JF3371: Nelson Chu - A New Era in Private Credit: Revolutionizing Real Estate and Beyond

<p>Ash Patel interviews Nelson Chu, founder and CEO of Percent, a credit marketplace. Chu discusses how Percent, started in 2018, fills gaps left by banks post-financial crisis, offering private credit lending, including in real estate. He explains how Percent caters to non-bank lenders needing to raise money and highlights the increasing demand for private credit due to banking regulations and changes.</p> <h2>Nelson Chu | Real Estate Background</h2> <ul> <li>Founder and CEO of Percent</li> <li>Based in: New York City, New York</li> <li>Say hi to him at:  <ul> <li><a href="https://www.linkedin.com/in/nelson-chu/" target= "_blank" rel="noopener">LinkedIn</a></li> <li><a href="http://www.percent.com">www.percent.com</a></li> <li><a href="https://twitter.com/nelsonchu_" target="_blank" rel= "noopener">Twitter</a></li> </ul> </li> </ul> <ul> <li>Greatest Lesson: "Previously started a company that failed; business is about timing."</li> </ul> <p> </p> <p><strong>Sponsors</strong></p> <p><a href="https://bvcapitaltx.com/bestever" target="_blank" rel= "noopener">BV Captial</a></p> <p><a href="https://capital.thebamcompanies.com/" target="_blank" rel="noopener">BAM Capital</a></p> <p><a href="https://rentecdirect.com/bestever" target="_blank" rel= "noopener">Rentec Direct</a></p>