– CapitalStream, a provider of web infrastructure that automates commercial financing, today announced the promotion of Alan Fuhrman to senior vice president and chief financial officer. Fuhrman takes considerable expertise to his new role, having provided leadership in the finance, accounting and operations of various electronics, medical device, software and professional service firms during the past twenty years.
“CapitalStream’s growth over the last year, especially in the small to mid-ticket arena, combined with bigger e-commerce partnerships coming to fruition, demands a steady, strategically-oriented leader at the financial controls,” said Steve Campbell, president and CEO. “Alan provides that. He is ideally prepared to keep our finances sound while we grow our market share and forge our future path in this industry.”
Fuhrman’s promotion follows his tremendous efforts in helping CapitalStream close two rounds of equity financing, including a $20 million round in March when many technology companies were struggling just to stay afloat. His versatile financial skills have helped him effectively managed CapitalStream’s financial affairs through many challenging market trends. His experience in equity and debt financing, business information system implementation and corporate administration helped fundamentally shape CapitalStream’s business strategies.
Fuhrman’s prior experience as a CFO includes ten years of developing young, high-growth technology companies prior to joining CapitalStream, including Neopath and Innovation, Inc. He has also served as a financial analyst for Hewlett-Packard and a CPA for Coopers & Lybrand. Fuhrman holds Bachelor's degrees in business administration and agricultural economics from Montana State University. He and his family reside in the Seattle, Washington area.
Seattle-based CapitalStream provides hosted e-commerce solutions for commercial financing, a $4 trillion global industry. The company provides infrastructure and tools that enable finance companies and manufacturers to create branded financing sites, tailor finance programs, build credit workflow, retrieve credit scores and content, and offer financing at the point of sale. CapitalStream, an established industry leader for more than five years with deep knowledge about the inner workings of the financing world, has helped several hundreds of financial organizations increase their competitiveness, customer service and profitability.
Jennifer Fox
Capital Stream, Inc.
206-548-1651
jenniferf@capitalstream.com
