Ari Page
๐ค SpeakerAppearances Over Time
Podcast Appearances
And so we've had many customers have to use that to defend their businesses from fraudulent transactions that they thought were a legitimate company.
As opposed to having to pursue him and sue him.
Right.
So I see we work together with a lot of what we call affiliates, which is essentially different educators and teachers.
And what we've found is that entrepreneurs being able to get access to this funding moves their deals forward faster than they ever thought possible.
They thought that they were going to have to collect a whole bunch of cash first, that they weren't going to qualify for the larger loans.
But suddenly when they have cash on hand, when they are able to put skin in the game that's not based on a DSCR loan or on a mortgage or on a business line of credit, but they can actually get this easy funding that comes in really quickly, very accessible, that is just able to spur a lot of business that wouldn't be happening otherwise.
And many times the coaches have to kind of break down to the students, this is how a credit card can help you.
Most people aren't thinking in terms of credit cards.
They're thinking in terms of
traditional financing.
So that's kind of one of the things we have to break out of that mindset and that model and just think of like back in the day, it used to be that the banks would, you know, just loan 500,000 to a business fairly easy, one bank.
But now they kind of mitigate it.
They split it up and
And you might get 50,000 from one bank, 75,000, 25,000.
And so the business credit cards have brought a different form of funding.
Instead of these massive loans, they're much smaller, broken up between many institutions.
And it seems that
Over the years, this type of funding is just being pumped out more and more and more.
Right now, with the interest rates being as high as they are, mortgages and all these traditional loans have slowed down.