00:05.460 --> 00:06.990 Johny Fernandez: All right. Welcome back everyone, and right 00:06.990 --> 00:10.470 now I am with Ian Samlin from REIL Capital. Ian, thanks so 00:10.470 --> 00:13.980 much for joining us today. So far, how has your Miami 00:13.980 --> 00:14.790 experience been? 00:14.850 --> 00:16.560 Ian Samlin: It's Miami. I love it down here. 00:16.560 --> 00:18.540 Johny Fernandez: That's awesome. So Ian, let's talk business real 00:18.540 --> 00:19.020 quick, so. 00:19.020 --> 00:19.800 Ian Samlin: Let's talk business. 00:19.830 --> 00:22.440 Johny Fernandez: Let's talk about so far since January, 00:22.440 --> 00:23.670 what's business been like for you? 00:23.850 --> 00:25.590 Ian Samlin: So I'd say opening up the year is, definitely a 00:25.590 --> 00:28.830 little rough, COVID kind of hit its all time highs again, but 00:28.890 --> 00:32.280 I'd say we're back on track. You know, businesses want to be, you 00:32.280 --> 00:36.990 know, their funding is more than ever. I'd say, you know, the 00:36.990 --> 00:39.810 industry as a whole is off to a better start than where we 00:39.810 --> 00:40.320 started from. 00:40.350 --> 00:42.480 Johny Fernandez: Yeah. So let's talk about I mean, I guess what 00:42.480 --> 00:44.910 trends have you been seeing? You know, specifically, you're out 00:44.910 --> 00:47.340 in New York, kind of walk me through what trends and what 00:47.340 --> 00:50.190 you've been seeing in regards to the actual space? 00:50.549 --> 00:52.079 Ian Samlin: Yeah, I mean, there's a lot of different 00:52.079 --> 00:54.299 industries, you know, within New York, like the restaurants are 00:54.299 --> 00:57.989 all coming back, the mandate has been lifted to some degree, you 00:57.989 --> 01:00.959 don't have to wear a mask anymore. So it's good to see 01:00.959 --> 01:03.419 that people want to go out and you know, make some money. 01:03.510 --> 01:05.070 Johny Fernandez: Yeah, let's talk about REIL Capital. I mean, 01:05.070 --> 01:07.920 what do you guys focus on? Walk me through the business aspect 01:07.920 --> 01:10.110 of it what you guys do what you guys offer? 01:10.200 --> 01:13.470 Ian Samlin: So yeah, we're a broker out of midtown, family 01:13.470 --> 01:16.950 based business, love, love the family aspect of it, we really, 01:16.950 --> 01:20.070 you know, like to provide a need to anyone out there that's 01:20.070 --> 01:24.000 really looking, you know, to get help, and not just really be 01:24.210 --> 01:26.880 that one stop shop where, you know, we just collect a 01:26.880 --> 01:29.730 commission check. We want to go the extra mile be there for the 01:29.730 --> 01:32.190 you know, the rainy day, because you know what, when it is 01:32.190 --> 01:34.770 raining, the phones aren't ringing, and we want to be that 01:34.770 --> 01:37.530 guy to kind of be there, again, and walk them through it. 01:37.690 --> 01:39.430 Johny Fernandez: Let's talk about projections for the rest 01:39.430 --> 01:42.670 of 2022. What's the plan? Where what do you guys see yourself 01:42.670 --> 01:45.220 going later on this year? Kind of walk me through that. 01:45.250 --> 01:47.500 Ian Samlin: Yeah, we're actually really excited for the rest of 01:47.500 --> 01:50.230 the year, we have added a lot of things that we think are going 01:50.230 --> 01:53.770 to help us get to the next level. You know, from you know, 01:53.800 --> 01:56.860 we just recently got Salesforce. So that's a big step for us. 01:57.280 --> 02:00.700 And, you know, our numbers, we're growing in size, we just 02:00.700 --> 02:05.890 hired five people. So we're now 10 sales reps coming on our five 02:05.890 --> 02:08.590 year anniversary last week. So that was really exciting for us. 02:09.160 --> 02:11.530 Trying to potentially do a little Florida expansion, you 02:11.530 --> 02:13.720 know, talking about it, you know, how can you not being in 02:13.720 --> 02:16.900 Miami? Yeah. So yeah, things are going well. 02:16.930 --> 02:19.270 Johny Fernandez: So let's talk about the expansions to Florida. 02:19.300 --> 02:22.060 There was a panel earlier about, you know, doing business in 02:22.060 --> 02:25.180 Florida, let's talk about why you guys decided to expand to 02:25.180 --> 02:28.750 Florida and why businesses in the space should head to 02:28.750 --> 02:29.350 Florida? 02:29.650 --> 02:32.410 Ian Samlin: I wouldn't even say it's classified to Merchant Cash 02:32.410 --> 02:36.010 Advance it just knowing comes out. Yeah. That is the main 02:36.010 --> 02:39.490 reason. But there are different lending, you know, laws that 02:39.550 --> 02:42.640 potentially could be coming out. And people are a little fearful 02:42.670 --> 02:45.340 of that. So you know, Florida is the place to be. 02:45.370 --> 02:47.230 Johny Fernandez: Yeah, let's talk about your experience here 02:47.230 --> 02:51.040 at connect Miami, you've been to other deBanked event connects, 02:51.190 --> 02:54.580 connect events. So let's talk about why should people head to 02:54.580 --> 02:55.690 these type of events? 02:55.690 --> 02:57.924 Ian Samlin: Networking, you know, you meet people. It's 02:57.976 --> 03:01.317 funny, I was talking to someone, and I've actually been, I had a 03:01.369 --> 03:04.605 relationship with them for about five years, and never kind of 03:04.657 --> 03:07.789 had a face to it. So you can shake someone's hand in person, 03:07.841 --> 03:10.712 as well as there's a bunch of people trying to get your 03:10.764 --> 03:13.426 business. So from the networking, it's just a great 03:13.478 --> 03:16.505 time to kind of get away, you know get away from the grind 03:16.557 --> 03:18.750 during the day and have some fun in Miami. 03:19.020 --> 03:21.034 Johny Fernandez: So let's talk about just overall keeping that 03:21.078 --> 03:23.495 business, keeping those relationships, growing it What 03:23.540 --> 03:26.181 would you say to the new people that are struggling or just 03:26.226 --> 03:28.911 starting to do that the people that are just starting to get 03:28.956 --> 03:30.389 into the business and the space? 03:31.289 --> 03:33.691 Ian Samlin: Go for it. There's a lot of opportunities, there's 03:33.739 --> 03:36.765 always new businesses starting and everyone was always going to 03:36.813 --> 03:39.648 need capital to grow their business, expand their business, 03:39.696 --> 03:42.674 expansion, equipment, whatever you need, they're going to need 03:42.722 --> 03:45.509 it and we need you guys, you know, to give them the money. 03:45.780 --> 03:47.290 Johny Fernandez: And then overall just deBanked events in 03:47.328 --> 03:48.990 general what do you have to say about those? 03:49.350 --> 03:52.363 Unknown: I think it's great. I think the one, two times a year 03:52.420 --> 03:56.002 it's a fun opportunity. I always you know know who's going have 03:56.059 --> 03:59.243 plans the night before, the night after. It's a you know 03:59.300 --> 04:02.655 good way to kind of connect and meet people in the industry 04:02.711 --> 04:05.100 again, and you know, see some old buddies. 04:05.100 --> 04:06.990 Johny Fernandez: Yeah, awesome. All right, Sam, thanks so much 04:07.032 --> 04:08.250 for your time. Appreciate it.