Jay, what's going on? Good, man. Good to see you, man. All right, Jay,
so we've got Jay, Jay,
introduce yourself to the people that don't know who you are.
Jay Victor, president and c e o of Velocity Capital Group.
All right, Jay, so I, I've visited you in, in New York. Yeah.
We've talked in like every other market that we do this.
So now we're in California.
Talk to me about how coming here is beneficial for your business.
I mean, first of all, it's great to see all the friendly faces, um,
but it's good to see new people in the industry and seeing it evolving,
technology evolving. Um, and then there's just a,
a new batch of people that we've never seen before. So a new batch of brokers,
a new batch of funders that haven't been able to come to the banked events or
didn't get to it yet. So now it's more of a,
an introduction to people who haven't really been introduced,
introduced in the past. So,
So talk to me. I mean, this year your business, you guys are growing.
You guys have new things coming out. Um,
how has business been this summer?
It's been crazy. It's been nuts. I mean, we initiated, you know,
some new software, which made us go nuts. Um,
I think I saw you guys interviewing them before, uh, dragging guys. Uh,
it's been spectacular. It's taken us to, I mean, two to three, four x. Um,
on top of that,
we've been able to just see a major influx of deals coming from
like, like hedge funds and, and private investors and,
and, uh, investment bankers. Uh,
they're just unable to obtain capital for their businesses right now.
So the banks aren't lending,
and this is just opening up an immense opportunity for, you know,
people in the M c A space and small business lending market that didn't
necessarily have access to deals like this before.
What's the highlight and what do you guys expect for the end of 2023?
I think it's gonna be madness. I mean, what we've been seeing,
like, I'll give you an example. Like August of last year, for example,
we did, let's just say 6 million, right? I just give you a number.
This past month we did three times that. So that's August.
That's like when people are away and they're not really,
like kids are in camp and like they're, they're still, you know, they're,
they're, they're on there, they're, they're, they're, uh,
summer vacations and things of that sort.
When you're talking going into the peak months with this type of activity,
we're talking October, November, December, when holiday season's, Thanksgiving.
You have New Year's, you have Christmas, you have Hanukah, you have,
you have all of that, right?
Black Fri all when at end of the year when they take December money for taxes,
right?
When you're seeing that type of volume happening like in a slow month,
I'm just, I'm excited to see what happens in the peak months. Really.
Awesome. Well Jay, thanks so much for joining us, brother. Appreciate it.
Likewise, man. Always good to see you. Always fly as usual. Thank you. You too,
brother. So don't discount. I definitely see you in New York. Absolutely. And,
and I like your shoes too. You take the kicks. There you go. I mean,
I have dress shoes, so, you know. I love it though. Fresh pair of ones.
Those are the ones, right? Yeah, yeah. There you go. Good. Oh, I love it.
Alright brother. See you too, man. Alright, so, hi, that's Jay from Velocity.
We've talked to Jay in the past, uh, regarding his,
his services and his company. And, you know,
you shared with us that his company's growing, his company is experiencing, uh,
an explosion like never before.
And that is what we've also been hearing from other people. Uh,
and also hearing how they're,
how coming here to California is helping their business grow and it's also
helping their business, uh, go to the next level. So that's also exciting.