Tagged: dan demeo

CAN Capital Removes CEO Dan Demeo

December 2, 2016 @ 11:38 am By JD Alois |

Online lender CAN Capital has removed CEO Dan Demeo and promoted Parris Sanz in his place. Bloomberg reported that Demeo and two other executives were on a “leave of absence” sending shudders across the entire online lending industry. Demeo, who joined the company in 2010 as… Read More

CAN Capital Secures $650 Million Funding from a Dozen Leading Banks, Including Wells Fargo, Morgan Stanley, UBS, Barclays & Fifth Third

April 2, 2015 @ 10:04 am By Erin Hobey |

CAN Capital, a player in alternative small business finance, announced today that it secured a $650 million credit facility from a dozen leading lenders. Led by Wells Fargo Capital Finance, the transaction includes new commitments from Morgan Stanley, Barclays, UBS, J.P. Morgan, SunTrust Bank and First… Read More

Read more in: General News, Global | Tagged barclays, can capital, dan demeo, fifth third bank, ubs, wells fargo