Capital Access Network Forms Board For CapTap Launch

Capital Access Network, Inc., a small-business finance provider, has named an advisory board to guide the launch and growth of its latest offering to small businesses, CapTap.

Key board members include Nigel Morris, co-founder of Capital One Financial Corp. and managing partner of QED Investors; Kevin Efrusy, general partner of Accel Partners; and Meyer “Micky” Malka, founder of Ribbit Capital.

“We are pleased to announce the creation of the CapTap advisory board comprised of proven financial and technology industry visionaries to help guide the launch and growth of our new online small business lending  platform,” said Glenn Goldman, Capital Access Network CEO, said in a press release.

The old model for assessing risk and providing small businesses with access to capital is broken, Goldman said.

“With CapTap, we are bringing to market new online capabilities that enable us and our strategic distribution partners to provide small businesses with access to more innovative financing solutions that help them grow and succeed,” he said.