Fast Funding Equity program is a concept that will change how business owners look at obtaining capital.
Las Vegas, NV (PRWEB) September 11, 2012
Merchant Cash Groups new funding platform, Fast Funding Equity, will be released this month to business owners and Independent Sales Organizations (ISO)/agents. The program is designed to provide merchants with steady cash flow through the purchase and sale of their future credit card receivables in an innovative manner similar to an equity line.
Merchant Cash Group is a private funding company that offers financial solutions to businesses with sub prime credit, by allowing merchants to leverage the business’s future receivables and purchasing them at discount. This fall Merchant Cash Group will be expanding on its Fast Funding platform by introducing Fast Funding Equity. Fast Funding Equity program is a new funding option for business owners, where Merchant Cash Group will offer up to a year of an owner’s Visa ®/MasterCard ® receivables. The receivables purchased will be released in eight equal disbursements spread throughout the course of a year.
“Merchant Cash Group’s introduction of the new Fast Funding Equity program is a concept that will change how business owners look at obtaining capital to grow their company. The eight disbursements provide a security net for business owners and allow them to be able to expand their business or pay off debt without the fear of depleting their cash reserves, “explains Heather Francis Director of Business Development and Client Acquisitions at Merchant Cash Group. “Another great advantage to the clients is that after the initial disbursement of funds there is no further action required on their part as the subsequent funds are automatically released on the agreed upon dates. This element eliminates the of reapplying again for capital, which allows the clients to focus on running their business and not applications. “
Heather goes on to state, “ This new funding program is set up to help business owners and our ISO’s alike. The new program comes with the benefits of higher ISO commissions, higher contract amounts, set schedules for renewals, no renewal contracts or documentation, and locks in revenue for a year. Merchant Cash Group Fast Funding Equity Program is scheduled to be released to our established ISO in the next week and then will be presented to the rest of the market throughout the month of September.”
Business owners that are interested in this type of funding product may inquire with Merchant Cash Group at 1-866-610-6569 or check out their website http://www.merchantcashgroup.com. All ISO or sales agents looking to add this to their sales package may contact Heather Francis at heather(at)merchantcashgroup(dot)com or ext 31.