Every day, Farrah Vargas wants to be better than she was the day before. “Embracing growth fosters innovation, opens up new opportunities and positions you to be a valuable asset to your organization. This growth journey is what keeps things fresh and exciting for me, and that is the ultimate goal,” Vargas says.

Vargas launched her career in factoring at Allied Affiliated Funding in the underwriting department. Over 14 years at Allied, she progressed to lead the underwriting team while also spearheading the company’s marketing and branding initiatives. This experience afforded Vargas a holistic understanding of the business, as she worked closely with various departments, notably the legal team for document negotiations and explanations and the operations team to enhance client experience and operational efficiency. “We were a dynamic shop, which provided an opportunity for me to advance my expertise in the alternative financing space dramatically,” Vargas says.

Now at Advantage Business Capital, Vargas continues to leverage her diverse experience, offering both factoring and asset-based lending solutions to small and mid-sized businesses throughout the U.S. Her journey continues to revolve around constantly learning, adapting and applying a comprehensive and curious approach to every aspect of financial services. Embracing a philosophy inspired by the Harry Truman quote, “Imperfect action is better than perfect inaction,” Vargas prioritizes finding the balance between producing top-quality work and knowing when perfectionist tendencies are slowing her down. According to Vargas, finding that balance is the key to maximizing the return on investment for her efforts and reaching the pivotal point where all involved parties win.

“My approach has always been about staying curious, seeking out the pain points to problem solve in an efficient way. I have found this mindset to be particularly useful in the alternative finance sector and really enjoy getting to help entrepreneurs at a time when they need it most,” Vargas says.