BY ALEXA CIGANER AND SHADI J. ENOS
While KYC has traditionally been viewed as burdensome “red
tape,” lenders that collaborate with their business development
o;cers to formulate a clear and succinct process can advertise
their e;ciencies as a market di;erentiator. To streamline the
KYC process, business development o;cers will need a digestible snapshot of the KYC basics.
WHY EVERY ASSET-BASED LENDER
SHOULD LEARN TO LOVE KYC