The entrepreneurial bug was in my DNA as my father was a VP of Marketing and freelance consultant for some large companies. I sold encyclopedias door-to-door at the age of 15 and once I turned 20, I had sailed all over the world as a merchant marine. I finally knew it was time to get my life on the right track after an exhilarating experience of international travel for a young man and enrolled myself in computer, marketing and sales courses in college for 2 years. By the time I was 27, after apprenticing at a few menial data processing and publishing house jobs, I answered a most unusual ad in the Toronto Star. For me, it began a journey in the Hard Knocks School of Business from the ground floor up. I wouldn’t have it any other way if I had to do it all over again.
I moved out to the beautiful West Coast city of Vancouver. Over the next several years, I was instrumental in helping the company grow from that 2nd office on the left coast of Canada into more than 45 locations across North America, spearheading the growth of their business supply division. After settling in Miami for a few years in sub-tropical, sunny South Florida; I moved back to Canada at the age of 40 to start a family and found myself semi-retired at 42 but quickly got bored.
So, I launched a new career path right after the market crash in the fall of 2008. One that introduced me the world of business and corporate funding which quickly exposed its cutthroat elements. I made a ton of mistakes and invented quite a few of my own but nothing new there as I had learned from very similar chapters in my business supply tenure as that this is where I glean my best lessons. Flying in the face of adversity. Looking back in the rearview mirror of my experiences, there is absolutely no doubt in my mind that virtually everybody grows and prospers from falling on their face, as long as they have the resilience and knowledge to learn from it and get back up! Anybody that I met born with a silver spoon in their mouth collapsed and quit after running into their first wall. They were completely and utterly ill prepared and therefore not equipped to survive the ordeal.
Now, as I turn another bend in the road of life having just turned 60, I love to empower others and especially those fortune-favors-the-bold individuals better known as businessmen, entrepreneurs, marketers and investors. Hence my choice of entering the commercial lending arena. I have not worked for anyone since the age of 28. I get the mindset of business people and entrepreneurs since that maverick, independent streak has flowed in my blood most of my life. I have endeavored taking on so many unique projects but I learned volumes from all of them, especially the abject failures. I have written a couple of books and had many articles published. You can rely on me as an ongoing advisory resource before, during and after your funding stage. Here at Mom and Pop business funding we will make a commitment to get you the money you deserve and require-where traditional lenders said no and let you down- so that YOU can take your business to its highest levels ever known and soar with the eagles.
GIVE ME A CALL AT (716) 222-8856
The Mom & Pop Team are proud to have him as one of their ISO’s!
We at Mom and Pop Funding are pleased to welcome Mike La Penna as one of our newest ISO’s. He is
originally from Montreal, Canada and currently resides in Niagara Falls, NY. He has 15 years’ experience
in the commercial lending industry as both a broker and an underwriter and is a welcome addition to
the Mom and Pop family.
He has two beautiful young daughters in university and really relishes working with business owners and
helping them procure the funding they need to grow their businesses; especially since he has been a
business owner from the ripe old age of 28.
Give Mike a call, text or email to get your questions and concerns addressed OR if you are READY TO GO,
simply click on the orange download loan application button. It takes 3-5 minutes max. to fill out and
then email it with your most recent 6 months business bank statements (every page) which are almost
always available as PDF’s under your “statements and forms” menu in your online banking suite. We
have funded over 250,000 businesses happily and successfully for 14 years with a 94% approval rate!
Mike had a choice of working with many business lenders with his experience in the industry. However,
he was especially drawn to Bret Martin and the culture fostered at Mom and Pop business funding. He
had stumbled upon Bret many years ago but was not fond of MCA funding at the time. That is, until he
encountered Bret again and learned just how much Bret and his organization care about people. The
fact that they were there to help businesses and empower them to be successful, and not cripple them
as so many companies in the industry do is what really resonated with Mike. This time he decided to
reach out to Bret and harness his wagon. The rest is history. Mike is on standby, ready to spring into
action to get you the money you deserve, so that Mom and Pop can get you that funding ASAP to put to
work bolstering YOUR business!
Mom and Pop Merchant Solutions DBA Mom and Pop Business Funding approves and funds more deals than our competitors. We will look at any type of credit and, companies that have't been in business very long. Our in-house underwriting team is more apt to approve files that other funding companies turn down.
With our own in-house under-writing team, we can get a decision faster than any other funding company, so we can fund deals quicker. Most of our files are approved the same day, and often times fund the same day, which means you get paid faster and your merchants are much happier and keep coming back for more money.
Because we perform our own in-house underwriting and funding, the business owners will get their working capital quicker. Faster funding means happier clients and repeat customers. In addition, referrals will come naturally. Because of this your business owners will gladly recommend you to fellow business owners.
$110,000 Loan
$1100/per week | Once a Week
Loan Disbursed: 1 Day
Three owners
$85,000 Loan
$69/per day | 5 Days a Week
Loan Disbursed: 2 Days
Past Bankruptcy
$250,000 Loan
$499/per day | 5 Days a Week
Loan Disbursed: 1 Day
2 Tax Liens Paid Off
$185,000 Loan
18 Month Terms | 1.29% Rate
Loan Disbursed: 11 Days
Home Based Business
9 Merchant Cash Advances
Loans Totaling $2.70 Million
Loan Disbursed: 2 Days
Mom & Pop To The Rescue
11 Locations
$490,000 Loan
Loan Disbursed: 6 Days
Mom & Pop To The Rescue
© 2022 Mom & Pop Business Funding