Exhibit 31.2

CERTIFICATION UNDER
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I,
Steven J. Kutcher, the person performing the function of Chief Financial Officer of
CapSource Financial, Inc., certify that:

1.
                        I have reviewed this
quarterly report on Form 10-QSB of CapSource Financial,                     Inc.;

2.
                        Based on my knowledge,
this quarterly report does not contain any untrue                     statement of a
material fact or omit to state a material fact necessary to make                     the
statements made, in light of the circumstances under which such statements
                    were made, not misleading with respect to the period covered by this
quarterly                     report;

3.
                        Based on my knowledge, the
financial statements, and other financial                     information included in
this quarterly report, fairly present in all material                     respects the
financial condition, results of operations and cash flows of the
                    registrant as of, and for, the periods presented in this quarterly
report;

4.
                        The registrants
other certifying officer and I are responsible for                     establishing and
maintaining disclosure controls and procedures (as defined in
                    Exchange Act Rules 13a-15(e) and 15d-15(e) for the registrant and
have:

| | a)
                            designed such disclosure
controls and procedures to ensure that material                     information relating
to the registrant, including its consolidated subsidiaries,                     is made
known to us by others within those entities, particularly during the
                    period in which this quarterly report is being prepared;
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | b)
                            evaluated the
effectiveness of the registrants disclosure controls and
                    procedures as of a date within 90 days prior to the filing date of
this                     quarterly report (the Evaluation Date); and
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | c)
                            presented in this
quarterly report our conclusions about the effectiveness of                     the
disclosure controls and procedures based on our evaluation as of the
                    Evaluation Date;
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

5.
                        We have disclosed, based
on our most recent evaluation, to the                     registrants auditors and
the audit committee of registrants board of                     directors (or
persons performing the equivalent functions):

| | a)
                            all significant
deficiencies in the design or operation of internal controls                     which
could adversely affect the registrants ability to record, process,
                    summarize and report financial data and have identified for the
                    registrants auditors any material weaknesses in internal
controls; and
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | b)
                            any fraud, whether or not
material, that involves management or other employees                     who have a
significant role in the registrants internal controls; and
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|DATE: November 15, 2004 | By: /s/ Steven J. Kutcher                                                   
|----------------------- | ----------------------------------------------------------------------------
|                        | Name: Steven J. KutcherPerson performing function of Chief Financial Officer

---