1 00:00:00.075 --> 00:00:02.805 Welcome to the 2025 Deep Bank Connect in Miami. 2 00:00:03.145 --> 00:00:06.045 I'm now joined with Bianca Diaz with Legend Advance Funding. 3 00:00:06.195 --> 00:00:07.805 Tell me about Legend advance funding. 4 00:00:08.025 --> 00:00:09.925 Legend. I advance funding has been 5 00:00:09.925 --> 00:00:11.045 a business for about 10 years. 6 00:00:11.575 --> 00:00:14.005 We're about a BPA B paper per funder. 7 00:00:14.255 --> 00:00:16.125 We've been around, you know, for a while. 8 00:00:16.125 --> 00:00:18.005 Legend's been out there doing a lot of funding. 9 00:00:18.465 --> 00:00:21.405 We fund up to 350,000 up to 12 months. 10 00:00:21.695 --> 00:00:24.245 First to third position deals out here in Brickell, Miami. 11 00:00:24.295 --> 00:00:25.685 We're actually here, located here. 12 00:00:25.865 --> 00:00:27.525 We made it easy for you to come here. Yeah, 13 00:00:27.585 --> 00:00:30.285 No, I mean, yeah, it wasn't that easy with the traffic, 14 00:00:30.345 --> 00:00:31.685 but yeah, it's a great, it's a great time. 15 00:00:31.705 --> 00:00:33.005 You guys are doing a great job here. 16 00:00:33.235 --> 00:00:35.325 Well, we're happy to have you as a sponsor. Yes, 17 00:00:35.385 --> 00:00:36.385 Yes. Uh, we've 18 00:00:36.385 --> 00:00:38.525 sponsored before we decided to go ahead 19 00:00:38.525 --> 00:00:39.565 and try to sponsor again. 20 00:00:39.795 --> 00:00:41.725 It's a great time. You know, we've seen a lot 21 00:00:41.725 --> 00:00:44.045 of people in the industry and legend is growing, 22 00:00:44.145 --> 00:00:45.445 so it's a good time to be a sponsor 23 00:00:45.445 --> 00:00:46.445 Again. How are you growing 24 00:00:46.445 --> 00:00:46.965 this year? 25 00:00:47.265 --> 00:00:48.325 Uh, we're doing pretty well. 26 00:00:48.535 --> 00:00:50.685 We've, um, we really invested a lot of time 27 00:00:50.685 --> 00:00:53.765 and effort in our it, so we're trying to automate a lot 28 00:00:53.765 --> 00:00:55.845 of things, but do a lot of the underwriting upfront, 29 00:00:56.545 --> 00:00:59.325 not let ISOs really waste their time getting deals 30 00:00:59.345 --> 00:01:00.605 to the end and then declining it. 31 00:01:00.605 --> 00:01:02.085 So we've been really focusing on that, 32 00:01:02.525 --> 00:01:03.885 building the relationship with ISOs 33 00:01:03.885 --> 00:01:06.325 and making sure that we take their deal from A 34 00:01:06.325 --> 00:01:07.405 to Z without any issues. 35 00:01:07.945 --> 00:01:10.045 We can't have any issues. No issues. No issues. 36 00:01:10.065 --> 00:01:13.205 No, I mean, we can't, we can't, you know, month 37 00:01:13.205 --> 00:01:14.325 to day is always gonna be there. 38 00:01:14.325 --> 00:01:16.045 Right. That always becomes an issue, 39 00:01:16.065 --> 00:01:19.205 but overall, all our deals are fully underrated upfront so 40 00:01:19.205 --> 00:01:21.165 that a lot of ISOs tend to appreciate that. 41 00:01:22.065 --> 00:01:23.525 And what are you seeing going on in 42 00:01:23.525 --> 00:01:24.685 the industry for the rest of this year? 43 00:01:25.465 --> 00:01:26.765 Um, you know, I've been in the industry 44 00:01:26.765 --> 00:01:29.085 for about 15 years, so I've been doing this for a long time 45 00:01:29.465 --> 00:01:31.765 and I think the industry is at a really great time right now 46 00:01:31.775 --> 00:01:35.485 where, you know, businesses are performing, a lot of small, 47 00:01:35.485 --> 00:01:37.445 medium sized businesses are looking for money. 48 00:01:37.745 --> 00:01:40.805 So I think we're in a really great spot right now as far 49 00:01:40.805 --> 00:01:42.605 as like our rates, our terms and stuff like that. 50 00:01:42.655 --> 00:01:44.805 We're really advancing the industry more than 51 00:01:44.805 --> 00:01:46.285 what we could have expected years ago. 52 00:01:47.315 --> 00:01:48.125 What makes that happen 53 00:01:48.125 --> 00:01:49.325 today? What do you think the reason is? 54 00:01:50.185 --> 00:01:51.765 Um, I believe a lot 55 00:01:51.765 --> 00:01:54.085 of the business owners now are pretty smart. 56 00:01:54.675 --> 00:01:56.925 They understand what they're looking for, they know 57 00:01:56.925 --> 00:01:58.085 what they need the money for, 58 00:01:58.665 --> 00:02:00.605 so it's been a little bit easier in order 59 00:02:00.605 --> 00:02:02.045 to get everything that we need upfront. 60 00:02:02.465 --> 00:02:05.525 So business owners have been played a huge part in making 61 00:02:05.525 --> 00:02:06.805 this industry really successful. 62 00:02:07.065 --> 00:02:08.085 And you're helping them become 63 00:02:08.085 --> 00:02:09.605 legends in their own rights. Yes. 64 00:02:09.875 --> 00:02:11.325 There's only one legend here. 65 00:02:11.515 --> 00:02:13.205 Yeah. I love it. Well, thank you so much 66 00:02:13.205 --> 00:02:14.325 for spending some time with me 67 00:02:14.465 --> 00:02:15.885 and there's still more to come from Miami.