March 24, 2018 6:17 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



Key Executives for CAN Capital, Inc.

CEO, Chief Legal Officer, Chief Compliance Officer & Executive VP
Age: 48
Chief Financial Officer
Chief Risk Officer
Chief Customer Operations Officer
Chief Technology Officer
Compensation as of Fiscal Year 2017.

CAN Capital, Inc. Key Developments

CAN Capital, Inc. Announces Executive Appointments

CAN Capital, Inc. announced three strategic hires as the company continues to invest in its technology and growth strategies. Mike Dodson, Vice President, Technology, Michael O'Brien, Director, Business Development, and Liping Deng, Director, Modeling & Analytics, have joined CAN Capital to focus on accelerating the company's expansion. Overseeing CAN Capital's technology strategy, Dodson will be responsible for leading the company's technology efforts and creating a positive user experience for all small business customers, including oversight over enterprise architecture, systems integration, digital transformation, and research and development. Dodson has more than 20 years of experience, leading multi-site business units in both information technology and operations environments that span the financial and health software and services industries. Leading sales and business development, O'Brien is rejoining the company and will be responsible for developing strategic partnerships that align CAN Capital's products with companies within the payments and professional services verticals, as well as others. O'Brien has more than eight years of experience in sales and finance, beginning his career with CAN Capital and becoming one of the company's high producing sales managers. Liping Deng will develop, enhance and manage predictive models and analytics for CAN Capital, to help assess small businesses' risk profiles during the underwriting process. Liping has more than seven years of experience in model development, statistical analytics and machine learning. Most recently she served as a Credit Risk Analytics Consultant for Wells Fargo where she developed models for credit risk management and led model monitoring efforts.

CAN Capital to Lay Off 55 Employees

CAN Capital is initiating a new round of layoffs. The company recently disclosed to state officials in Georgia that it will lay off an estimated 55 employees in Kennesaw, Ga. The staff cuts come on the heels of additional layoffs and a shake-up of the firm's executive team late last year.

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.

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Recent Private Companies Transactions

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