Currently, more and more investors fear they will never see their money again. The number of shakeouts in the market continues to rise. The Grey Capital Market is particularly affected. That is why we are talking today with a senior expert about the proper management of operational and financial crisis situations in which it is no longer possible for a Non-Bank Digital Lender (NBDL) to continue operating. Here the back-up servicer steps in. They secure the loan portfolio and keep business operations running. If this process is set up neatly from the outset, everyone benefits: the borrowers, the investors, and even the market due to the stabilizing effect. However, we will also talk about what happens when things go haywire because there is no back-up servicer. Put on some dirty clothes - it's going to get messy! Speakers: Dr. Clifford Tjiok, CCO @ LOANCOS Host: Constantin Fabricius, Managing Director @ Digital Lending Association Please note: The content of this podcast is expressly not to be considered investment advice, but is intended solely for your information. Subscribe to stay updated on new episodes! Follow us on LinkedIn: [https://de.linkedin.com/company/digital-lending-association](https://de.linkedin.com/company/digital-lending-association) Digital Lending Summit 2025: [https://www.finfellas.com/frankfurt-2025](https://www.finfellas.com/frankfurt-2025)