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Daniel O. Leemon Joins LiveCapital Board of Directors; Chief Strategy Officer for Charles Schwab Becomes Key Advisor to Leader in Instant Online Business Financing.


Business Editors

SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif.--(BUSINESS WIRE)--Sept. 21, 2000

LiveCapital, the leader in online small business financing, today announced that Daniel O. Leemon, executive vice president and chief strategy officer for the Charles Schwab Charles Schwab can refer to:
  • Charles M. Schwab, founder of Bethlehem Steel.
  • Charles R. Schwab, founder of the brokerage.
  • Charles Schwab Corporation, the brokerage.
 Corporation, has joined its Board of Directors.

"We are excited to welcome Daniel Leemon as the newest member of our Board and believe that we will benefit from his perspective as a long-time strategist in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 industry," said Mike Grossman, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of LiveCapital. "We feel that his insight will be invaluable as we aggressively move forward and expand our product portfolio."

Leemon joins LiveCapital at an exciting time. The company recently surpassed $2 billion in financing approved through its Finance Platform. Additionally, the company's Financing Network of lenders and lessors recently grew to include more than 60 financial institutions.

Using the LiveCapital Finance Platform, a client company can provide its small business customers with the ability to -- in less than five minutes -- complete a financing application, have that application instantly evaluated, and immediately secure financing offers for loans, lines of credit, leases, and credit cards. In supplying their customers with this service, clients can provide financing directly and through the many institutions in the LiveCapital Financing Network.

About Daniel O. Leemon

Since September 1995, Leemon has worked with Charles Schwab on a variety of strategic opportunities and initiatives, including helping Schwab's line managers set the course for new products and distribution capabilities. Prior to joining Charles Schwab, he was a Vice President at the Boston Consulting Group in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , where he was a lead member of their financial services and consumer goods consumer goods

Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and
 / retailing practices.

Leemon earned a B.S. degree from the Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business,  in 1973, and an M.B.A. degree from Stanford University in 1975.

About Live Capital

LiveCapital enables financial institutions, equipment vendors and B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
 marketplaces to provide their small business customers with instant online financing. The company offers its clients a comprehensive and flexible Finance Platform which leverages proprietary decisioning technology and the industry's largest and most diverse multi-lender network (the LiveCapital Financing Network) to provide instant financing and decision capabilities. In addition, the Finance Platform includes the back-office systems and support essential to ensure satisfied customers and effective loan fulfillment. To date, LiveCapital has facilitated the approval of over $2 billion in loans, lines of credit, leases, and credit cards.

LiveCapital is privately held and is headquartered in San Mateo, California San Mateo is a city in San Mateo County, California, in the San Francisco Bay Area. It is one of the larger suburbs on the San Francisco Peninsula, located between Burlingame to the north, Foster City to the East, and Belmont to the south. . Its primary investors are Kleiner Perkins Caufield Byers, XL Capital, Gotham Partners, Frontline Capital, Red Rock Ventures, and Irwin Ventures. In addition, its strategic partners include Microsoft, Intuit, American Express, Fair, Isaac & Company, Experian and Dun & Bradstreet. For more information, visit the company's Web site at www.livecapital.com. For more information, contact Serene Lewis of MS&L at 415/364-3820 or via email at slewis@mslpr.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 21, 2000
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