April 26, 2017 11:44 PM ET

Diversified Financial Services

Company Overview of CAN Capital, Inc.

Company Overview

CAN Capital, Inc. is a holding company operating through its subsidiaries CAN Capital Merchant Services, Inc. (CCMS) and CAN Capital Asset Servicing, Inc. (CCAS). The company’s subsidiaries provide merchant cash advances, business loans, working capital, and alternative business finance. It uses risk models combined with daily performance data to evaluate business performance and facilitate access to capital for entrepreneurs. The company caters to small and medium-sized businesses. CAN Capital, Inc. was formerly known as Capital Access Network, Inc. and changed its name to CAN Capital, Inc. in December 2013. The company was founded in 1998 and is based in New York, New York.

414 West 14th Street

3rd Floor

New York, NY 10014

United States

Founded in 1998

Phone:

877-550-4731

Key Executives for CAN Capital, Inc.

Chief Executive Officer
Chief Financial Officer
Chief Legal Officer, Chief Compliance Officer and Executive Vice President
Age: 47
Chief Risk Officer
Chief Customer Operations Officer
Compensation as of Fiscal Year 2016.

CAN Capital, Inc. Key Developments

CAN Capital, Inc. Presents at Money 20/20 Conference, Oct-25-2016 09:30 AM

CAN Capital, Inc. Presents at Money 20/20 Conference, Oct-25-2016 09:30 AM. Venue: The Venetian, Las Vegas, Nevada, United States. Speakers: Daniel DeMeo, Chief Executive Officer.

CAN Capital, Inc. Announces Official Launch of an Exclusive Funding Center

CAN Capital, Inc. has announced the official launch of an exclusive funding center that will allow small businesses access to a range of flexible funding products designed to help businesses grow. CAN Capital will serve small businesses looking for quick, hassle-free financing options that can be used to make renovations, make inventory and equipment purchases, expand marketing and advertising efforts, hire new employees, or meet other business needs. Small business owners can apply online or over the phone with pre-qualification decisions in 10 minutes or less and funds sent in as little as 2 business days following complete application and approval. Through the Entrepreneur Lending portal, CAN Capital will provide small businesses access to the following funding solutions: Term Loans are available from $2,500 up to $150,000 for a single location and up to $250,000 for multi-location businesses. These loans have a range of terms from 3 to 36 months; TrakLoans are a "cash-flow friendly" way for small businesses to access working capital. Payments are flexible and track with daily business payment card revenue. Loans are available from $2,500 up to $150,000 for a single location and up to $250,000 for multi-location businesses; and Installment Loans provide funding from $50,000 to $100,000 with 2, 3, and 4 year terms and have fixed monthly payments.

CAN Capital, Inc. Names Chris Moloney as New Chief Marketing Officer

CAN Capital, Inc. named Chris Moloney as its new Chief Marketing Officer. Moloney will lead the company's marketing initiatives, product management and continue to build the CAN Capital brand as an innovator and supporter of small businesses. He will be based in Kennesaw, Georgia and report directly to Daniel DeMeo, Chief Executive Officer. Moloney brings more than 20 years of financial services marketing experience in creating and managing large-scale programs to drive customer growth and retention with a strong focus on digital and social media. He joins CAN Capital from Gremln Social Media. Moloney served as Chief Executive Officer of Gremln and led the company's overall operations and strategy in serving its 100 financial clients. Prior to that, Moloney spent four years as Chief Marketing Officer for Wells Fargo Advisors.

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