All right, you guys. Welcome back. So in just a moment,
we're gonna go ahead and recap the funding Your Arsenal session and what that's
been about. But right now we have a very, very, very exciting guest here.
So go ahead and introduce yourself and the company that you're with. Sure.
Uh, my name is Brenda LaFave and I'm with Currents, Brenda and Monahan. Uh,
we've been around for 18 years and we do commercial debt recovery. Um,
a large part of our portfolio is in the MCA industry and alternative lending.
So, you know, we're really excited to be here.
Great to be able to come and meet with a lot of our clients, and, uh,
excited to kind of meet some new ones.
So let, let's talk a little bit. You just, you just got off your flight,
you're here, you're gonna enjoy the day so far.
What are you looking forward to the most?
Honestly, it's just putting a, a face to name. Uh, you know,
a lot of the time our work is done over the phone, over Zoom. Um,
so really getting that chance to be able to connect with people and develop that
kind of relationship. It's, uh, it's key in this business.
That's what a lot of this is all based on is relationships.
So let's talk about, I mean, there's different panels,
there's different sessions going on.
Is there anyone specific thing that you're looking at because you're, you're,
where you're at and what you do is a little bit different than your typical mca,
you know, I'm a broker, I'm a lender.
So anything specific that you're looking forward to the most? Sure.
I, I really enjoy looking at the tech side of things strangely. Um,
and that's just because a lot of the paper that we get,
a lot of it is due to fraud or, you know, maybe it's some sort of, um,
mailbox that's been listed as an address, things of that nature. Right.
So I like seeing exactly how these lenders are gonna be able to underwrite
better and really go through these documents and try and figure out exactly
what's worth it and not, um, cause that makes our job easier on our end. Right.
So it's, uh, it's always an interesting point to go listen to.
So I know right now there the industry, you know, alternative finance, mca,
it's in a really interesting transitional time period where there's a lot of
things changing very quick. What would you say is the one thing that you,
you're seeing on and off again regarding your clients, you know,
like going into debt collection, that whole aspect,
like what's been the one pattern that you would say that has kind of been a
common theme?
Man, the, the pattern that we have seen is everyone's being very,
very close to measuring at this point. Um,
their metrics are pretty much their big key point if you're not hitting the
numbers, um, you know,
even though we're just talking about relationships and making sure that those
are great, those can help your backend if maybe you're having a down month.
But really people are keeping an eye on their vendors, placing them one, two,
and three, having them constantly compete against each other.
So that's the biggest pattern we've seen recently because, you know, we're in,
uh, economic downturn, uh, more than likely. So, um, it's,
it's a matter of having that recovery and making sure that, you know,
business is being done correctly. Yeah.
So what are you looking forward to the most, uh, while you're here in New York?
I mean, you didn't do, you weren't at the pre-show obviously, but just,
you know,
anything that you're looking forward to besides meeting clients and doing the
sessions. Is there anything else that you're looking forward to the most?
Man, I, I always love a good New York bagel and pizza.
It sounds so stereotypical, but, uh, I,
I have to get it every single time I come here. Yeah.
Is there any specific spot you, you, uh, you're looking at? Oh,
No, I, I, I'm always open for suggestions to whatever you got for me, prince
Street Pizza on Prince Street. Yeah. All right. Well Brandon,
thanks so much for hanging out with us and chatting with us. Appreciate it.
I'll let you go enjoy the rest of your time here, but appreciate your,
your insight and your thoughts on collections,
cuz that's definitely something that we don't hear too much here on the red
carpet. Yeah. So. Awesome. Well, thank you so much, brother. All right.
Have a good one, man. Pleasure man. Bye.