Exhibit 31.2

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

I, Steven J. Kutcher,
certify that:

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|1. | I have reviewed this
 quarterly report 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: November 19, 2007 |  | By:                                                       | /s/ Steven J. Kutcher | 
| |                         |  | Name: Steven J. Kutcher                                  
| |                         |  | Chief
 Financial Officer and Principal Accounting Officer

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