CAN Capital, Inc.

CAN Capital, Inc. is a financial service provider specializing in tailored funding solutions for small businesses, focusing on working capital loans, equipment financing, and ecommerce funding. Established in 1998 and headquartered in White Plains, US, CAN Capital, Inc. provides financial solutions for small business needs.

The company has successfully completed 10 deals, with their most recent being a Series C funding round in July 2017. Founded by Gary Johnson, the company has maintained its commitment to supporting small businesses through strategic financial offerings. CAN Capital, Inc. specializes in providing tailored financial solutions designed to meet the diverse needs of small businesses.

The company's core offerings include working capital loans, equipment financing, and ecommerce working capital. Working capital loans serve as short-term financing options that businesses can utilize for various operational needs, including cash flow management, inventory purchases, and growth initiatives. Equipment financing facilitates the acquisition of essential tools and machinery, ensuring that businesses are equipped to operate efficiently. Additionally, ecommerce working capital caters specifically to online sellers, providing them with fast access to funds necessary for restocking inventory and sustaining growth.

CAN Capital's products are available to small businesses across multiple geographical markets, focusing on regions with vibrant small business ecosystems, such as urban centers and emerging markets. The revenue model for CAN Capital is driven by the facilitation of financial transactions with small enterprises, structured primarily through working capital loans and equipment financing arrangements. Businesses apply for funding, and upon approval, they receive capital that is repaid over a defined period, typically through fixed installments. The pricing structure for these loans is contingent upon various factors, including the loan amount, duration, and the creditworthiness of the borrower.

For instance, a small business seeking a working capital loan may receive a sum to address immediate cash flow challenges, while an equipment financing agreement allows for the gradual payment of necessary machinery over time. This B2B financial service framework positions CAN Capital uniquely to support small business growth while generating revenue through interest and fees associated with their financial products. Following their recapitalization by Varadero Capital in July 2017, CAN Capital, Inc. aims to leverage recent funding to enhance its product offerings and expand into new markets.

The company is currently focusing on developing new financial products tailored for small businesses, with plans to launch these innovations by late 2023. Additionally, CAN Capital is targeting expansion into underserved geographical regions in the US, particularly in the Midwest and South, by 2024, aiming to broaden their customer base and support small business growth in these areas.