Founder Of Business Credit Consultants Discusses Predatory Loan Situations Small Businesses May Find Themselves In
News release
by
Benzinga
Detroit, Michigan
|
November 20, 2023 01:00 PM Eastern Standard Time
By Faith Ashmore, Benzinga
Richard Gusmano, Founder of Business Credit Consultants, spoke at the panel “Sustainable Growth: Collaborative Strategies for Environmental and Economic Success” at Benzinga’s Future of Digital Assets Conference.
Gusmano talks about the dangerous economic options being presented to small businesses that don’t know any better. Oftentimes small businesses come across what looks to be loans but are advances. These advances sometimes have 30-40% interest rates, which put those businesses in financial danger.
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