(PRWEB) March 04, 2014
Principis Capital, a leader in alternative financing to small businesses, announces the expansion of their Total Deposit Advance (TDA) product to include Canada. Principis has been helping Canadian merchants secure funding for many years with their credit-card based financing product. Now, “TDA allows us to provide capital to many more business types as a merchant does not need to process credit cards to be eligible,” states Jane Prokop, CEO of Principis.
Alternative financing for small businesses is generally less widely available in Canada than in the United States. Principis is proud to be one of the few providers who are active in the Canadian market. The TDA expansion into Canada gives Principis the ability to work with a broader range of merchants. Small businesses in Canada wrestle with many of the same issues as those in the U.S., and Principis Capital is there to help small businesses when they encounter roadblocks in obtaining capital from traditional sources such as banks. According to VP of Sales, Nick Del Deo, “we have a full range of merchant financing programs to fit virtually any merchant, ranging from premier merchants to those with severe credit issues.”
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 prides itself on working 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.