's demand for something,

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supply needs to come in and
supply that demand. So what's

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happening in the alternative
lending industry is demand has

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been growing crazy and crazy
increments. Currently, when I

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first started, and if you go
back and watch any of my videos

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from three, four years ago, I
said that this is a $300 billion

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industry. Fast forward today,
according to Business Insider

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article, which I'm going to be
posting all the links below this

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video. Now the demand is over $5
trillion and supply although

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money is there, then the
businesses are not informed

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enough to take advantage of
their capital, right. So

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businesses need capital, but
when you just, you know, go out

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there and talk to business
owners and ask them how they

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would get capital, how they
would get working capital loans

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and funding for their
businesses. What source would

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they go through? A lot of will
tell you that would just go to

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their banks. Unless they have
really wealthy friends and

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family who can just loan them
money right? Most people don't.

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So this is a way for business
loan brokers to capitalize on

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this and have access to
trillions of dollars of capital

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and channel it to the parties
who need it. So in this article

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that I wrote down and it was
published, on Nasdaq, one of the

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things that's mentioned,
according to Dun and Bradstreet,

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Dun and Bradstreet is the
largest data company that has

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holds all the data on small
business financing, small

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business credit, any data small
business has, is housed there.

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According to them, alternative
lending is currently not only

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supplying funding for small
businesses, over the next few

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years, even the midsize
businesses and these are

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businesses from 5 million to
$100 million in revenue, right?

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Even the midsize businesses will
need funding. So now you're not

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just funding as a business loan
broker, small amount, but Mom

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and Pop deals are 25, 50,
$100,000, you're gonna have way

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larger opportunities of funding,
you know, 2 million, 5 million

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and $10 million. And according
to another article 40% of the

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people who dealt with
alternative lending industry,

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you know, confirm that their
experience was was way better,

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they got way better results than
going through a bank, because

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that's this is currently
happening right now, right? If

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you try to go through a bank,
for whether it's for your PPP,

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or you're for government loan or
for an actual business law, the

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process is dreadful, and really,
really paying for it takes

06:34.920 --> 06:39.180
forever to get an update event
to find out what requirements

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they want for you to complete.
So you can proceed to the next

06:42.810 --> 06:46.350
step. And although and also on
top of that, the whole process

06:46.350 --> 06:49.560
takes sometimes weeks and
months, right. So we're on an

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ever changing environment right
now as technology is moving

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really, really fast. And the
traditional banking system is

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lagging behind, because it's
very tough for them to catch up

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with all of this happening right
now. It's like trying to

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navigate an aircraft carrier,
it's not really that easy to

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make your right turn, when you
see it, the industry is going in

07:10.380 --> 07:15.240
that direction. But alternative
lending is really nimble in that

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sense. And they can just move
really, really fast. That's why

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as adjusting to the needs of
people. Also we're experiencing

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a minimum of 17% growth year
over year on the alternative

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lending industry talk about
being an early implementer,

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whether you're investing into
alternative lending industry,

07:32.820 --> 07:36.360
whether you're investing in
yourself to start this business,

07:36.510 --> 07:40.860
this is the perfect time to do
that, right, because we have

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this massive demand and supplies
right here, right. So there is

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more opportunities than we can
handle right now. That's when

07:49.140 --> 07:52.800
you want to get into the market.
You don't want to get into a

07:52.800 --> 07:56.940
business when demand is here,
supplies right there. And you're

07:56.940 --> 08:00.300
trying to find a spot for
yourself. And between that mark,

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you're competing with a ton of
other people, we've seen that in

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energy field, the deregulated
energy, everyone is selling gas

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and electricity services and
Pennsylvania and Texas and all

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those places, right. We've seen
it on certain products, such as

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payrolls, such a commodity
product, and credit card

08:19.050 --> 08:22.650
processing. But lending is not
that you're in the business of

08:22.650 --> 08:26.460
providing money to other
businesses. That's why we've

08:26.460 --> 08:29.400
been seeing an explosive growth
in our community to a lot of

08:29.400 --> 08:34.530
people are seeing the value in
this because it takes a couple

08:34.530 --> 08:38.970
of things to have massive
success in life, I'm talking

08:38.970 --> 08:42.900
about the financial success. One
thing is you shouldn't be afraid

08:43.020 --> 08:46.530
of investing in yourself, that's
really, really important, which

08:46.530 --> 08:50.190
is obvious, right? Unless you
keep adding more skills to your

08:50.190 --> 08:54.960
arsenal, you're gonna fall fall
behind, and your marketable

08:54.960 --> 08:58.830
skills will be smaller and
smaller, smaller, that will be

08:58.830 --> 09:02.490
reflected on your pay rate.
That's why some of the jobs will

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not exist five to 10 years from
now. And those individuals who

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are not investing in themselves
will fall behind and the market

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is not going to reward them with
more money because there's

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really no need for their
services anymore. So investing

09:16.440 --> 09:19.950
in yourself, it goes without
saying is very fundamental,

09:19.950 --> 09:24.690
essential, it's vital to your
group, group growth. So besides

09:24.690 --> 09:27.300
that, when you invest in
yourself, you gotta, you gotta

09:27.300 --> 09:29.880
know where to invest, right?
There are a lot of things that

09:29.880 --> 09:33.150
you can invest in right now.
Like your mental energy, your

09:33.150 --> 09:36.870
financial resources, and people
have finite amount of financial

09:36.870 --> 09:39.420
resources. So that's, that's
really important, where you

09:39.420 --> 09:42.420
spend, spend, spend your money
and your time. Those are two

09:42.420 --> 09:46.260
important things, right? So if
you agree on investing in

09:46.260 --> 09:48.930
yourself, the second thing is
you got to make sure you're

09:48.930 --> 09:54.210
investing in something that has
more demand. It's been growing,

09:54.240 --> 09:57.660
you catch the growth wave, you
don't want to catch a wave when

09:57.660 --> 10:00.690
it's at the top because then it
might just come down, it might

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just flatten out, it's like
getting into the stock market at

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the top of 2008. You know,
everyone thought that it was the

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best time to get in, then it
crashed. This is the same thing

10:11.070 --> 10:14.640
you want to get into an
industry, while it is doing like

10:14.640 --> 10:17.760
a vertical, almost vertical
takeoff, that is what we're

10:17.760 --> 10:19.320
experiencing right now.

10:19.320 --> 10:23.079
So if you want to see yourself
in a position to build a seven,

10:23.140 --> 10:26.657
maybe eight figure business,
maybe less than that, I don't

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know what your goal is, right?
But let's take a bigger goal of

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building a seven and eight
figure business, you want to

10:33.934 --> 10:37.815
start doing that on an industry
that's on a growth pace, and has

10:37.876 --> 10:41.696
a very desire product, which is
money, I don't know any product

10:41.757 --> 10:45.213
that's less sexier than money,
right? That's, that's more

10:45.274 --> 10:48.791
sexier than money. And that's
the second one. So invest in

10:48.852 --> 10:52.733
yourself, invest in yourself on
an industry, on a business, that

10:52.793 --> 10:56.614
that's in the growth mode. The
third one is do not be a passive

10:56.674 --> 11:00.252
investor, meaning that, start
your own business do not just

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passively consume information
online. So listening to this

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video five times will not
improve your life unless you

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take action and be a business
owner. Okay? Even if you have a

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reliable job, and you've been
working there for 10, 15 years,

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I mean, we've seen the story
back in March 2020, right, that

11:18.444 --> 11:22.143
when the pandemic started a lot,
a lot, a lot of those secure

11:22.204 --> 11:25.782
jobs disappeared. And it could
be something else five years

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from now. So try to think in
terms of like five years.

11:29.178 --> 11:32.938
Setting yourself five year goals
and decide to be in business,

11:32.998 --> 11:36.515
whether you are you become a
business owner in alternative

11:36.576 --> 11:40.275
lending or some other thing that
you know, always plan ahead,

11:40.336 --> 11:43.914
right. So a lot of people go
with the hype, enjoying things

11:43.974 --> 11:47.431
that when it's at the top or
when it's already declining,

11:47.491 --> 11:51.069
right. So this article which
again, I'll have all the links

11:51.130 --> 11:54.526
for the reference that I made to
the resource at Dun and

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Bradstreet at Business Insider,
and other resources and article

11:58.467 --> 12:02.045
at Nasdaq, you'll be able to see
all of that below. Just go

12:02.106 --> 12:05.684
through that consume that and
make a decision to own a real

12:05.744 --> 12:09.565
business, invest in yourself and
take advantage of this whether

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you're investing your money into
alternative lending, whether you

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are starting this business as a
business loan broker, you know,

12:17.509 --> 12:21.026
get in get in the industry,
that's going to give you a 10,

12:21.086 --> 12:24.846
15 and 30x ROI, then working on
really just hypothetical gains

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on stock market and maybe
cryptocurrency and other areas

12:28.363 --> 12:31.820
that everyone is talking about,
but no one is really that

12:31.880 --> 12:35.398
informed to tell you if it is
going to go beyond a certain

12:35.458 --> 12:39.097
limit or not. With this, I can
almost guarantee you that the

12:39.157 --> 12:42.735
alternative lending industry is
going to keep growing. Why?

12:42.796 --> 12:46.131
Well, I mean, look at Canada,
United States look at the

12:46.192 --> 12:50.073
demand, not only people want the
money, they're pleased with the

12:50.133 --> 12:53.893
exchange, you're working with an
alternative lending industry,

12:53.954 --> 12:57.713
I'm looking at their lines of
products that we're training our

12:57.774 --> 13:01.473
members on. This is not like
back in the day that people only

13:01.534 --> 13:04.990
are interested and only know
about merchant cash advance,

13:05.051 --> 13:08.750
which has a very high interest
rate, right a factor rate. Now

13:08.811 --> 13:12.752
we're training our members on 10
plus different products and some

13:12.813 --> 13:16.573
of them and 0% interest for like
15 to 24 months, right. And I

13:16.633 --> 13:20.211
you know, for people in my inner
circle, I talk a lot about

13:20.272 --> 13:24.092
building businesses through OPM,
which is other people's money,

13:24.153 --> 13:27.670
building businesses on credit
that doesn't really cost you

13:27.731 --> 13:31.612
much, like think about what you
need to do to get a positive ROI

13:31.672 --> 13:35.311
on funding at 0%. Like if you
have 15 months to make two, 3%

13:35.371 --> 13:39.131
ROI on some kind of credit that
you receive at 0%, it's almost

13:39.192 --> 13:42.830
no brainer. Like you got to we
got to figure out a way to at

13:42.891 --> 13:46.529
least be make 5% on that money.
So you're on the positive. I

13:46.590 --> 13:50.107
hope this is this is making
sense, right? People don't use

13:50.168 --> 13:53.564
credit, because either they
don't trust themselves, that

13:53.624 --> 13:57.263
they're not going to make the
best use of the money they get

13:57.323 --> 14:00.841
or they don't understand it. So
I wanted to make sure that

14:00.901 --> 14:04.055
you're clear that now
alternative lending has access

14:04.115 --> 14:07.572
to a broader especially at
Business Lending Blueprint, we

14:07.632 --> 14:11.089
have the access to a broader
spectrum, of pretty much any

14:11.150 --> 14:14.667
product that would work for your
clients from 0% to really

14:14.727 --> 14:18.487
expensive ones depending on the
demand. If someone needs money

14:18.548 --> 14:21.822
tomorrow, they'll be more
expensive, someone needs, if

14:21.883 --> 14:25.582
someone is in a better situation
and they might need a longer

14:25.643 --> 14:29.342
terms and better conditions that
is all available. That's why

14:29.402 --> 14:32.920
from day one, we've been a
supporter of the entire lending

14:32.980 --> 14:36.558
industry. And I made it my
mission to train everyone in our

14:36.619 --> 14:40.136
platform on different lending
options. So when they get in

14:40.197 --> 14:43.653
front of a customer, they
contribute to that 40% feedback

14:43.714 --> 14:47.170
saying that, you know, 40% of
people are like this was an

14:47.231 --> 14:51.173
amazing experience versus a bank
loan. Right? That that number is

14:51.233 --> 14:54.629
huge, right? That's really,
really huge. That's why it's

14:54.690 --> 14:58.571
important that if you decide to
invest in yourself and join this

14:58.631 --> 15:02.270
business model, you want to work
with companies who give you

15:02.330 --> 15:06.030
direct access to the lenders
lending sources, so there are no

15:06.090 --> 15:09.850
middleman. But at the same time,
they provide you the coaching

15:09.911 --> 15:13.003
and guidance required without
taking away from your

15:13.064 --> 15:16.520
commission. Because if that's
the case, you're not really

15:16.581 --> 15:20.401
building your business, you're
working for somebody who's going

15:20.462 --> 15:24.040
to who's going to have, who's
gonna keep you under control,

15:24.101 --> 15:27.739
because they have access to the
partners and lenders and all

15:27.800 --> 15:31.014
that stuff. So build a real
business, I hope this was

15:31.074 --> 15:34.288
helpful for you to understand
the alternative lending

15:34.349 --> 15:37.745
industry, the size of it, the
direction of it, I'll keep

15:37.805 --> 15:41.626
repeating that this industry is
going to grow, my prediction is

15:41.686 --> 15:45.082
gonna go beyond 50, $60
trillion. In combination of, you

15:45.143 --> 15:48.599
know, United States and Canada
and other English speaking

15:48.660 --> 15:52.359
countries, we're seeing a lot of
movements and Australia, New

15:52.420 --> 15:56.058
Zealand, and England, UK, right?
So there's going to be more

15:56.119 --> 15:59.697
adjustment in the market place
and there's going to be more

15:59.757 --> 16:03.578
application of the alternative
lending industry. So I just want

16:03.638 --> 16:07.398
you to see the big picture with
this. I hope this was helpful.

16:07.459 --> 16:11.219
Comment below and let me know
what your thoughts are. And also

16:11.279 --> 16:14.736
if you like the content that
we're posting on our YouTube

16:14.796 --> 16:18.556
channel, as you can see, we have
hundreds of testimonials from

16:18.617 --> 16:22.498
actual students. If you want to
hear more from me on topics like

16:22.558 --> 16:26.136
this, make sure that you click
on like and subscribe to our

16:26.197 --> 16:29.714
channel so you get notified
immediately when I release new

16:29.775 --> 16:33.534
content. I'd like to see you on
the other side, take care now.

16:33.595 --> 16:34.020
Bye bye