CAPITAL ACCESS NETWORK AND CEO GLENN GOLDMAN HONORED IN SEVENTH ANNUAL INTERNATIONAL BUSINESS AWARDSSM
NEW YORK (Nov 29, 2010) Capital Access Network, Inc. (CAN), and its President and Chief Executive Officer, Glenn Goldman earned Distinguished Honoree medals, respectively, in the Single-Market Company of the Year - North America and Executive of the Year - North America categories in The 2010 International Business Awards. The International Business Awards is the only global, all-encompassing business awards program honoring great performances in business.
Nicknamed the Stevie® for the Greek word "crowned," the awards were presented to honorees at a gala dinner on Monday, September 27 in the Ritz-Carlton Hotel in Istanbul, Turkey.
Honorees were selected from more than 1,700 entries received from organizations and individuals in more than 40 countries. Organizations all over the world are eligible to compete in The International Business Awards, and can enter in any of more than 40 categories.
CAN serves the small and mid-sized business (SMB) market through its wholly-owned subsidiaries, including AdvanceMe, Inc., the leader in Merchant Cash Advances. The company also leverages leading edge data, systems and technology, combined with a highly effective Daily Remittance Platform™, to deliver innovative financial products and services geared to the small and mid-sized business markets. CAN now has an International services program enabling the sale of SMB financial products abroad . CAN's Financial Technologies Group offers SMB lenders, credit card issuers and other capital providers customized platforms and hosted services that enable Daily Remittance powered financial products. CAN's Data Services Division was formed to provide predictive analytics, scoring and other risk management tools to help quantify, control or reduce the exposure of those providing capital or credit to small and mid-sized businesses and to improve the marketing efficiencies of those who target such businesses.
"Despite the harsh economic climate, entries to the IBAs actually grew a bit this year, and that illustrates the increasing importance of The International Business Awards worldwide," said Michael Gallagher, president of The Stevie Awards, presenters of the IBAs. "We congratulate all of the honorees."
"We are honored to have been recognized this year by the International Business Awards as well as the American Business Awards," said Glenn Goldman, President and CEO of CAN. "We are focused on providing business owners the working capital that they need, directly and through the delivery of our Daily Remittance Platform to other financial services providers. This type of recognition is appreciated and shows that we are on the right track."
Complete lists of honorees and other details are available at www.stevieawards.com/iba.
About Capital Access Network, Inc.
Capital Access Network, Inc. (CAN) leverages leading edge data, systems and technology, combined with a unique and highly effective Daily Remittance model, to deliver innovative financial products and services geared to small and mid-sized businesses (SMBs) and SMB capital providers. The Financial Technologies Group offers SMB lenders, credit card issuers and other capital providers customized platforms and hosted services that enable Daily Remittance powered financial products, improving underwriting decisioning and delivery, extending customer lifecycles, controlling costs and enhancing portfolio performance. The Data Services Division draws upon the data gathered by CAN's subsidiaries through 12 years of collecting and analyzing the sales trends and firmographics of tens of thousands of SMBs. CAN also provides merchant capital options powered by Daily Remittance Platforms™ through its wholly-owned subsidiaries: AdvanceMe, Inc, the leader in Merchant Cash Advances, and NewLogic Business Loans, Inc. Headquartered in New York, CAN and its subsidiaries currently employ 350 people in four locations in New York, Georgia, Massachusetts and Costa Rica. Learn more at www.CapitalAccessNetwork.com
About The Stevie Awards
Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.
Premier Sponsor of The 2010 International Business Awards is Infogroup. National Sponsors include the Korea Business Communicators Association and the Public Relations Society of India. Supporting sponsor is McCann PR Romania. Localization Partner for the 2010 IBAs is Lionbridge.
