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WCRS
Western Capital Resources, Inc.

Common Stock
Western Capital Resources, Inc. Company Logo

11550 "I" Street

Suite 150

Omaha, NE 68137

Principal Executive Offices:

11550 I Street

Suite 150

Omaha, NE 68137

Last Verified 03/2022
Business Description
Western Capital Resources (WCR) is a publicly traded holding company based in Omaha, Nebraska. Western Capital Resources, Inc is focused on growing through the acquisition of established lower middle market businesses with up to $100 million in sales. WCR is industry agnostic and targets leaders in niche industries or geographies as well as opportunistic purchases of businesses that WCR can improve operationally. WCR has a particular interest in situations involving companies facing succession dilemmas, corporate divestitures and businesses in out-of-favor industries. Current and past holdings include companies in the retail, e-commerce, manufacturing, franchising and consumer finance space. ...
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Financial Reporting
Reporting Status
Dark: Alternative Reporting Standard
Audited Financials
Audited
Latest Report
CIK
0001363958
Fiscal Year End
12/31
Company Officers & Contacts
John Quandahl
CEO, COO

Angel Donchev
CFO, CIO

Steve Irlbeck
Secretary

Board of Directors
Kevin Kuby

Richard E. Miller

Jack Myers

John Quandahl
CEO, COO

Ellery Roberts
Independent Director, Audit Committee Member, Compensation Committee Member

Other Company Insiders
Murry Gunty
Blackstreet Capital Advisors II
Other Company Insiders are all persons or entities beneficially owning 10% or more of any class of the issuer's securities. Together, officers, directors and other company insiders comprise Company Insiders.
Service Providers
Accounting/Auditing Firm
Sadler, Gibb & Associates, LLC

344 West 1380 South,

Suite 250

Draper, UT 84020

Securities Counsel
Foley & Lardner LLP

777 East Wisconsin Avenue

Milwaukee, WI 53202-5306

Profile Data
SIC - Industry Classification
5900 - Retail-Miscellaneous Retail
Incorporation Information
DE, US, 2006
Employees
950 as of 12/31/2021
Shell
No
Products and Services

Western Capital Resources, Inc. has four segments of operation: Cellular Retail segment, which sells cellular phones and accessories; Direct to Consumer segment, which sells live plants, seeds, holiday gifts and gardening accessories; Consumer Finance segment, which provides short term consumer loans; and Manufacturing segment, which manufactures and sells lawn and garden power equipment, emergency safety shelters and provides contract manufacturing services.

Company Facilities

We lease a 12,420-square-foot space which is used as our corporate headquarters as well as headquarters for the Cellular Retail and Consumer Finance segments, with additional space available, which is sufficient for our projected near-term future growth. Our monthly lease amount is currently $13,553 and the lease expires on January 31, 2025. Our Direct to Consumer segment, owns a 100-acre property with a 382,790 square foot facility in Greenwood, South Carolina. This facility is utilized as the segment's distribution and warehouse facility. The real estate is not encumbered as of December 31, 2020. Our Manufacturing segment leases facilities located in Warrensburg, Missouri comprising an aggregate of 147,000 sq. ft.

Company Notes
Formerly=URON, Inc. until 8-2008
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