Capital Markets Veteran Stevyn Schutzman Joins SMBX as Chief Investment Officer

The former Kroll Bond Rating Agency executive brings extensive capital markets experience to a firm transforming small business finance through its Small Business Bonds™

SAN FRANCISCO--(BUSINESS WIRE)--SMBX, the financial marketplace revolutionizing small business finance, today announced the appointment of capital markets veteran Stevyn Schutzman as Chief Investment Officer.

“SMBX has revolutionized fixed income investing for both small businesses and retail investors. The Small Business Bond and the SMBX Marketplace have reduced issuer and investor friction while offering a fixed-income product to investors,” said Schutzman.

“Since the 2008 Financial Crisis, capital markets have only gone up, especially the stock market. Bonds have gone virtually unnoticed because they often aren’t considered ‘retail friendly.’ SMBX changed all that. When preserving principal is crucial to the retail investor, SMBX’s Small Business Bonds afford this feature while providing returns that are often greater than can be achieved with many dividend-paying equities,” Schutzman added.

Schutzman brings 30 years of capital markets experience to SMBX, including the past 5 years as Kroll Bond Rating Agency’s Managing Director of the Corporate Credit Valuation Group. Prior to Kroll, he was Royal Bank of Canada’s (RBC) Managing Director/Portfolio Manager of RBC’s $40 billion Liquid Asset Portfolio after serving as Global Head of Fixed Income and Currencies Research and RBC’s Head of Corporate Bond Trading Group. Prior to that he held leadership positions at Citigroup Global Markets, and others. He holds an MS from New York University and a BS from Stony Brook University.

“Stevyn’s extensive capital markets experience, especially his deep understanding of fixed income assets, is a welcome addition to our leadership team during this period of rapid growth for our company,” said Ben Lozano, CEO and co-founder of SMBX.

SMBX is transforming small business finance through a financial marketplace that connects qualified small business owners with everyday investors. By issuing a Small Business Bond, businesses can borrow money from customers, their local community, and a national community of retail investors at competitive rates, raising the funds needed to expand their business.

Schutzman joins SMBX founders Ben Lozano, Chief Executive Officer; Bhavish Balhotra, Chief Technology Officer; and Jackie Chan, Chief Operating Officer. They created the SMBX marketplace and the Small Business Bond after the SEC implemented Title III of the JOBS Act in 2016, making it easier for people to invest in startups and small businesses as non-accredited investors.

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*Investing in Reg CF securities includes financial risks, including loss of money invested. All estimated returns on principal + interest are not guaranteed. This statement is based on the following assumptions: 1) an offering successfully closes and an investor is allocated a Bond or Bonds, 2) that the investor holds their Bonds to maturity and 3) that there are no defaults made by the issuer on any of the Bond payments from issuance to maturity.