1 00:00:00.185 --> 00:00:00.685 Hey everyone. 2 00:00:00.685 --> 00:00:01.805 Alison Berger here. 3 00:00:01.905 --> 00:00:05.085 I'm at the B2B Finance Expo in Las Vegas now joined 4 00:00:05.085 --> 00:00:08.525 with Mike Borak from Capita. How's it going so far? 5 00:00:08.825 --> 00:00:11.005 Uh, the event has been phenomenal. 6 00:00:11.125 --> 00:00:13.045 I mean, we've been, it's a great turnout. 7 00:00:13.265 --> 00:00:15.685 Um, some really good partners, a lot of new faces, 8 00:00:16.485 --> 00:00:17.525 a lot of familiar faces. 9 00:00:18.505 --> 00:00:21.405 Uh, I think some really good discussions at the panels. 10 00:00:21.545 --> 00:00:24.405 And, uh, yeah, just some great overall networking, you know, 11 00:00:24.485 --> 00:00:26.925 I think, uh, and then to be at the win in Las Vegas, I mean, 12 00:00:27.345 --> 00:00:28.645 you can't beat that, right? So, 13 00:00:28.745 --> 00:00:29.745 No, no. I mean, we're 14 00:00:29.745 --> 00:00:30.445 in winning city. 15 00:00:30.625 --> 00:00:32.205 No more sin city, winning city. 16 00:00:32.525 --> 00:00:34.605 Maybe winning for you. I'm losing a little bit, but I 17 00:00:34.605 --> 00:00:35.605 Don't believe that. 18 00:00:35.865 --> 00:00:37.845 No. But it's been, uh, I think, you know, 19 00:00:37.845 --> 00:00:39.605 first couple hours have been, have been great. 20 00:00:39.825 --> 00:00:42.725 Uh, the feedback I've gotten from everyone is like this, 21 00:00:42.845 --> 00:00:43.805 I think this is gonna be the next 22 00:00:43.805 --> 00:00:44.885 big event for our industry. 23 00:00:45.485 --> 00:00:47.445 I love hearing that. And why do you think that is? 24 00:00:48.345 --> 00:00:52.045 One is, I think it's, it, it's a good mix of, you know, 25 00:00:52.985 --> 00:00:56.325 the lenders in our space, some of the typical brokers, 26 00:00:56.385 --> 00:00:58.325 but then there's also, you know, 27 00:00:58.325 --> 00:00:59.725 there's some traditional banks here 28 00:01:00.025 --> 00:01:02.685 and some just, uh, more commercial loan brokers. 29 00:01:03.025 --> 00:01:05.645 So it's not all the familiar faces from a de banked event, 30 00:01:06.025 --> 00:01:08.365 but some of the, you know, some of the familiar ones. 31 00:01:08.365 --> 00:01:10.485 So it's a, it's a, it's kind of like a, 32 00:01:11.925 --> 00:01:13.365 a new iteration of it, I would say. 33 00:01:13.965 --> 00:01:16.565 I like it. Now let's talk about capita. Sure. 34 00:01:16.745 --> 00:01:19.205 For people that don't know, what does Capita do? 35 00:01:19.545 --> 00:01:23.925 So, capita, uh, is a small business financing provider. 36 00:01:24.465 --> 00:01:26.485 Uh, you know, we aim to serve the, you know, 37 00:01:26.485 --> 00:01:28.605 underserved small business, uh, owner 38 00:01:28.605 --> 00:01:29.885 that's out there in the market today. 39 00:01:30.305 --> 00:01:32.365 Uh, we've been in business close to 20 years. 40 00:01:32.655 --> 00:01:36.805 We've deployed close to $6 billion since our inception. 41 00:01:37.465 --> 00:01:38.765 Um, yeah, 42 00:01:38.765 --> 00:01:39.965 and it's just been a, you know, it's been a 43 00:01:39.965 --> 00:01:41.285 tremendous company to work for. 44 00:01:41.385 --> 00:01:44.485 We have a, a great core group of employees. 45 00:01:44.505 --> 00:01:46.285 And our growth over the past, you know, five, 46 00:01:46.305 --> 00:01:49.165 six years has been exponential and it keeps getting better. 47 00:01:49.865 --> 00:01:53.325 Uh, I'd say we're one of the most, you know, conservative 48 00:01:53.425 --> 00:01:55.085 and reliable lenders out there. 49 00:01:55.545 --> 00:01:58.445 Uh, and we're always aiming to, you know, offer new products 50 00:01:58.465 --> 00:02:01.245 and bring on new, new business owners and new partnerships 51 00:02:01.385 --> 00:02:03.325 and, uh, it's just a very exciting time 52 00:02:03.325 --> 00:02:04.485 for the company and the space. 53 00:02:04.855 --> 00:02:06.285 Let's talk about some of those new things. 54 00:02:06.555 --> 00:02:08.165 What new partners are you looking at? 55 00:02:08.165 --> 00:02:09.325 What are the new products? 56 00:02:09.555 --> 00:02:11.085 Yeah, so some of the new products 57 00:02:11.085 --> 00:02:12.445 that Capitas is looking to launch. 58 00:02:12.545 --> 00:02:15.205 So, traditionally we've had a, uh, you know, 59 00:02:15.255 --> 00:02:17.245 we've done future receivable financing 60 00:02:17.345 --> 00:02:18.725 and a working capital loan. 61 00:02:19.265 --> 00:02:23.285 Uh, very soon we will be offering, um, equipment financing 62 00:02:23.625 --> 00:02:25.805 and a line of credit product on our balance sheet as well. 63 00:02:25.825 --> 00:02:28.485 So we're kind of gonna have this full product suite where, 64 00:02:28.585 --> 00:02:31.445 you know, a small business owner isn't gonna have to work 65 00:02:31.445 --> 00:02:34.005 with a broker to get, you know, whatever product they need. 66 00:02:34.155 --> 00:02:35.405 They could just come to capita 67 00:02:35.405 --> 00:02:36.885 and we could serve all those needs for them. 68 00:02:37.185 --> 00:02:39.165 And what type of small businesses are coming to you? 69 00:02:39.685 --> 00:02:41.405 I mean, we see, I mean, 70 00:02:41.405 --> 00:02:44.885 we see everything from your local pizza, pizza shop 71 00:02:44.905 --> 00:02:48.685 to a manufacturer, to your doctor, your podiatrist. 72 00:02:49.705 --> 00:02:52.845 Um, really any type of small business that's out there, 73 00:02:52.905 --> 00:02:54.405 we can underwrite and we can serve. 74 00:02:54.935 --> 00:02:57.365 Gotta take care of everyone. We try, we try. 75 00:02:57.725 --> 00:02:59.645 Yeah, I think you're doing it right by the sounds 76 00:02:59.645 --> 00:03:00.645 Of it. I think so. 77 00:03:00.645 --> 00:03:02.685 I think so. Yeah. Capita, we, we do a good job. 78 00:03:02.705 --> 00:03:04.365 We, we take a lot of pride in what we do 79 00:03:04.365 --> 00:03:05.365 and the people we work with, 80 00:03:05.575 --> 00:03:06.575 Rightfully so. Well, 81 00:03:06.575 --> 00:03:08.005 thank you for spending some time with me. 82 00:03:08.165 --> 00:03:09.405 I appreciate it and thank you. 83 00:03:09.925 --> 00:03:12.525 And there's still more to come from the B2B finance Expo.