Kapitus

In January of 2006, Andy Reiser, along with 10 employees, founded the company as Strategic Funding Source with the goal of providing the small business community – a significantly underbanked group – with a trusted and reliable source of financing. Over the following two years the company focused on expansion and opened a second office in Williamsburg, Virginia to accommodate a growing customer service department tasked with supporting our more than 400 small businesses clients. In 2008, as a result of the great recession, small business owners faced even more financing hardships, with banks tightening their lending requirements to such a degree that small business owners were left with little to no options to finance their businesses. With a long-term strategy at hand, the company focused on refining its underwriting process to address the severity of this new situation for business owners. Through these efforts, we were able to fund more than $118.5 Million to more than 2200 businesses and remain profitable despite the economic recession.