# Exhibit 31.2

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

I, Steven J. Kutcher, the Vice President and Chief Financial Officer of
CapSource Financial, Inc., certify that:

|1. |  | I have reviewed this quarterly report for the period ending March
31, 2006, on Form 10-QSB of CapSource Financial, Inc.;
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|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;
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|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;
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|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-14 and
15d-14) for the registrant and have:
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| | a) |  | designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the
registrant, including its consolidated subsidiaries, is made known to me by others within those entities, particularly during the
period in which this quarterly report is being prepared;
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| | b) |  | evaluated the effectiveness of the registrants disclosure
controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and
procedures, as of the end of the period covered by this quarterly report based on such evaluation; and
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| | c) |  | disclosed in this report any change in the registrants
internal control over financial reporting that occurred during the registrants most recent fiscal quarter (the
registrants fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to
materially affect, the registrants internal control over financial reporting;
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|5. |  | We have disclosed, based on our most recent evaluation of internal
control over financial reporting, to the registrants auditors and the audit committee of registrants board of
directors (or persons performing the equivalent functions):
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| | a) |  | all significant deficiencies and material weaknesses in the design
or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrants
ability to record, process, summarize and report financial data; and
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| | b) |  | any fraud, whether or not material, that involves management or
other employees who have a significant role in the registrants control over financial reporting.
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| | DATE:   May 15, 2006 | By:   | /s/   Steven J. Kutcher                 
| | -------------------- | ----- | ----------------------------------------
| |                      | Name: | Steven J. KutcherChief Financial Officer
|

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