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To the limit: when Todd Kesselman makes loans to 'risk addicted' entrepreneurs, one of his goals is to prevent them from self-destruction.

Publication: Los Angeles Business Journal
Publication Date: 09-AUG-04
Format: Online
Delivery: Immediate Online Access
Full Article Title: To the limit: when Todd Kesselman makes loans to 'risk addicted' entrepreneurs, one of his goals is to prevent them from self-destruction.(Small Business)(Inventory Capital Group LLC)(Company Profile)

Article Excerpt
Todd Kesselman gets a thrill from watching entrepreurs perform under pressure. Sometimes, though, they crack. That's what he tries to prevent.

Kesselman, a former bankruptcy trustee in Orange County, witnessed firsthand how high-growth businesses that carried large amounts of inventory would sometimes run aground because of problems getting financing from traditional banks.

"I love entrepreneurs and I've seen what happens when they fail," said Kesselman, who founded a small Las Vegas airline and printing firm that went bust in the early 1990s. "Everyone gives lip service to entrepreneurs but most of the structure of the financing system doesn't really work for them."

Recognizing a $2 billion market that had not yet been tapped, he created his own finance company, Inventory Capital Group LLC, in 1997.

The company performs a function similar to that of a factor, a type of lender...

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