Press Release December 11, 2017
New York, NY (December 11, 2017) – CAN Capital, a small business specialty finance company, today 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.
“We’re thrilled to have Mike, Liping and Michael as part of the CAN Capital team at such a transformative time for the company,” said Parris Sanz, CEO, CAN Capital. “We’ve been growing quickly following our recent recapitalization and are investing in our future by making strategic senior hires that will serve to cement CAN Capital’s position as a go-to partner for the small businesses of today and tomorrow.”
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 highest producing sales managers.
“When smart people share the same ambition and power that ambition with the best of what technology has to offer, the results are incomparable,” said O’Brien. “That’s why I am thrilled to be back at CAN Capital as we focus on providing small businesses with quick access to working capital and ultimately helping small business owners grow their businesses.”
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.
About CAN Capital
CAN Capital, Inc., established in 1998, is the pioneer in alternative small business finance, having provided access to nearly $7 billion in capital for over 85,000 small businesses in a wide range of locations and different business types. As a technology-powered financial services provider, CAN Capital uses innovative and proprietary risk models combined with daily performance data to evaluate business performance and facilitate access to capital for entrepreneurs in a fast and efficient way.
CAN Capital, Inc. makes capital available to businesses through business loans made by WebBank, member FDIC, and through Merchant Cash Advances made by CAN Capital’s subsidiary CAN Capital Merchant Services, Inc. ©2017 CAN Capital. All rights reserved.