Press Release October 13, 2016
(New York, NY) October 13, 2016 – CAN Capital, Inc., the market share leader in alternative small business finance, today announced that the company will speak at and sponsor Money 20/20, the world’s largest financial services innovation event, for the fifth consecutive year.
CAN Capital’s Chief Executive Officer Daniel DeMeo will be speaking on the “Small Business Lending Roundtable: Alternate Roads to Operating Capital” panel on Tuesday, October 25th at 9:30am (PT). Alongside executives from OnDeck, Square, Funding Circle and American Express, DeMeo will discuss the alternative finance industry’s massive growth over the past year and how that has impacted the small business financial landscape. As CAN Capital’s Small Business Health Index recently revealed, 42 percent of small business owners say it’s quite or extremely challenging to gain access to working capital, highlighting the need for online lenders to fill that gap.
CAN Capital will also be the exclusive sponsor of Startup Row, where the company will work alongside more than 60 businesses to showcase technological innovation in the financial services industry.
“With more than 18 years of industry experience, CAN Capital is looking forward to connecting with industry leaders to discuss the dynamic growth the industry is experiencing and how we’re helping thousands of small businesses access the working capital they need to grow,” said Daniel DeMeo, CEO of CAN Capital. “We’re also excited to work with the businesses on Startup Row to highlight the incredible innovation taking place across the finance and technology sectors and bring together some of the brightest young thinkers in the space.”
CAN Capital will be at Booth #2728 where the company will demonstrate their new partner portal and recent product innovation. Please reach out to Andrew Johnson at ajohnson@CANCapital.com if you’d like to book a meeting.
About CAN Capital
CAN Capital, Inc., established in 1998, is the pioneer and market share leader in alternative small business finance, having provided access to over $6.5 billion in capital for 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, an Inc. 5000 fastest-growing company, makes capital available to businesses through business loans made by WebBank, member FDIC, and through CAN Capital’s subsidiaries: Merchant Cash Advances by CAN Capital Merchant Services, Inc., and business loans by CAN Capital Asset Servicing, Inc.