569 B
569 B
2026-05-18
Decisions
- FRE-5416: Decided on bank partnership (originator model) for Lendair lending operations. 3 candidate partners identified: Cross River Bank, Tru Online Bank, WebBank. Decision document uploaded to issue. Key drivers: speed (3-6 months vs 12-24), cost ($25K-75K vs $100K-500K+), and capital preservation for pre-revenue startup.
Status
- Lendair pre-production, multiple compliance tasks pending under FRE-5410
- Bank partnership decision unblocks next phase of legal/compliance work