First entered the Financial sector as a 19 year old, trying to earn some money for college as a Stockbroker trainee/Clerk. He was mesmerized by all of the Financial activity and fortunes gained and lost taking place in front of him every day. He quickly realized he had found his calling.
He was finishing his collegiate career at Baruch when he was recruited into an up and coming Hedge Fund at the age of 22. He started as a Trainee and became Manager after only 2 years. It did not take long for the Hedge Fund to be negatively impacted by the Economy and Nathan realized he had to find a way to not only make money, but use the economic climate to his favor. That led to his starting American Allied Funding, a Merchant Cash Advance provider at the age of 26. He wanted to be able to serve Main Street, not just Wall St. and this was the perfect way to do it.
American Allied’s success brought him a lot of attention which led to him starting a Funding division for one of the largest Merchant Processing providers in the entire Northeast. By the age of 28, Nathan had accomplished more, in less than a decade, than most of his peers do over the course of an entire career.
Despite his success, Nathan was not yet satisfied. He wanted to be able to provide the perfect solution for every business and was restricted by his company’s policies. He started Remittance Capital Management in 2013 with the vision of funding and partnering with all of the top Funding Institutions in the Alternative Lending Industry. This would enable him to provide ALL Small Business Owners the benefits of Business Finance, without anyone being left out. He brought in some like-minded experts to help him in his mission to become one of the top, most client-centric Brokerages in the Alternative Lending industry! In only 2 years Remittance Capital Management has exceeded projections and funded over $30,000,000 to Merchants all over the US, one small business at a time.
Since joining Remittance Capital Management in late 2013 as Director of Sales, Jordan Lindenbaum has grown the internal Sales force and expanded Strategic Partnerships with outside agents. He helped implement the “SPIN” style of solution based selling into the firm, while playing a role in increasing funded deals by over 85% within one year.
Jordan’s background was in Telecommunications, Publishing and Executive Recruiting before entering the Alternative Lending industry. His audience has always been Small-Medium businesses and understood their needs and wants. He had noticed for some time how underserved they have been by larger Banks. When he discovered Merchant Cash Advance in an article he felt it was the perfect opportunity to fill a great and still under publicized need. When he first entered the industry he noticed they were still employing outdated methods and joined Remittance Capital Management because of the shared vision of a client centric holistic approach to short term Lending.
When he is not chasing down working capital for Entrepreneurs all over the US, he enjoys Reading, Football, Film, Short Fiction writing, Cooking and spending time with his daughter.
As a cancer survivor at a young age, Chad Otar was determined to make a career out of helping people. While pursuing his post-graduate degree he discovered Merchant Cash Advance. He entered the industry 4 years ago as an Independent Sales Agent and has since moved on to Account Executive and more recently, co-Founder and Vice President of Sales at Remittance Capital Management.
In a relatively short time span Chad Otar has expanded the internal sales force from himself to eight and turned an occasional referral to a strong network of Independent Outside Sales Agents and Referral Partners ranging from CPA’s to Vice Presidents of large banks. Chad has witnessed the MCA/Alternative Lending world blossom and prosper from a little known facet of Finance to a multibillion dollar industry. He has been highly instrumental in implementation of Sandler and SPIN Selling training, preferring a client-centric sales methodology where Excel’s Sales Agents act as trusted Financial Advisors to Small Business Owners all over the US. He is very active and well respected in the Alternative Lending industry due to his credibility, experience and knowledge. Chad still works a full desk, and when he is not securing capital for his clients he enjoys traveling and scuba diving. He is a trivia enthusiast and has published several works of poetry. He lives to spend time with friends and family and is very active in his community.