Capital Business Machines, Inc. is the 2014 Arkansas Family-Owned Business of the Year. Michael Fasulo, Vice President of Arkansas Capital Corporation, submitted the nomination.
Capital Business Machines, Inc. began its existence in 1939 as Capital Typewriter Company on Main Street in downtown Little Rock. Over the years the company made many changes from the early typewriter days by adding new products and services.
In the fall of 2000, the Rogers family acquired Capital Business Machines with the mission of continuing to provide Arkansas with the quality products and excellent customer service for which the company had been well known. William Rogers, a veteran, along with his sons, Brett, Byron, and Bryce, manage the business and work with their staff of 16 employees on a daily basis to provide excellent customer service. Under their leadership Capital Business Machines continues to offer the latest business technology to customers throughout the state of Arkansas. This includes copiers, fax machines, scanners, computer networking, and support and supplies for these products. Major suppliers include Kyocera, HP, and CDW. Capital Business Machines has a wide range of customers that include schools, churches, municipalities, transportation companies, and offices. Revenues are generated from the sale of equipment, supplies, and from maintenance contracts.
Capital Business Machines’ commitment to training and education for both their customers and employees is unmatched in their industry. The company encourages and invests in the development of their employees, while striving to continue to offer the latest cutting-edge technology. The company also maintains a highly professional, ethical relationship with customers, suppliers, and co-workers.
The company’s outstanding customer service has led to business growth and profitability. After operating in a leased facility for over ten years, the company acquired its own building in Little Rock with the assistance of the SBA 504 loan program. The 504 Loan Program provides financing for major fixed assets such as equipment or real estate. Michael Fasulo, a vice president at Arkansas Capital Corporation, assisted the company with this financing endeavor. The company’s new facility includes space to accommodate future growth. The new location also demonstrates the company’s long term commitment to remain in Little Rock and contribute to the growth of the community.