Founder Of Business Credit Consultants Discusses Predatory Loan Situations Small Businesses May Find Themselves In

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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 Benzingas Future of Digital Assets Conference.

Gusmano talks about the dangerous economic options being presented to small businesses that dont 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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