Kevin Stout, Karma Los Angeles President
Kevin Stout, C.E.O. of Accrete Enterprises, INC. and formed (AE) in 2005 to provide asset-backed and lease-based financing for business essential equipment. AE’s syndicated companies have processed over $1 billion in application volume and funded more than 25,000 transaction worth more than $300 million. Mr. Stout's key activities involve new business development, customer acquisition and management, financial and strategic management, annual sales planning and forecasting, sales leads generation, sales pipeline development, customer relationships, portfolio management, and bank and underwriter contract negotiations. Leadership role also reflects oversight of corporate growth, profit performance, and funding source management.
ROCKET FUNDING GROUP, LLC
Co-founded Rocket Funding Group (RFG), the manager of an Alternative Investment Fund designed specifically to invest in various types of capital assets by providing companies with collateralized debt, debt-related financing and other creative financial solutions. RFG focus' on structuring transactions with middle and small market capital asset intensive companies that require more creative and flexible financing than typically offered by traditional banks or are underserved or under appreciated by conventional financing sources. Mr. Stout is responsible for the establishment and development of the equity-raising arm of the company, operations, legal and risk functions.