Excel Capital Management

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This article was considered for deletion at Wikipedia on May 30 2017. This is a backup of Wikipedia:Excel_Capital_Management. All of its AfDs can be found at Wikipedia:Special:PrefixIndex/Wikipedia:Articles_for_deletion/Excel_Capital_Management, the first at Wikipedia:Wikipedia:Articles_for_deletion/Excel_Capital_Management. Purge

company

Excel Capital Management, Inc. is a fintech company operating privately in New York City, NY.[1] The company serves clients in the United States and Canada that need capital to fund their day-to-day operations and invest into their company’s growth.[2]

History

The company was founded in 2013 by Cetin (Chad) Otar. Otar, while studying medicine, was approached by his brother who is a stockbroker, to discuss an emerging industry called alternative lending. Otar began working part-time with a colleague of his brother, setting up appointments and completing pre-call activities.[3] Otar then took on an executive management position with a cash advance company for one and half years.[4][5] He and a partner left the company to start their own business.[6][7] Within one year, the team was funding two to three million dollars in revenue per month.[2][8] The early days of Excel Capital Management, Inc. were spent in the basement of Otar’s mother’s house.[9][10]

Overview

The company operates with an understanding that each company’s needs are different, attempting to accommodate those needs based on its current valuation instead of historical data.[11][1] Evaluating companies using this method provides for a quick turnaround in processing the capital.[12] According to the company, most of their clients receive their funds within 72 hours of application.[13][14]

References

  1. 1.0 1.1 "Fintech Business Financing: The New Frontier". Forbes. https://www.forbes.com/sites/forbesfinancecouncil/2017/05/02/fintech-business-financing-the-new-frontier. Retrieved 30 May 2017. 
  2. 2.0 2.1 Shaw, Michael D. (6 October 2016). "Long Live the Website: The Essential Source of Vital Information". The Huffington Post. http://www.huffingtonpost.com/michael-d-shaw/long-live-the-website-the_b_12374724.html. 
  3. "Getting Capital during a Time of Belt-Tightening". Founder's Guide. http://foundersguide.com/the-entrepreneur-dilemma-how-to-get-capital-when-in-tight-budget/. Retrieved 30 May 2017. 
  4. "Social Media as a Social Savior: The Benefits for Small Business Owners". Social Marketing Fella. 5 October 2016. http://socialmarketingfella.com/social-media-social-savior-benefits-small-business-owners/. Retrieved 30 May 2017. 
  5. "How Fintech Has Helped the Small Business Lending Industry Grow". Kabbage. 9 September 2016. https://www.kabbage.com/blog/how-fintech-has-helped-the-small-business-lending-industry-grow. Retrieved 30 May 2017. 
  6. Stiles, Wolf Dean. "The very point of sale:Great idea, but can it scale?". The Green Sheet e-Magazine. http://www.greensheet.com/emagazine.php?story_id=4503. Retrieved 30 May 2017. 
  7. "How Acquiring Working Capital Through an Alternative Lender Can Help Your Retail Business Fix Cash Flow Issues". Retail Minded. 16 September 2016. https://retailminded.com/how-acquiring-working-capital-through-an-alternative-lender-can-help-your-retail-business-fix-cash-flow-issues/. Retrieved 30 May 2017. 
  8. "Business Loans as a Form of Economic Salvation: Helping the Real Estate Industry" (in en-gb). Realty Times (newspaper). http://realtytimes.com/agentnews/agentadvice1/item/48279-business-loans-as-a-form-of-economic-salvation-helping-the-real-estate-industry-htm. Retrieved 30 May 2017. 
  9. "Excel Capital Management, a leading source of economic expertise and financial assistance". epodcastnetwork.com (Entrepreneur Podcast Network). http://epodcastnetwork.com/excel-capital-management-a-leading-source-of-economic-expertise-and-financial-assistance. Retrieved 30 May 2017. 
  10. "Applying for Additional Working Capital: The Key to Helping Small Business Owners Succeed". CEO Blog Nation. http://rescue.ceoblognation.com/2016/11/07/applying-for-additional-working-capital-the-key-to-helping-small-business-owners-succeed/. Retrieved 30 May 2017. 
  11. Ozyegin, Ege (23 March 2017). "40 Under 40 Most Influential Turkish – Americans: Toa Awards 2017". The Huffington Post. http://www.huffingtonpost.com/entry/40-under-40-most-influential-turkish-americans-toa_us_58d3eef6e4b062043ad4b09f. Retrieved 29 May 2017. 
  12. "How Alternative Business Financing Helped This Retail Minded Reader". Retail Minded. 8 March 2017. https://retailminded.com/how-alternative-business-financing-helped-this-retail-minded-reader/. Retrieved 30 May 2017. 
  13. Kalyanaraman, Srividya. "Funding The Great White North". deBanked. http://debanked.com/2016/09/funding-the-great-white-north/. Retrieved 29 May 2017. 
  14. "The Art of the Advance". Daily Funder. http://dailyfunder.com/magazine/septemberoctober-2014-issue-5/17/. Retrieved 29 May 2017.