CAN Capital

What CAN Capital does

CAN Capital, Inc. is a U.S.-based, privately held alternative small business finance company founded in 1998 (originally as Advanceme Inc.) and headquartered in Marietta/Atlanta, Georgia. The company provides working capital loans ($2,500–$250,000, 6–18 month terms), equipment financing, business lines of credit, and ecommerce loans to small and medium-sized businesses that typically do not qualify for traditional bank credit. Business loans are made by WebBank as the originating bank, while equipment financing is delivered through the CAN Capital Equipment Finance division and a network of equipment vendor partners; CAN Capital provides the technology platform, underwriting support, and customer acquisition layer.

The company's core technology is a cloud-based loan origination and servicing platform with a proprietary automated underwriting system and proprietary risk models trained on more than 200,000 historical transactions across multiple business cycles and hundreds of industries. Underwriting integrates firmographic, banking, and other data sources to evaluate business performance rather than relying solely on personal credit scores, enabling rapid decisions with funding available as fast as the next business day. The platform was migrated from on-premises infrastructure to a serverless cloud architecture, completed in February 2023.

CAN Capital generates revenue primarily through a 3% origination fee on funded working capital loans, plus interest and fees on the loan book, supplemented by transaction-based revenue from equipment financing and business lines of credit facilitated through provider networks. Distribution is multi-channel: a direct online application portal, phone-based inside sales, an ISO/broker referral network, and equipment vendor partner programs. Cumulative lifetime originations exceed $8 billion across more than 200,000 transactions and 80,000+ customers, and the company has executed two term securitizations ($650M in 2015 with Wells Fargo Capital Finance, $175M in June 2024) to fund receivables growth.

Name

CAN Capital

Legal name

CAN Capital, Inc.

Website

https://cancapital.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

251–500 employees

Short description

CAN Capital is a U.S. alternative SMB lender founded in 1998, providing working capital loans ($2.5K–$250K), equipment financing, ecommerce loans, and business lines of credit through proprietary risk models and an ISO/broker plus direct-channel distribution network.

Ownership category

akta.pro rank

Product category

Alternative Small Business Lending

NAICS

Credit Intermediation and Related Activities (522)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

SME Term Loans & Growth Capital (FSAKAGAB)

akta.pro secondary industries

Microloans & Working Capital Loans (FSAKAGAA), SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB)

Keywords

• Small business lending
• Working capital loans
• Equipment financing
• Ecommerce loans
• Alternative business finance

Headquarters

HQ city

Kennesaw

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Working Capital Loans: Short-term business loans ranging from $2,500 to $250,000 with 6 to 18 month terms. Revenue generated through origination fees (3% of principal) collected at time of funding.
2. Equipment Financing: Equipment financing provided through a select network of providers. CAN Capital serves as an intermediary facilitating access to equipment loans and leases.
3. Business Lines of Credit: Revolving credit lines provided through a select network of providers, allowing businesses to draw and repay as needed.
4. Ecommerce Loans: Working capital loans designed specifically for online sellers to manage cash flow, restock inventory, and invest in growth.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

CAN Capital provides short-term working capital loans ($2,500–$250,000, 6–18 month terms), equipment financing, ecommerce loans, and business lines of credit to small and medium-sized U.S. businesses. All business loans are made by banking partner WebBank, with CAN Capital delivering the technology platform, underwriting, and customer acquisition. Equipment financing is delivered through the CAN Capital Equipment Finance division and a provider network.

Product overview

CAN Capital is a technology-powered alternative financing provider serving small and medium-sized businesses. The company offers a platform of working capital and equipment financing products, including Working Capital Loans ($2,500-$250,000, 6-18 month terms), Equipment Financing, Ecommerce Loans, and Business Lines of Credit. In February 2026, CAN Capital expanded its portfolio by acquiring the equipment finance platform from Republic Bank Finance. The company leverages proprietary risk models and data-driven underwriting to evaluate business performance and facilitate access to capital. All business loans are made by WebBank; equipment financing and business lines of credit are provided through select provider networks.

Differentiator

Problem solved

Functional benefit

Brands

• CAN Capital Equipment Finance: Division providing equipment financing through equipment loans and leases offered by various providers of such products.

Products and services

• Working Capital Loans

Quantifiable outcome

• Over $8 billion in working capital provided to more than 80,000 small businesses
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability2 records

Feature3 records

Partnerships

Two partnerships are on record, tiered strategic acquisition and minor.

• Republic Bank Finance (Division of Republic Bancorp, Inc.)strategic acquisitionStrategic or Co-development Partner · 23 February 2026CAN Capital acquired Republic Bank Finance's equipment finance portfolio and platform. This acquisition expands CAN Capital's product capabilities and enhances its ability to serve small and medium-sized businesses with equipment-backed financing solutions. Republic Bancorp is headquartered in Lexington, Kentucky.
• KBRA (Kroll Bond Rating Agency)minorOthers · 26 June 2024KBRA provided credit ratings for the $175 million asset-backed notes, rating them A, BBB, and BB- across different classes.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Lendio: Lendio operates a SMB lending marketplace connecting small businesses with multiple lenders across loan products. Comparable to CAN Capital in target customer (US SMBs) and product breadth, though Lendio's marketplace model differs from CAN Capital's direct origination.
• Credibly: Credibly provides working capital loans, merchant cash advances, and lines of credit to SMBs. Direct overlap with CAN Capital on short-term working capital term loans and similar ISO/broker-led distribution model.
• OnDeck (Enova International): OnDeck is a direct competitor in online SMB working capital lending, offering term loans and lines of credit to US small businesses via a technology-driven underwriting platform. Acquired by Enova International in 2020, it remains the closest comparable to CAN Capital in product mix, target customer, and bank-partner model.
• BlueVine: BlueVine provides working capital, lines of credit, and invoice factoring to SMBs through a digital platform. Direct overlap with CAN Capital on revolving lines of credit and short-term working capital products targeting underserved SMBs.
• Funding Circle: Funding Circle operates an SMB lending marketplace originating term loans and lines of credit to small businesses (US and UK). Comparable in product (term loans, lines of credit) and SMB target market, though more institutional/funded-investor oriented.
• Fundbox: Fundbox offers SMB working capital advances and lines of credit to small businesses, with a particular focus on serving SMBs via accounting-software integrations. Direct peer in product, target customer, and digital underwriting approach.
• Biz2Credit: Biz2Credit is an SMB lending marketplace and direct lender offering term loans, lines of credit, and SBA loans to small businesses. Comparable in target segment and product breadth, with overlapping broker/partner channel dynamics.

Others

• WebBank: WebBank is the chartered industrial bank that originates all of CAN Capital's business loans under their bank-partner model. Comparable as a critical infrastructure/partner rather than competitor; other fintech lenders (e.g., Affirm, SoFi Lending) use similar bank-partner models with WebBank.

Emerging players

• Accion Opportunity Fund (Accion): Accion Opportunity Fund is a nonprofit CDFI providing small business loans to underserved SMBs, including working capital. Comparable in mission and customer base (underserved SMBs) though not-for-profit structure differs from CAN Capital's for-profit model.
• AltLine (South Dakota Bancshares): AltLine provides working capital lines of credit to SMBs through a partner-bank model, comparable in structure and SMB focus. Direct functional overlap with CAN Capital's revolving line of credit product.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CANCapital
• Facebookfacebook.com/CANCapital
• LinkedInlinkedin.com/company/can-capital

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds7 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CAN Capital