AllCap Participation Funds Team
Clay Tramel, CEO
Clay has always been an entrepreneur. It’s in his DNA. He was motivated to become a businessman well before receiving his undergraduate degree (a Bachelor of Science in Business) in 1984. At the same time as he continued down the academic path, he found opportunities for growth in commercial real estate.
1987 was a benchmark year for Clay. It was then that he obtained his MBA in Finance from Centenary College of Louisiana while also achieving the prestigious CCIM designation awarding him recognition as a leading expert in commercial real estate. Since then, he’s started, owned and operated a variety of companies in various industries and continues to own and operate several successful businesses today.
In 1992, with only $300,000 in start up capital, he formed a Texas-based factoring company. His mission was simple, to provide a financing bridge to businesses that needed access to cash faster than when their commercial customers make payment. Twenty-six years later, Allied Affiliated Funding, L.P. became the proof that his mission was a success. Allied had become that bridge by providing $500 million annually to other businesses.
In July of 2018, he sold the company to Axiom Bank, N.A., where Clay currently serves as CEO of Axiom Bank’s new Factoring and Asset Based Lending division, while also owning AllCap and his other companies
David Lau, COO/CTO
David is often referred to as our Technology Guru and for good reason. Truth is, he brings much more to the table than that.
An undergraduate degree in Electrical Engineering from Virginia Polytechnic Institute and graduate work in Computer Science at SMU brought David to an 18 year career as a Senior Systems Engineer/Senior Member Technical Staff at Texas Instruments.
David used his considerable experience working on domestic and international projects such as customer interfacing, project management and product life cycle management, and his expertise in industries ranging from telecom to financial and defense as a springboard for his next opportunity. He went on to co-found and lead a start up venture achieving the $1 million revenue mark after only 18 months. He repeated that success as the co-founder of another company bringing in revenues of over $2 million in a short time frame.
David claims he’s no economist, yet he’s an avid follower of certain economic indicator historical trends. Periodically, he authors reports sharing this data in a way that is easy to read and understand.
Lisa Hirmon, Office Manager
Lisa is the person that is responsible for keeping all of the back office of Allcap running.
She has over 30 years of experience in Office Management, Accounting, Inventory Management, Human Resources as well as setting up a computer or desk if needed. Lisa has been involved with companies as small as 2 or 3 people or up to 100+. She has supervised a staff of 15 when she was in inventory management and accounting. The companies were up to 100 million in sales which included distribution, financing, marketing, advertising and banking in her 30 years of experience.