CAN Capital announced it provided small businesses with access to more than $5.0 billion of working capital, more than any other company in the space.

To date, CAN Capital said it has facilitated over 156,000 small business fundings in more than 540 unique industries. CAN Capital’s customer base continues to expand and its digital business grew 600% in 2014.

“Reaching this milestone underscores how CAN Capital’s innovative technologies have helped small business owners access much needed capital to grow their businesses,” said Daniel DeMeo, chief executive officer, CAN Capital. “Small business owners have an appetite for investing in inventory, marketing and technology. We facilitate fast approvals and fundings so business owners can spend time focusing on these goals and running their businesses – instead of searching for capital.”

In April 2015, CAN Capital said it broke records by securing a $650MM credit facility from a dozen leading lenders including two of the three largest U.S. banks – Wells Fargo and JP Morgan Chase – as well as two large international banks – UBS and Barclays. This transaction marks the largest of its kind to ever occur in the alternative finance industry. “Our performance and reputation as the vanguards in the alternative finance space position us for more success, more growth and a greater ability to serve even more small business owners,” said DeMeo.

New York, NY-based CAN Capital, established in 1998, is a technology-powered financial services provider.