Core Insights - FAVO Capital Inc. has appointed Dr. Wael Barsoum as an independent director to strengthen governance and support its growth strategy [1][3][4] Company Overview - FAVO Capital operates in two core segments: financial services and real estate, providing alternative funding solutions to small and mid-sized businesses across the U.S. [5] - The company has supported over 10,000 businesses through the purchase of future receipts and is building a portfolio of selective real assets to enhance its balance sheet [5] Leadership and Governance - Dr. Wael Barsoum is a recognized healthcare executive with a history of leading complex organizations, including his role as former president and CEO of Cleveland Clinic Florida [2][3] - His appointment is part of FAVO's commitment to building a board with independence and depth to guide the company towards long-term value creation [3][4] - Barsoum has extensive experience in governance, compliance, and organizational transformation, having served on various boards and advisory committees [3]

Independent director adds governance and capital markets expertise as FAVO prepares for long-term growthFORT LAUDERDALE, Fla., Sept. 16, 2025 (GLOBE NEWSWIRE) -- via IBN – FAVO Capital, Inc. (OTC: FAVO), a diversified financial company operating across two core segments — financial services and real estate — today announced the appointment of Zachary Graeve to its board of directors as an independent director. Graeve will also serve as chair of the Nominating and Corporate Governance Committee. “Zachary’s a ...

Core Insights - FAVO Capital, Inc. has announced significant changes to its executive leadership team to align with its long-term growth strategy [1][2][5] - Vaughan Korte has transitioned from CFO to COO, while Katy Murless has been appointed as the new CFO, bringing extensive financial and investment experience [2][3][4] Leadership Changes - Vaughan Korte has over 17 years of finance experience, previously overseeing finance operations for adidas across 60 countries [4] - Katy Murless has more than a decade of experience in financial, commercial, and investment management, previously serving as head of U.S. operations at Stewards Investment Capital Limited [3][4] Strategic Focus - The leadership restructuring supports FAVO's dual strategy of expanding its private credit platform for U.S. small businesses and building a portfolio of stabilized, income-producing real estate [5][6] - The company aims to pursue a Nasdaq uplisting, contingent on market conditions and regulatory approval [5] Company Overview - FAVO Capital operates in two segments: financial services and income-producing real estate, having supported over 10,000 businesses through revenue-based funding solutions [6][7] - The company is headquartered in Fort Lauderdale, Florida, with operations in Florida, New York, and the Dominican Republic [7]

Core Insights - FAVO Capital, Inc. has announced that its President, Shaun Quin, has been accepted into the Forbes Business Council, recognizing his leadership and strategic innovation in the finance sector [1][2][3] Company Overview - FAVO Capital, Inc. is a diversified finance company that provides alternative revenue-based funding solutions to small and medium-sized businesses (SMBs) across the United States, alongside strategic investments in income-producing real estate [1][5] - The company has supported over 10,000 businesses through the purchase of future receipts and has built a portfolio of stabilized, cash-flowing real estate assets [5] Leadership Recognition - Shaun Quin's acceptance into the Forbes Business Council highlights his more than two decades of experience in capital markets, alternative finance, and organizational transformation [2][4] - As a member of the Council, Quin will have access to a network of peers and experts, allowing him to contribute thought leadership articles and participate in exclusive events [3] Strategic Goals - FAVO Capital aims to expand access to flexible funding for underserved small businesses in the U.S., aligning with Quin's involvement in the Forbes Business Council [3]

Core Insights - FAVO Capital, Inc. has completed a $190 million all-stock acquisition of 1818 Park, a Class-A mixed-use property in downtown Hollywood, Florida, marking a significant step in its diversification strategy [1][3][4] Group 1: Acquisition Details - The acquisition includes the assumption of liabilities and adds stabilized, income-generating real estate to FAVO's long-term portfolio [1][4] - 1818 Park features residential, office, and retail components, with high occupancy and long-term lease agreements, providing durable cash flow [2][5] Group 2: Strategic Implications - The current owners of 1818 Park will become long-term equity partners in FAVO, ensuring operational continuity and aligning stakeholder incentives [3][4] - This acquisition is intended to strengthen FAVO's balance sheet and broaden the collateral base for its private credit business, allowing for larger financing lines and expanded lending capacity [4][6] Group 3: Company Overview - FAVO Capital provides alternative revenue-based funding solutions to small and medium-sized businesses across the U.S. and has supported over 10,000 businesses since its inception [6] - The company is headquartered in Fort Lauderdale, FL, with operations in New York and the Dominican Republic, focusing on financial transparency and sustainable growth [6]

FORT LAUDERDALE, Fla., May 06, 2025 (GLOBE NEWSWIRE) -- via IBN -- FAVO Capital, Inc. (OTC: FAVO), a rapidly growing private credit platform focused on revenue-based funding for small and medium- sized businesses (SMBs), today announced that it has secured an $8 million Series A Preferred equity investment from Stewards Investment Capital, a global asset manager with deep expertise in fintech and private credit. Vincent Napolitano, CEO of FAVO Capital said, "Stewards has been a trusted partner, and this fun ...