Congratulations to NorthStar Business Funding, honored as the November 2026 Business of the Month by the Webster Chamber of Commerce. The business was recognized at the Chamber of Commerce’s most recent Monthly Meeting, held Friday, Oct. 30 at the Webster Golf Club.
Carlo DiPisa started NorthStar Business Funding when he saw a problem that needed solving, and decided to do something about it. He was working as a financial planner when business owners began asking him to take money out of their retirement accounts to put into their businesses. Naturally, he’d ask, “Have you talked to your bank?” And he kept hearing the same answer: “Yes, but we couldn’t qualify.”
So, Carlo started looking for other options. He found financing sources that many business owners — and sometimes their banker — weren’t familiar with. He referred a couple of clients who received funding, and he realized how valuable this could be Eventually, he sold his financial planning practice to his partner and made helping businesses find financing his focus. He’s been doing that work since 2015 and launched NorthStar in January 2020.
Today, he helps business owners find funding for things like new equipment, working capital, real estate, and expansion. But what stands out is how he approaches it. He takes time to understand the business and what the owner is trying to accomplish, then helps them work through the options.
And Carlo has learned that you can never assume everyone starts with the same knowledge, evidenced by a conversation he had with one business owner who came looking for expansion funding. Carlo asked for the usual financial documents, including a P&L.
The owner said, “What’s a P&L?” Carlo answered, “A profit and lost statement.” To which the owner said, “What’s that?”
Carlo says very little surprises him after that. But it’s also a good reminder of the role he plays, helping people understand a process they may never have been through before.
NorthStar is a one-person operation backed by Carlo’s more than 25 years of experience in business ownership, finance, and real estate. What he enjoys most is helping business owners succeed, and seeing that success contribute to our local economy. For more information about NorthStar, visit the website here or call 888-882-2248.
The Webster Chamber of Commerce Events and Honors Committee presents a Business of the Month award to one of their member businesses at each of their monthly breakfast meetings. Fewer than 3% of the members are chosen annually.
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(posted 11/9/2026)
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