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Revolutionizing Small Business Lending with Data & Technology - George Souri / Founder of LQD Business Finance

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George Souri is the Founder and CEO of LQD Business Finance, a startup providing quick, convenient, and affordable financing to small and medium-sized businesses that are traditionally underbanked. LQD is leveraging data to offer business loans in the $250,000 to $3 million range to help businesses scale faster. 

George is a serial entrepreneur, self-taught mathematician, and musician. He got his entrepreneurial start with a string of dance clubs at 18 years old before founding his own investment bank.

In This Episode You Will Learn:

  • What is alternative business lending
  • Why you should try to disprove your idea
  • How George got his start in entrepreneurship
  • The importance of viewing failure as opportunity
  • The power of small efficient actions
  • Why banks turn down good companies
  • How LQD made its first loans
  • The differences between consumer and business lending
  • The value of doing an autopsy on a business
  • The biggest red flags LQD sees when examining a business
  • Why you should be trying to find people that make you feel dumb

Selected Links From The Episode:

Books Mentioned:

Helping NBA and NFL Players Sleep More and Play Better - Jeff Kahn / Co-Founder of Rise Science

Crafting a Great Pitch, the Power of 0 & Transforming Startups in 90 Days - Troy Henikoff / Techstars & Math VP