Fundation Co-Founder and CEO serves on Accessing Alternative Capital Panel at US Chamber of Commerce Small Business Summit
WASHINGTON, June 17, 2014 /PRNewswire/ -- Fundation Group LLC Co-Founder and CEO Sam Graziano represented the small balance commercial lending industry on Friday, June 13th at the US Chamber of Commerce Small Business Summit in Washington, D.C.
Mr. Graziano served on a panel titled "Accessing Alternative Capital" where he discussed the competitive landscape for small businesses seeking debt capital. He highlighted the stark differences between firms that deliver a value add product designed around borrowers building a more sustainable capital structure versus those that are consuming a disproportionate amount of small businesses' cash flow.
"Alternative lending is really a misleading catch all phrase for non-bank lenders in the small business financing category," Mr. Graziano said. "Alternative lenders are stepping in to areas of small business finance to extend credit where banks cannot or will not. However, when you dig a little deeper and get beyond the blanket term, you realize that not all of these lenders are filling the void in a way that is beneficial to business owners."
Mr. Graziano is an expert in the technology-enabled lending market, having specialized in strategy and corporate finance for banks and specialty finance companies for more than a decade prior to establishing Fundation. With Mr. Graziano's leadership, Fundation has become a market leader in the online business lending market.
Fundation has separated itself from the crowded field of 'alternative lending' by offering a first of its kind direct-lending product that enables borrowers to access longer-term loans at affordable rates.
Co-Panelists included Ami Kassar, Founder and CEO of Multifunding and Gina Harman, CEO of Accion U.S. Network. The panel reviewed lending practices including SBA loans, alternative lending, and crowd funding.
The US Chamber of Commerce Small Business Summit brings together over 800 business owners and chamber executives.
For additional background on Sam Graziano or Fundation, contact Victoria Lewis at [email protected].
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SOURCE Fundation Group LLC
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