The Business Credit and Financing Show
Podcast by Ty Crandall
Episode: 1029
Cole Harmonson: How to Build, Fund and Scale a Financial Business for Sustainable Growth
Ty Crandall Interviews Industry Leaders
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Strengthen my risk management
Cole Harmonson: How to Build, Fund and Scale a Financial Business for Sustainable Growth
Mark founded Logic Advance in 2015 with the mission of helping small and mid-sized businesses access fast, flexible working capital. Under his leadership, the company has grown into a direct business funding provider offering financing from $5,000 to $1 million, with streamlined underwriting, rapid approvals, and same-day funding for qualified businesses.
He represents a technology-enabled direct lender focused on serving the SMB market through efficient underwriting and a customer-first approach. With his background in alternative finance and experience building a modern lending platform, Mark could share valuable insights on fintech lending, access to capital for small businesses, underwriting innovation, and the evolving alternative finance landscape.
During the show we discuss:
How to scale a business without creating unnecessary complexity
Why accountability matters as teams and operations grow
How to identify and measure the activities that drive revenue
Why clear communication and consistent processes improve customer outcomes
How to identify credit risks before they threaten your business
Why customer concentration can put a business at risk
How factoring can help businesses facing cash-flow challenges
How technology can improve efficiency while keeping customers at the center
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