CAN Capital Becomes Exclusive Finance Partner of Entrepreneur Media Inc.
Entrepreneur Lending Launching Later This Year to Bring Small Businesses Access to Funding via CAN Capital
NEW YORK, May 2, 2016 /PRNewswire/ -- CAN Capital, Inc., the market share leader in alternative small business finance, and Entrepreneur Media, publisher of Entrepreneur magazine and Entrepreneur.com, today announced an exclusive partnership aimed at providing a streamlined solution for small business owners to access a range of funding products designed to help businesses grow. Later this year, the two companies will launch Entrepreneur Lending powered by CAN Capital, giving small business owners access to quick, hassle-free financing options for their businesses.
To celebrate the partnership and the upcoming National Small Business Week, CAN Capital is starting a "7 Days of Giveaways" contest on its Facebook page. CAN Capital will post close-up photos asking entrants to "Name that Small Business" based on the clue. Entrants can win daily prize packages valued at $450. The prize packages include a premium 6-month subscription to Bodetree.com, a 2-month premium subscription to Nav.com and a 1-year subscription to Entrepreneur Magazine.
"At Entrepreneur Media, we are committed to solving business pain points by providing relevant information and trusted solutions to current and aspiring businesses," said Ryan Shea, CEO of Entrepreneur Media "We've often asked our customers what services are most important to them and lending is always near the top of the list. We know that navigating small business financing options can be a particularly difficult and time-consuming task, therefore, we're thrilled to partner with CAN Capital to create Entrepreneur Lending. The partnership brings together two best-in-class companies dedicated to helping small businesses succeed and grow."
Through the Entrepreneur Lending portal, CAN Capital will provide small businesses access to flexible funding solutions, so qualified customers will have the option to access working capital in as little as two business days. Merchants can use funds to open new locations, increase inventory, purchase new equipment or grow in other capacities.
"CAN Capital is the original trailblazer in small business finance. We have more than 18 years of experience and have provided small businesses with access to more than $6 billion in working capital," said Daniel DeMeo, CEO of CAN Capital. "As we get ready to celebrate National Small Business Week, we are excited to work with Entrepreneur Media to continue delivering on our vision of helping small businesses grow and achieve their goals through fast access to funding."
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 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, a Utah chartered Industrial Bank, 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.
ABOUT ENTREPRENEUR MEDIA INC.
For nearly 40 years, Entrepreneur Media Inc. has been serving the entrepreneurial community providing comprehensive coverage of business and personal success through dynamic content and events. Entrepreneur magazine, Entrepreneur.com, and publishing imprint Entrepreneur Press provide solutions, information, inspiration and education read by millions of entrepreneurs and small business owners worldwide.
To learn more, visit entrepreneur.com.
Follow us on Twitter at @Entrepreneur and like us on Facebook at facebook.com/entmagazine.
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SOURCE CAN Capital, Inc.
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