Troy, MI (PRWEB) June 27, 2013
RetailCapital, an alternative specialty finance company that is a leading provider of merchant cash advances to small and medium-sized business owners, is moving its headquarters to a 10,000 square foot facility in its hometown of Troy, Michigan as it rapidly expands its product offering and market-share.
Since RetailCapital was founded in 2010, RetailCapital has quickly become a leader within the small business finance industry through offering a fast, simple, and flexible alternative to the traditional lending process.
In less than 3 years, the company has provided advances to thousands of Main Street business owners around the country and is experiencing a 700% growth rate year-over-year. The new headquarters will accommodate their growth plan as they continue to fill employment openings.
Ryan Rosett, CEO of RetailCapital, adds: “The company has decided to remain in Troy due to the strong small business presence in the area, as well as our growing relationships with community organizations such as the Troy Chamber of Commerce. Although RetailCapital serves a wide spectrum of businesses in all 50 states, we particularly love Metro-Detroit businesses because that is where we all personally reside. Providing capital and helping the stores at which we shop every single day gives us great pleasure as these Michigan-based companies grow and expand.”
RetailCapital is expected to complete the move by the end of July.
RetailCapital is an alternative financing firm that provides working capital solutions to small businesses that are unable to attain traditional bank loans. Founded in Michigan in 2010, RetailCapital has quickly grown to be one of the most prominent firms in the merchant cash advance industry through unparalleled customer service and value to its clients. Leveraging an innovative technology platform, RetailCapital considers a business’s health as whole when qualifying companies, and has provided short-term financing to thousands of small businesses around the U.S. RetailCapital also has partnership programs for independent sales organizations, organizations that serve small businesses, and franchises. For more information, please visit http://www.retailcapital.com, and follow RetailCapital on Twitter @retailcap.