Capital Alliance - interview with founder Narin Charan
It’s been nearly a decade since Narin Charan founded Capital Alliance , a private, tech-enabled lender specializing in providing small businesses with much-needed access to capital. Narin’s business has grown quite a bit since those early days, as it now offers unsecured business loans approaching up to $1 million to businesses across a wide range of industries via a three-step, same-day decision process. What is the story behind 'Capital Alliance'? When did it begin? I founded Capital Alliance in 2008, while the country was still in the throes of “The Great Recession.” I saw a lot of business owners -- especially small business owners -- struggling to find access to capital and felt compelled to do something about it by developing a newer and more efficient lending model capable of adapting to the changing economic environment. What is your competitive advantage? Simplicity is far and away our greatest advantage. Capital Alliance has removed the ineffici...