New York, NY (PRWEB) October 11, 2011
Paramount Merchant Funding, a leader in facilitating merchant cash advances, has launched a new financial services website geared towards catering to the small business community. The company’s new site offers up a variety of funding programs that are built around the special needs and requirements of small to mid-sized companies. “Our clients range from the mom & pop neighborhood store operators to the restaurant franchisee with a chain of locations,” said the general manager of Paramount Merchant Funding.
“We pride ourselves in being flexible and creative in structuring our various financing instruments, so we offer a plethora of options that include merchant funding - our primary mode of funding - which enable a small business to borrow against future credit card receipts. In a merchant funding arrangement, we advance money to the small business based on their average monthly credit card revenue. With no credit requirements, collateral or personal guarantees from the owner; we can get cash into their hands in as little as three days.” In addition to our merchant funding program, we also offer small business loans and loans for working capital - that can be approved and issued within a few days of approval.”
“It should also be clearly stated that any merchant that takes advantage of our programs does not face the same stringent terms and penalties that they will face at any traditional source of funding (that’s, of course, if they could even get approved by these sources). To put it simply, we are paid when the borrower is paid. Paramount offers various payback methods ranging from fixed daily payments, Lock Box & ACH Programs. We challenge a small business owner with or without perfect credit to find a bank that will offer them funding on similar terms.”
About Paramount Merchant Funding
Paramount Merchant Funding can provide your business with funding of up to $250,000 per business location. An alternative to a traditional bank loan, we advance you cash today based off your future sales. There are no personal guarantees or collateral attached to the funding. This allows us to provide you with the working capital you need within 3 business days or less. There are no restrictions on how to use the money allowing you to grow your business hassle free.