From Broke To Boss: Multi-Million Dollar Alternative Lender Jay Avigdor of Velocity Capital

11/08/2025 18 min Temporada 1 Episodio 19

Listen "From Broke To Boss: Multi-Million Dollar Alternative Lender Jay Avigdor of Velocity Capital"

Episode Synopsis

In this episode, we sit down with Jay Avigdor, CEO of Velocity Capital Group, who reveals his incredible journey from starting with just $17 in his bank account to leading a multi-office operation that has created over 25,000 jobs.Discover:The "Need It, Don't Want It" Philosophy: Jay's profound mindset that demands success as a necessity, not just a desire, which propelled Velocity Capital Group from a spare bedroom to five offices. This is the grit institutional partners need to understand.The Crucial Role of Regulatory Scrutiny: Why Jay believes rising compliance, like California's Rosenthal Act and emerging Texas mandates, is essential for cleaning up "bad apples" and legitimizing the alternative finance space, despite short-term challenges. It weeds out the "garbage" and reinforces a structured, standard industry.AI-Powered Underwriting with Unprecedented Accuracy: Get insights into Velocity's proprietary AI that analyzes vast transactional data, from "hair color to deposit patterns," to predict deal performance with a remarkable 93% accuracy on defaults. This isn't just about speed; it's about smart, predictive risk mitigation that truly transforms funding.This is a must-listen for institutional investors and alternative lending executives seeking to understand the true drivers of success and integrity in our evolving industry.

More episodes of the podcast Beyond Banks by Cobalt Intelligence