BOCA RATON, Fla., Feb. 22, 2019 /PRNewswire-PRWeb/ -- Boca Capital Partners (BCP), a leading provider of business financing services, announced that it has provided a $650,000 credit facility to a West Coast independent sales office (ISO). In addition to financing, the ISO will utilize the full suite of BCP's affiliate, TouchSuite, for its merchant services resources and proprietary onboarding technology.
BCP made funds available to this high-growth merchant services provider, as part of a 30-month variable interest rate credit facility. This transaction closed within a month and will enable the ISO to expand to over $1MM of capital based on residual growth. This West Coast ISO focuses on providing proprietary payment software solutions for business owners, e-commerce gateway integrations to manage online stores, and a variety of POS equipment.
"Boca Capital Partners' experience working with ISOs and expertise in the merchant services industry enabled their team to quickly put together a scalable credit facility that met the needs of its client. BCP's credit facility gives us the financing needed to continue growing the business and creates value for our merchants." said the CEO of the ISO.
"We appreciate the company choosing our creative lending structure over other capital source providers." said Richard Feldman, Chief Corporate Development Officer at Boca Capital Partners. "We look forward to supporting our client's future growth and helping them achieve further financial success."
Headquartered in Boca Raton Florida, Boca Capital Partners is an international provider of business financing services. With over 15 years in the industry, BCP has the resources in place to grant access to the maximum amount of financing needed by ISO's and agents to expand their business. BCP is committed to providing superior financial solutions through residual based capital lending programs and innovative technology. For more information, please visit http://www.bocacapitalpartners.com.
If you would like more information or to discuss a transaction with BCP, please call (844) 544-6483, or email info(at)bocacapitalpartners.com
SOURCE Boca Capital Partners
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