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Chirag Shah: Building a good team, great culture and the future of alternative finance

Estimated Read Time: 1 Minutes

JESSICA LAMBERT , 27 January, 2023

When our CEO, Chirag Shah, met with journalist Ben Lobel for lunch, the conversation turned to the future of the alternative finance industry and those cultural values that are close to Chirag’s heart.

They discussed Nucleus’ commitment to our clients long-term, and how using our multiple product offering, businesses can effectively graduate from the smaller loan products to larger amounts, or combine products to suit their exact needs.

“It’s not only about solving the problem today, it’s about solving the medium and long-term problems so the business can succeed.”

With the alternative finance market becoming saturated with over 1,000 lenders, will there be room for everyone in the future? What matters is standing out from the crowd and offering something that is both unique and truly useful to business borrowers.

“Whoever cannot achieve scale in a short period of time is going to struggle to be relevant in the market.”

Chirag discussed the personal pride he takes in building a team of top performers at Nucleus, from all different backgrounds (be it banking, tech or underwriting) and the important edge that this gives us over our competitors.

Our biggest [asset] we always say is our team. We have very experienced team, a good mix of very senior people in the risk department, and tech people. That mix helps us to analyse the business in a different way to a lot of other funders out there.

To hear more about how Chirag has built Nucleus from scratch, hired over 120 team members in under two years and see his predictions for the future of the finance industry, read the full article on growthbusiness.co.uk here.


BY JESSICA LAMBERT

1 MIN

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Acquisitions INVENTORY WHOLESALE TRADE SHOWS EXHIBITIONS CHARITY LOANS NON-PROFITS CHARITY SUSTAINABILITY GREEN LOANS EVENTS WOMEN IN BUSINESS STARTUPS FRANCHISING Business Plan HAULAGE MICROLOANS REAL ESTATE Supply Chain Health and Wellness Open Accounting Unsecured Loans Equipment Financing EXPORTS FITNESS MEET THE TEAM AI PROFESSIONAL SEVICES EDUCATION VOLUNTEERING RESEARCH COMPUTING IT CARE HOMES EXPANSION GIFTING BUSINESS STRATEGY SOCIAL MEDIA MARKETING VIDEO MARKETING CONTENT CREATION SEO ECOMMERCE Construction BRANDING Wellness Staffing HOTEL LOANS FARMING AGRICULTURE CASE STUDY PROFIT MARGINS SHORT-TERM LOANS CREDIT SCORE COMMERCIAL LOANS TERMINOLOGY BUSINESS LOANS SMALL BUSINESS PROPERTY Employment Capital Loans Bank loan alternatives Commercial loan underwriting Finance Lending Lending decision Cash flow Capital Funding Growth finance Commercial Finance Access to Capital Invisible underwriting Real-time lending Credit decision Real-time decisioning Credit decisioning Alternative business finance how to choose a business loan online business loan provider best business lender Working capital financing business credit decisioning business loan underwriting process Automated underwriting for business loans How to apply for a business loan online Faster loan approval Digital business lending How to prepare for a business loan Commercial loan requirements Small business cash flow analysis Cash flow-based lending AI-driven underwriting Real-time data Commercial lending Embedded lending partner Partner Revenue 2026 Perspective Legacy lending systems API integration in lending SME lending SME Funding Gap Artificial Intelligence Embedded Finance Interest Rates Digital Transformation SaaS Crowdfunding Collateral-Free Loans Selective Invoice Factoring SME lending solutions automated underwriting system Business lending Lending infrastructure SME lending UK Credit access Real-time credit assessment Digital lending AI underwriting SME business loans Automated underwriting AI-driven credit decisioning Credit Integration ROI real-time credit decision AI-powered underwriting SME Finance Business Growth Loans Business Funding Government Support Technology For Business Alternative Finance Seasonal Business fintech Hospitality Business Advice SME CHALLENGES BUSINESS FINANCE BUSINESS GROWTH alternative funding Fin Tech Open Banking GYM BUSINESS GYM BUSINESS LOAN CASHFLOW PROBLEMS CASH FLOW FINANCE CASHFLOW COMMERCIAL LOAN SME SME TIPS BREXIT RLS SME ADVICE coronavirus Funding solutions SME GROWTH Freelancers COST OF LIVING REGULATORY COMPLIANCE NUCLEUS UNDERWRITING DIVERSITY AND INCLUSION NACFB BROKERS CUSTOMER EXPERIENCE MENTAL HEALTH WRITING CONTENT FOR YOUR BUSINESS CONTENT CONTENT STRATEGY WORKING CAPITAL REVENUE BASED LOANS SEGMENTATION BUDGETING MEDIA IPO ARCHIVED Embedded Lending RETAIL Glossary NatWest FINANCING GROWTH BUSINESS SUCCESS HOSPITALITY BUSINESS MARKETING ON A BUDGET POPULAR DISHES BREXITBUSINESS SMES BEST ALL-ROUND EXPERIENCE OFFICE CULTURE CULTURE BUSINESS SOFTWARE BUSINESS TECHNOLOGY TIPS FOR THE FESTIVE SEASON RESTAURANT EXPERIENCE MENU RESTAURANT SME LOCATION TEAM FUNDING FOR GYM BAR BUSINESS PERFECT LOCATION SEASONALITY SALES STRATEGY RUNNING A BAR FORECASTING BEST RESTAURANT EXPERIENCE FAILING BUSINESS SEASONAL BAR LOCATION LIFELINE
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