Wall Street Veteran: Why Banks Won't Fund Your Business (And What To Do Instead) | Frank Scarso
From Founder's Story
"Banks are not looking to bet on small businesses." Frank Scarso spent 20 years on Wall Street before founding Avanza Capital Holdings, an alternative lending platform that funds businesses in as little as 24 hours. In this episode, he breaks down exactly why traditional banks are failing small business owners and how to navigate the world of Merchant Cash Advances (MCA) without getting trapped in a "gerbil wheel" of debt. We Cover: - The Funding Gap: Why 40% of the workforce is ignored by bi...
Mentioned in This Episode
- Judge Frank's father (person)
- small businesses (concept)
- MCA (concept)
- Avonza Capital Holdings (company)
- capital (concept)
- traditional banking (concept)
- Addiction (concept)
- The Hard Way Home (book)
- Wall Street (location)
- entrepreneurship (concept)
- Customer Service (concept)
- Private credit (concept)
- Artificial Intelligence (concept)
- AI (technology)
- jobs (concept)
- New York, New York (location)
- hedge funds (company)
- North Carolina (location)
- Florida (location)
- Mental Health Disorders (concept)