Coleman Small Business Lending Podcast
Episode 8 -- Lara Hodgson, President and CEO, NowCorp
November 16, 2015
By Bob Coleman
Editor, Main Street Monday
Main Street Monday -- Converting 100% of Accounts Receivable into Immediate Cash with a NOW Account
As a serial entrepreneur, Lara Hodgson is passionate about helping small businesses GROW FEARLESSLY!™ She has an intimate understanding of the challenges small businesses face, having launched a number of product and service companies, including Insomnia Consulting, an infrastructure development company; Dewberry Capital Corporation, a $400M private equity firm; Shaquille O’Neal’s Dunk performance footwear and apparel brand; and Nourish, a patented consumer product for children.
It was her experience at Nourish, selling to large, slow-paying retailers, that eventually led her to seek a better way to fund trade credit, resulting in NOWaccount®. To date, NOW Corp has put more than $100 million back into the hands of small businesses, in many cases enabling NOWaccount clients to double or triple revenue within the first year of service.
Lara received an MBA from The Harvard Business School and a bachelor’s degree in Aerospace Engineering with highest honors from Georgia Tech, where she was a scholarship member of the varsity track team and was named one of the top 20 students in the U.S. by USA Today. She also was selected to study in Japan with the U.S. Department of Defense, and was later named Ambassador to Lebanon for the 1996 Olympic Games.
Lara is most passionate about her role as wife and mother.