CAN Capital agreed financing transaction $287m from Varadero Capital to enhance its capital capacity
- CAN Capital is a technology-driven small business specialty finance company plans to use the funds to support growth, recruit staff and invest in technology
- New York-based alternative asset manager Varadero Capital, L.P., founded in 2009, focusing on investments across the specialized credit market
- CAN Capital provides small businesses access to more than $7 billion in funding through 190,000+ transactions
- CAN Capital has helped 81,000 small businesses ranging from restaurants to auto repair shops
- The company appointed Tom Davidson as chief financial officer
