Richard Guilbeau | CEO, Pennstar, Business Funding Expert

Richard Guilbeau | CEO, Pennstar, Business Funding Expert

  • Richard is a business funding expert.
  • He holds the position of Chief Executive Officer at Pennstar LLC.

Podcast

Overview

In this episode of “The Brand Called You,” we engage in a conversation with Richard Guilbeau, the CEO of Pennstar and a seasoned business funding expert. Join now as we delve into Richard’s entrepreneurial journey, the intricacies of securing business funding, and the unique challenges faced by blue-collar workers and real estate enthusiasts. Discover valuable insights on credit profiles, alternative financing, and the evolving landscape of business funding in today’s dynamic economic environment.

[00:40] – About Richard Guilbeau

  • Richard is a business funding expert.
  • He holds the position of Chief Executive Officer at Pennstar LLC.
  • Richard’s expertise lies in business funding.

[02:29] – What specific responsibilities and tasks do you handle in your role at Pennstar?

  • We assist individuals with both good and bad credit, strategically positioning them for success.
  • Our credit repair company cleans up profiles, making them robust for funding applications even with an 800 credit score.
  • We ensure businesses are correctly set up, navigating high-risk industries to present a professional image.
  • Leveraging connections with 14 banks, we provide funding options without extensive documentation for businesses below a certain revenue threshold.
  • Funding includes percentage credit cards or lines of credit, tailored to individual business needs.

[20:12] – How do you envision the evolution of the business financing landscape in the next few years?

  • The business financing landscape might become more stringent with stricter requirements. 
  • The banking system is also contracting, and while funding will still be available, it might become tougher to access. 
  • The evolution of technology and its impact on the financial industry play a role in shaping these changes.

RESOURCES:

Learn more about Richard Guilbeau: LinkedIn

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  • Richard is a business funding expert.
  • He holds the position of Chief Executive Officer at Pennstar LLC.
  • Richard’s expertise lies in business funding.

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