David Gens is the President & CEO at Merchant Growth, an alternative lending provider specializing in small businesses. In this interview, we talk about important things business owners need to keep in mind when looking for business financing, things to avoid and general trends we’ve noticed in the industry.
Video Contents:
00:00 – Intro
01:25 – David’s Entrepreneurial Journey & Inspiration for Merchant Growth
03:27 – Merchant Growth’s Mission
05:04 – How Do Financing Options Work?
06:12 – Merchant Opportunities Fund
07:45 – Reasons to Take On A Business Loan
09:39 – Things to Keep In Mind when Getting A Loan
10:57 – Things to Keep In Mind For Getting Qualified
12:06 – Things to Avoid
13:51 – Changes In The Industry In The Last 5 Years
16:11 – Did Demand For Capital Go Up?
16:49 – Challenges Business Owners Experience & How to Overcome Them
17:59 – Can The Borrower Experience Be Improved?
19:24 – Trends in U.S. & Canada
20:40 – Advice For New Entrepreneurs
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To learn more about Merchant Growth, please visit the Merchant Growth profile on Smarter Loans.
Looking to learn more about business loans? If so, visit the Business Loans section.
Video by:
Amy Orr is a professional writer and editor with over 10 years of experience in the Canadian, U.S. and U.K. financial markets. She has written for numerous publications on topics as diverse as economic literacy, corporate finance, and technical analysis of numerical data. Prior to transitioning to full-time writing, she worked in the hedge fund sector. Her academic background is astrophysics, and she has a Masters in Finance from the University of Edinburgh Business School.
