1 00:00:00.345 --> 00:00:00.885 Hey everyone. 2 00:00:00.885 --> 00:00:01.925 Alison Berger here. 3 00:00:01.985 --> 00:00:04.445 I'm at the B2B Finance Expo in Las Vegas. 4 00:00:04.765 --> 00:00:08.045 I am now joined with Ari. Ari enough from the LCF group. 5 00:00:08.235 --> 00:00:09.445 Tell me about LCF. 6 00:00:09.865 --> 00:00:12.885 Uh, LCF is a merchant cash advance funder, right? 7 00:00:12.905 --> 00:00:14.925 We fund, uh, small to medium sized businesses, 8 00:00:15.105 --> 00:00:18.605 and we specialize in the c and d paper niche, right? 9 00:00:18.705 --> 00:00:20.725 We fund, uh, high risk merchants, 10 00:00:20.725 --> 00:00:24.045 whether it's their industry, whether it's their credit score 11 00:00:24.045 --> 00:00:25.045 that's a little bit banged up. 12 00:00:25.345 --> 00:00:27.365 If they don't have the opportunity to go 13 00:00:27.365 --> 00:00:28.765 and get traditional financing, 14 00:00:29.295 --> 00:00:31.165 we'll offer the business capital that they need. 15 00:00:31.475 --> 00:00:33.005 What made you focus in on that niche? 16 00:00:33.465 --> 00:00:34.685 So, it wasn't my business decision. 17 00:00:34.745 --> 00:00:36.245 I'm not the CEO, but, uh, 18 00:00:36.685 --> 00:00:38.725 I guess lending a helping hand, right? 19 00:00:39.025 --> 00:00:41.365 Uh, a lot of people prefer to stick 20 00:00:41.365 --> 00:00:42.605 to something a little bit cleaner, 21 00:00:42.725 --> 00:00:44.765 a little bit more traditional, higher FICOs, 22 00:00:45.325 --> 00:00:47.085 stronger finances, uh, 23 00:00:47.225 --> 00:00:49.125 but you can't forget about the other business owners 24 00:00:49.125 --> 00:00:50.365 that America runs on, right? 25 00:00:50.425 --> 00:00:52.085 Uh, not everybody has a perfectly clean record 26 00:00:52.105 --> 00:00:53.405 and everybody deserves a second chance. 27 00:00:54.385 --> 00:00:55.485 That's very kind of you. 28 00:00:57.065 --> 00:00:58.445 So tell me about what type 29 00:00:58.445 --> 00:00:59.725 of business owners are coming to you. 30 00:01:00.225 --> 00:01:02.125 So primarily trucking 31 00:01:02.125 --> 00:01:05.085 and transportation, general contractors, uh, 32 00:01:05.085 --> 00:01:09.165 insurance companies, real estate, uh, investors, attorneys 33 00:01:09.995 --> 00:01:10.995 Wide range. 34 00:01:11.265 --> 00:01:13.725 Yes. Uh, we have no restrictions on industries. 35 00:01:13.985 --> 00:01:18.365 So a lot of, uh, funders here today, they have industries 36 00:01:18.365 --> 00:01:20.005 that they don't like to touch for whatever reason. 37 00:01:20.255 --> 00:01:21.885 Maybe it's a little bit too high risk. 38 00:01:21.885 --> 00:01:23.885 They're not too fond of their business model. 39 00:01:24.305 --> 00:01:25.405 That's not an issue for us. 40 00:01:25.715 --> 00:01:27.765 Minimal issues is why we like. 41 00:01:28.585 --> 00:01:29.925 Yes, absolutely. 42 00:01:30.185 --> 00:01:31.885 So we're almost towards the end of the year. 43 00:01:32.065 --> 00:01:33.565 How has the year been for you so far? 44 00:01:34.025 --> 00:01:36.205 Um, had it had its ups and downs, 45 00:01:36.205 --> 00:01:38.245 but for the most part we're in an upward trajectory. 46 00:01:38.535 --> 00:01:41.565 We're approaching our targets every month, um, 47 00:01:42.295 --> 00:01:43.645 surpassing and hitting our goals. 48 00:01:43.875 --> 00:01:45.285 It's been so far, so good. 49 00:01:45.705 --> 00:01:47.805 And how do you see the end of the year going 50 00:01:47.905 --> 00:01:49.485 and towards, into the new year? Well, 51 00:01:49.485 --> 00:01:50.485 I'm an optimist. 52 00:01:50.605 --> 00:01:53.245 I, uh, plus we're in Vegas. Hopefully we get lucky. 53 00:01:53.745 --> 00:01:56.165 Um, good things aren't on the horizon for sure. Absolutely. 54 00:01:56.525 --> 00:01:57.605 I see that happening for you. 55 00:01:57.905 --> 00:02:00.165 So thank you so much for spending some time with me, Ari. 56 00:02:00.165 --> 00:02:03.125 Likewise. And there's more to come from B2B Finance Expo.