FairSquare Elevates Walt Levengood to Chief Revenue Officer Role
FairSquare's New Appointment: Walt Levengood as Chief Revenue Officer
FairSquare, a prominent name in providing technology-driven financing solutions to small businesses, has recently made headlines by announcing the appointment of Walt Levengood as its Chief Revenue Officer (CRO). This strategic move is set to enhance FairSquare's revenue generation initiatives as the company gears up for the next stage of its growth journey.
In his new role, Levengood will spearhead the enterprise revenue strategy for FairSquare, focusing on a holistic approach that encompasses direct sales, partnerships, and broker distribution channels. His extensive background in small and medium-sized business (SMB) financing makes him an ideal fit for this position, especially during a pivotal time for the company.
Previously, Levengood served as the Chief Operating Officer at SmallBusinessLoans.com, a key player within FairSquare's portfolio. During his tenure there, he significantly influenced the company's transition into a technology-enabled financing platform. He emphasized the importance of embedded lending, fostering strategic partnerships, and engaging with customers in meaningful ways that contribute to long-term relationships and repeat business.
With over 25 years of robust experience in fintech, payments, embedded finance, and SMB lending, Levengood's leadership background is characterized by a focus on scaling revenue and architecting technology-driven financial solutions. His previous positions at Nav Technologies and The Bancorp Bank have equipped him with the insight and expertise needed to navigate the complex world of SMB finance effectively.
FairSquare is committed to solidifying its role as a reliable financing partner for small businesses across the United States. Levengood’s appointment comes at an opportune moment as the company seeks to enhance its strategic partnerships and align its marketing efforts. Franck Fatras, the President of FairSquare, endorsed Levengood by stating, “Walt understands both the operational and strategic side of SMB finance at a very high level. He brings deep industry expertise, strong execution discipline, and a clear vision for how technology, partnerships, and distribution can work together to better serve small businesses.”
In this leadership role, Levengood will concentrate on driving growth through existing channels while also looking for innovative ways to expand FairSquare’s reach and influence within the marketplace. The company's ability to provide nearly $7 billion in funding to over 120,000 small businesses since its inception underlines its commitment to empowering entrepreneurs. This new direction under Levengood promises to further reinforce its strategies for sustainable growth and innovation.
About FairSquare
FairSquare is not just a fintech holding company but a vital ally for small and medium-sized businesses that often find themselves overlooked by traditional lenders. Built on a foundation of years of experience in the small business finance sector, FairSquare aims to assist owners in navigating pressing challenges such as cash flow gaps and necessary equipment investments. Their family of brands includes National Funding and NF XPRS, among others, delivering tailored financial solutions designed to foster trust and facilitate quick access to capital. FairSquare's mission transcends mere funding; it is about empowering small business owners to advance confidently into the future.