CapFlow Funding Group (“CapFlow”) is pleased to announce the appointment of Kevin Gillespie as Vice President and Business Development Officer. Kevin comes to CapFlow with over a dozen years of experience in commercial finance, including Tradewind Finance and Bibby.
“We are excited to have Kevin join us to assist in enhancing and developing our revitalized sales and marketing efforts. Along with hiring Kevin, during 2022 we made significant investments in our branded properties as well as to add other personnel to our sales efforts to increase market penetration to provide liquidity and services to small- and medium-sized business (“SMB’s”), said CEO Andrew Coon.
CapFlow, along with its affiliate, CFG Merchant Solutions, provide an array of products and services to SMB’s, including invoice factoring, purchase order finance, supply chain finance, revenue-based financing (also sometimes referred to as Merchant Cash Advance or MCA), credit card split transactions, equipment leasing, and asset-based loans. CapFlow was founded in 2009 by Mr. Coon and William Gallagher as a response to a dearth of working capital available to SMB’s following the credit crisis of 2007-2008. As of December 31, 2022, the combined companies have provided approximately $1.65 billion in working capital to US-based small businesses.