Financial services firm marks nine years of providing working capital assistance to entrepreneurs across 48 states
Staten Island, N.Y., Nov. 6, 2025 — In recognition of National Entrepreneurship Month, Avanza Capital Holdings reaffirms its dedication to supporting small business owners across the United States with essential working capital assistance. The Staten Island-based financial services firm has provided over $200 million in funding to small business owners and entrepreneurs nationwide, operating in 48 states and helping businesses reach their next stage of growth.
Supporting the Backbone of America
Founded by industry veteran Frank Scarso, who brings nearly three decades of financial markets experience, Avanza Capital has established itself as a trusted partner for small business owners navigating the challenges of growth and expansion. The firm’s unique perspective stems from being business owners themselves, giving them firsthand understanding of the financial obstacles entrepreneurs face.
“We are not only providers of working capital assistance for small business owners, we too are business owners that know the reality of this backbone community in America,” said Frank Scarso, founder of Avanza Capital. “We believe in U.S. small business and have pledged to assist good companies that have proven themselves along the way and may need a little help to get to the next stage of growth.”
Filling a Critical Gap in Small Business Financing
According to Anthony DeBenedictis, who oversees business development, Avanza Capital occupies a vital position in the financial ecosystem. “Congressional stipulations like Dodd-Frank and capital requirements make it very difficult for banks to participate, so we fill that gap,” said DeBenedictis. “We take over where banks don’t have the ability to meet the standards for businesses that are underserved. We get them what’s called action capital—money, quickly—through a very robust underwriting and risk management process that Frank oversees. Once we get a green light, Frank and his team get capital over to these businesses, sometimes within hours. We do what banks can’t do, and what the bigger players like BlackRock and Apollo don’t have a desire to.”
DeBenedictis emphasized the firm’s commitment to operational excellence and investor protection. “One of our greatest values is that we have top-tier legal oversight. We have a general counsel arm that helps us oversee all the calculations and the factoring that’s done to make sure it’s well run,” he said. “Not many platforms have that ability. We do. I think it means a lot to investors to see that we have that structure and formation.”
National Reach, Local Impact
As National Entrepreneurship Month highlights the vital role of small businesses in the American economy, Avanza Capital continues to expand its impact. The firm’s national presence enables it to support entrepreneurs from diverse industries and regions, while maintaining its roots in the Staten Island business community.
For more information about Avanza Capital, visit www.avanza.nyc.
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About Avanza Capital
Frank Scarso is a transformational financial leader helping small businesses access capital while creating opportunities for accredited investors. As CEO of Avanza Capital Holdings, he leads a platform that has funded over $250 million in merchant cash advances since inception, serving businesses that traditional banks often overlook. With nearly 30 years in financial markets, including 21 years on Wall Street, Frank combines deep industry expertise with personal resilience, having overcome addiction and rebuilt his life and career. Whether working with contractors, healthcare providers, or retail businesses, Frank ensures that hardworking entrepreneurs get the capital they need to grow, while providing investors with secured, asset-backed opportunities that generate consistent returns.
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