ISOs are having problems getting cash they need to grow their businesses and I am happy to provide this funding to the industry that I grew up in.
Arlington, VA (PRWEB) October 12, 2010
Super G Funding is pleased to announce that it has capital available to provide residual based loans to almost any Independent Sales Organization (ISO) or Agent. Loan amounts range from a minimum of $25,000 up to $1 million and can be paid back over 12, 24 or 36 months.
"Typically, ISOs try to get an SBA or business loan from their local bank, or take out a home equity loan against their home, but this is very hard to do in today’s economic climate," said Darrin Ginsberg, CEO of Super G Funding. “ISOs are having problems getting cash they need to grow their businesses and I am happy to provide this funding to the industry that I grew up in.”
Ginsberg has been in the merchant processing business for more than 20 years and has built and sold several successful ISOs. He understands the capital needs of a growing ISO.
Super G Funding loans are easy to obtain and can be arranged in as few as five business days.
"ISOs can use the money for whatever purpose they want, whether it’s money to expand their sales force, increase marketing, open a new office, buy equipment in bulk, upgrade their technology or buy out a partner,” Ginsberg said. “It doesn't matter."
Super G Funding offers an alternative to selling the most valuable asset an ISO has: its portfolio. Super G Funding can also purchase the portfolio if the ISO prefers a buyout instead of a loan, although they will first educate the ISO on the long-term benefits of borrowing versus selling.
Super G Funding will be attending the seventh annual Western States Acquirers Association trade show on October 13 and 14 in San Diego.
For more information about Super G Funding, go to http://www.SuperGFunding.com or call Darrin Ginsberg at 800-631-2423.