Bellevue company matches businesses with lenders

  • 2020-09-13
A newly launched Bellevue-based platform matches medium and small businesses looking for real estate or commercial loans with verified lenders.

CEO and founder of Captivion, Jeremy Hill, said that his company’s platform is comprised of software that collects information about a business and its goals and uses artificial intelligence to make recommendations about the most appropriate lenders. Some of the criteria the software considers when making such decision include type of loan, loan amount, location, and industry. Brochure printing is often used to provide more details to businesses and lenders about the application, process, and decisions made by such software.

There are over 250 lenders in the state of Washington and Hill says he plans to partner with just a handful of lenders in the area. He added that this will enable lenders to feel they are not competing with so many other banks and businesses will not become overwhelmed with notices from too many lenders.

Hill has founded many other ventures, one of which is JB Capital, which he founded in 2007 and of which he is currently Managing Director. He has many years of experience advising and consulting local businesses, which led him to the creation of Captivion.

Hill said the platform currently is available only for the state of Washington, but he plans to expand it to cover the entire country in the future.