As Part of Ongoing Expansion Plans, Paramount Merchant Funding has Relocated its Operations to a New Office

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Paramount Merchant Funding has moved to larger facilities at 242 W. 36th St. in New York.

Merchant Cash Advances

Paramount Merchant Funding, LLC

Paramount Merchant Funding, a leader in facilitating merchant cash advances, recently signed lease agreements and relocated its operations to new office space on W. 36th Street - as a result of the company’s ongoing growth. The new office space represents an increase of more than 200% over the company’s previous space. According to Dan Smith, Managing Member, “we decided to make the move in order to be able to accommodate the addition of a number of new staffers. Currently, we have 25 people on staff, and we expect to increase that number to 35 during the next three months, and to 50 over the next two quarters.”

“As our merchant funding operations have become more and more successful, we have found it necessary to increase our staffing levels in order to continue to properly facilitate and manage funding for an ever-increasing client base. With tightened bank lending policies, we are intimately aware of the demand for operations that enable small businesses to meet their short-term cash needs through small business loans alternatives, and we are undertaking this expansion so that we may continue to be that source. By providing an upwardly mobile environment of consistent growth; we are able to provide a stronger base for our clients.”

The company’s new office space has been leased for a period of five years, with the company having moved into the space on the 15th of November. “With the new facility underway, we expect to be properly suited for the growth that we anticipate over the next several years and beyond,” added Dan. “This space will allow us to grow exponentially with our company’s client roster.”

About Paramount Merchant Funding
Paramount Merchant Funding is a merchant cash advance funding company based in Midtown, New York City. We provide capital to businesses in all 50 states, as well as Canada. The company was founded by two business partners, with a focus on providing their clients with a higher level of customer service and attention than was the industry norm at that time. Since its inception, while preserving this core value, Paramount Merchant Funding has grown and matured into one of the largest small business funding companies in the United States. Over 2,000 business owners have chosen Paramount as their source for funding in the past 3 years.

CONTACT:

Address:
242 W. 36th Street 14th FL
New York, NY 10018

Toll Free: 877-885-1505
Fax: 888-715-3737
Website: http://www.ParamountMerchantFunding.com
Email: info(at)paramountmerchantfunding(dot)com

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