Exclusivity Provisions: Fintechs Need an Active Backup Bank
By EsqSocial Corporation 30/04/25
Virtually every bank’s form lending program agreement we’ve negotiated for our fintech clients has come with an exclusivity provision. The bank’s policy behind them is simple: We’ve put in the time, effort, expertise and expense to build the program’s launching pad, and we should reap the whole bank benefit when the program takes off and soars....
By: Goodwin