What does it take for Latinx entrepreneurs to secure the funding they need to thrive? Join us on this captivating episode of Funded Podcast as we sit down with Alexandra, the dynamic CEO of Poder Capital. Alexandra takes us on a journey, recounting her personal experiences as an immigrant and the challenges she overcame to pave the way for Latinx business owners. She brings to light the oft-overlooked barriers, specifically around the bank's expectations of collateral, that hinder Latinx entrepreneurs from achieving their goals. 

Together, we analyze the systemic issues in the financial sector, discussing strategies to enhance your chances of securing funding. Building a strong relationship with your bank, understanding the nuances of lending, and leveraging support networks such as local Chambers of Commerce and the Small Business Administration are just some of the nuggets of wisdom Alexandra shares. We also take a deep dive into the disparity between the revenue of many Latinx businesses and the capital they seek, emphasizing the importance of understanding the realistic absorption of a loan. Don’t miss out on this insightful conversation that not only highlights the state of Latinx businesses in the US but also explores the impactful solutions that are reshaping the funding landscape.