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February 12, 2016 1:06 AM 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



Key Executives for CAN Capital, Inc.

Chief Executive Officer
Chief Financial Officer
Chief Legal Officer, Chief Compliance Officer and Executive Vice President
Age: 46
Chief Risk Officer
Chief Customer Operations Officer
Compensation as of Fiscal Year 2015.

CAN Capital, Inc. Key Developments

CAN Capital Names Ritesh Gupta as Chief Customer Operations Officer

CAN Capital has named Ritesh Gupta to the newly created position of Chief Customer Operations Officer. Gupta will drive cross-company focus on the customer experience by leading sales and operations for the company's small business customers. He will be based in Kennesaw, Georgia and report directly to Daniel DeMeo, Chief Executive Officer.

CAN Capital, Inc. Presents at Deutsche Bank 2015 Technology Conference, Sep-17-2015 04:10 PM

CAN Capital, Inc. Presents at Deutsche Bank 2015 Technology Conference, Sep-17-2015 04:10 PM. Venue: The Cosmopolitan of Las Vegas, 3708 Las Vegas Blvd South, Las Vegas, NV 89109, United States. Speakers: Daniel DeMeo, Chief Executive Officer.

CAN Capital Secures $650 Million Credit Facility from Dozen Lenders

CAN Capital announced that it secured a $650 million credit facility from a dozen leading lenders. Led by Wells Fargo Capital Finance, the transaction includes new commitments from Morgan Stanley, Barclays, UBS, J.P. Morgan, SunTrust Bank and First Tennessee Bank, increased commitments from Fifth Third Bank, Regions Bank, and AloStar Bank of Commerce, and continuing commitments from CapitalSource (a division of Pacific Western Bank), and Amalgamated Bank. The company will use the funds to expand and accelerate the growth of its small business finance programs.

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