We are pleased to announce that we are spinning off our direct lending and financing business into a wholly-owned subsidiary, Change Capital (www.change.capital).
With headquarters, underwriting and back-office operations in New York and origination and service locations in Chicago and Los Angeles, Change Capital will continue to provide creative, flexible, and timely capital solutions to small and medium businesses across the country. In addition, Change Capital will seek out opportunities to finance businesses that provide innovative, sustainable, socially responsible, and ethically-produced products and services and those that are owned and successfully operated by minorities, women, veterans of the armed forces, immigrants, and the physically challenged.
“Over the past four years, our direct financing business has dominated our business activities and attention,” commented Raffi Azadian, Founder and CEO of Azadian Group and Change Capital. “By spinning off that line of business to a singularly-focused entity, we are increasing our focus and commitment to helping small and medium businesses of all types grow and thrive.”