Newport Beach, CA (PRWEB) April 17, 2016
Super G Funding, LLC, (“Super G”) the market leader in ISO lending and BlueSquare Resolutions (“BlueSquare”), the market leader in acquiring ISO portfolios have formed an exclusive partnership to provide unmatched liquidity options to ISO's and Agents and to launch a collective platform for ISO’s and Agents to get greater value out of their business.
The pioneering ISO capital providers launched this platform by creating a strategic partnership with Jeff Brodsly, CEO of Chosen Payments, a Los Angeles based First Data ISO. Under Jeff’s leadership, Chosen has been named to First Data’s Presidents Club for the last four years and has has established long-term partnerships in vertical markets and the ISV community. This partnership has given Jeff the ability to continue to scale his successful model and to educate other ISO’s on the benefits of joining a larger team with greater resources.
Brodsly said, “After entertaining multiple strategic partnership offers, Super G and BlueSquare offered the best combination of capital, vision and growth in which Chosen Payments is excited to play a go-forward part in. It is no secret that all ISOs can use better pricing, better support, better technology, financing, and/or advisory services. This strategic partnership provides small and mid-sized ISOs with resources to better compete with large ISOs, and other payment processors, and I look forward to being an integral piece in adding other like-minded ISO’s to our team.”
Recognizing the increasingly complex needs of today’s ISO to stay competitive, this strategic partnership can now customize liquidity options and growth services for ISOs including:
- Acquisition capital to purchase portfolios or sub-agent residuals
- Marketing capital to purchase terminals or fund marketing campaigns
- Purchase ISO residual streams of any size and on any platform
- Outsourced back office functions to reduce office and personnel overhead
- Allow ISO’s to focus on new sales when our staff handles the rest
- Tax efficient sale strategies
- Determining if a loan or sale is right for you
- Providing short and long term exit plans
- Maximizing the hard work each ISO puts into their career
Darrin Ginsberg, CEO of Super G Funding, a 23 year payment processing veteran, added “Jeff Brodsly’s Chosen Payments was the obvious initial ISO partner to launch our new platform. After mentoring Jeff for several years and observing his drive, passion and hard work, we are excited to come together and bring us all to the next level.”
BlueSquare Resolutions, led by CEO Sabin Burrell, is one of First Data’s largest ISOs. Sabin commented, “I’ve done over 50 transactions in the past few years and Chosen Payments has been on our radar as a leading ISO to work with. Jeff is a rising rock star in payments and his vertical market partnership approach is among the best growth strategies in payments today”.
Burrell added, “Since 2008, Super G and BlueSquare have purchased and sold in excess of $100 million dollars of portfolios. We have also loaned almost $90 Million to 600+ ISOs in amounts ranging from $25,000 to $5 Million. Collectively we now have the ability to accommodate almost any capital need and term, along with a full service FIVE STAR back office support system to grow our ISO and sales Partners”.
The strategic partnership is launching at Transact 2016 in Las Vegas on April 19 and the parties will be looking for others to join their winning team.