Good question. Right now we are building customer empathy feeling the challenge of starting a new lending business.

The choices for us are similar to the customers we serve. Either we: 1) lend off of our balance sheet 2) sell equity of the company to power more lending 3) prove a longer track record for traditional debt providers to do a larger debt deal 4) open up a marketplace so that debt providers can use Level to invest in alternative assets that they might not otherwise have access to

We're going to be exploring a collection of these techniques to see what can be a scalable source of capital for both Level and the customers we serve.