Revolutionizing Credit Access for Small Businesses with Ruby Loans
Description
In this episode of the Business Leadership Podcast, Edwin Frondozo talks with Fred Zdan, co-founder of Ruby Loans, about revolutionizing the small business lending process with AI. Fred discusses the inefficiencies of the current lending system and how Ruby Loans aims to provide a borrower-driven digital experience.
With over 30 years in the financial services industry, Fred shares insights on transforming a paper-heavy, labor-intensive system into a streamlined and customer-friendly process. He also touches on the future impact of open banking and the importance of making loan access easier for small business owners. Recorded live at Web Summit Vancouver.
00:00 Introduction to the Business Leadership Podcast
00:52 Meet Fred Zdan and Ruby Loans
01:15 Challenges in Small Business Lending
03:23 Fred Zdan's Background and Vision
04:35 The Concept of Open Banking
06:03 How Ruby Loans is Revolutionizing Lending
12:05 The Future of Small Business Lending
17:38 Advice for Startups and Final Thoughts
United States
