(PRWEB) May 15, 2014
Principis Capital announces new extended funding program for top performing industry segments. After a rigorous evaluation, in early 2014 Principis identified specific industry categories that qualify for longer expected durations. These industry categories will receive offers that range from 25% to 50% higher than they have received in the past. These enhancements apply both to the credit-card processing advances, as well as Principis’ “Total Deposits” advances. ‘In our efforts to better serve the small business community in the United States and Canada, we are now offering higher dollar amounts, with the same retrieval percentages, for industry segments that have proven their consistency and sustainability,” stated Jane Prokop, CEO at Principis Capital.
The healthcare industry is one of the biggest beneficiaries of this new program, as well as business services, retail food and day care. Nick Del Deo, Vice President of Sales at Principis, commented that “we have a responsibility to our merchants and business partners to develop the best product offerings to meet their needs -- particularly as alternative financing continues to grow in today’s marketplace.”
Principis Capital is an established leader in providing small businesses the working capital they need, regardless of credit history. Currently serving thousands of businesses in the United States and Canada, Principis enables merchants in all industries to get a fast business loan alternative to take advantage of new opportunities for growth. Principis works with all merchants, including those who have no collateral, bad credit, or who have been previously turned down by a bank. Learn more about Principis Capital here.