Financing - it’s one of the top items on every founder’s mind. Alida Pellegrino, Vice President of Credit Adjudication Canada for Scotiabank, may be able to help you demystify bank loans and lines of credit.   

Alida Pellegrino joined the Scotiabank team in June 2017 and is responsible for leading the Credit Adjudication team in credit decisions for Canada for Retail, Small Business, Indirect Mortgage, Indirect Automotive and Private Banking segments. She provides strategic direction, leadership and oversight for this group ensuring business strategies, plans and initiatives are supported in compliance with governing regulations and internal policies.

Prior to Scotiabank, Alida worked in the financial services industry and has held executive roles in Commercial Banking, Commercial Financial Restructuring, Retail & Small Business Debt Collections & Recovery, and Product Management for Small Business & Agriculture, and both Commercial and Retail Risk Management. Alida has expertise across numerous industries, is a strong relationship builder and is well known for her passion for the customer, working on solutions to meet their needs.  

She holds an MBA from the Schulich School of Business. She and her husband Fernando have two daughters, and two dogs that keep life busy and fun!

“As business owners, you are all masters of your trade. But being a master of understanding your finances is also a critical factor to long term success.”

On this week’s Startup Women Podcast, sponsored by the Business Development Bank of Canada and Scotiabank, Alida shares what factors banks consider when assessing loan applications, how to avoid overleveraging your business, and the 5 C’s of credit.

Startup Women Podcast

Startup Women Podcast E166 - Understanding Credit & Bank Loans with Alida Pellegrino

To make waves as a Canadian entrepreneur is something to be proud of. Now, imagine being the youngest investor on CBC’s Dragons Den while starting three companies before you’re 28 years old. 
“Setting big goals is the first thing. You have to not want to be a little business anymore.”Michele Romanow is the Co-Founder and President of her latest venture, Clearbanc, that makes accessing funding simple and affordable for entrepreneurs. She’s a celebrated entrepreneur who’s made WXN’s 100 Most Powerful in Canada and is listed as the only Canadian on Forbes Millennials on a Mission list. In 2017, Michele won Woman Entrepreneur of the Year Award by Startup Canada and has previously taken home the RBC Canadian Women Entrepreneur Award. She sits on multiple boards and is a director at Freshii, a fast food health store that ranks higher than McDonald’s and Subway in terms of international expansion. In this week’s #StartupPodcast, host Rivers Corbett talks to Michele about her strategy behind starting multiple high growth companies and how she’s taking Canada’s tech scene to higher places.

Startup Women Podcast E166 - Understanding Credit & Bank Loans with Alida Pellegrino

Startup Women Podcast

Related tracks