New York, NY (Vocus) November 22, 2010
Paramount Merchant Funding, a leader in facilitating merchant cash advances for retailers, has announced its new effort to reach retailers in need of immediate cash to handle the thanksgiving shopping rush. As the holiday nears, the company is moving forward with a push to increase awareness among small business owners who may find themselves in need of extra funds to increase inventories, pay for last minute marketing, renovations etc. “We at Paramount Merchant Funding realize that with the onslaught of the holiday shopping season, many small to midsized retailers can often find themselves falling behind demand, and as the laws of supply and demand go; if you can’t keep up with demand - clients will find another source of supply,” says a company spokesperson.
“It is our mission, during this season, to keep business owners on top of things by making sure that they have an ample resource for working capital that is timely to get into their hands on and easy to obtain. With us as a source of unsecured funds, the merchant can get their cash in as little as three days, and pay it back very painlessly a little at a time through a small percentage of their future credit card receipts. And, to get the cash in hand, the retailer doesn’t have to prepare a business plan, credit application or financial statements - they don’t even have to explain what the cash is for; they simply have to have a few months of operational history, process at least $4000 per month in credit card transactions and have no recent bankruptcies. With those simple requirements, we can get them the cash when they need it - which around this time of year - is probably right now.”
Paramount Merchant Funding has a history of helping small business owners to reach success by providing them with a resource for working capital to stay afloat during the occasional cash flow crunch. The company is a small business-friendly provider of immediate funds that have facilitated expansions, renovations and business survivals all over the country.
About Paramount Merchant Funding:
Paramount Merchant Funding can provide you with Merchant Funding of up to $250,000 per business location. An alternative to a traditional bank loan, we advance you cash today based off of your future credit card sales (Visa, MasterCard, American Express, Discover, and Debit Cards). There are no personal guarantees or collateral attached to the merchant cash advance. 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.
Paramount Merchant Funding
261 W. 35th Street,
New York, NY 10001
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