Hurricane Matthew Damages Local Business, 800fund.com Offers Working Capital
New York NY (PRWEB) October 17, 2016 -- Hurricane Matthew caused over 6 billion in damage and left more than 2 million utility customers without power. In South Carolina (833,000), Florida (673,000), North Carolina (457,000) and Georgia (276,000). 800fund.com, offers working capital to small and medium size businesses.
800Fund.com LLC a FinTech lender, specializing in short term working capital and business loan alternatives, has begun offering lower cost of capital programs in the affected regions. 800Fund will waive origination fees while introducing new incentives and rebates to businesses which were disrupted by Hurricane Mathew.
In Q2, 2016 800Fund launched their “800Fund Fast Funding” and “Response Working Capital” programs in an effort to help small businesses who are affected by natural disasters.
Additional programs have been created for business owners who are able to qualify for traditional bank loans. However due to the underwriting process and red tape usually associated with traditional bank loans and more so in disrupted regions. 800Fund will look to fast track the process for such businesses in need of fast, short-term capital to perform emergency work, repairs and inventory replenishment. Additionally they will have a rebate option making these types of cash advances more affordable and sustainable.
The rapidly growing provider of cash advances and other alternatives to traditional bank loans will provide up to 20 million dollars in business financing in an effort to help local merchants. The Company heavily relies on technology that enables 800Fund to provide business financing within 48 hours. 800Fund has also lowered its underwriting guidelines in an effort to help more business owners obtain the necessary capital to get through this very difficult time.
About The Company:
800FUND.COM LLC is headquartered at 30 Broad Street New York city, New York and has a number of affiliates in the U.S. and abroad. 800 Fund provides alternative lending solutions, merchant cash advances as a form of short-term micro financing, financing for expansion, working capital for inventory, business loan alternatives for construction, capital infusion for marketing, business loan consolidation, invoice factoring and purchase order financing for businesses operating in retail, mobile and online environments.
Headquarters:
800FUND.COM LLC
http://www.800fund.com
30 Broad Street, 28th Fl.
New York, New York 10004
800.908.8550 | 212.865.3863
Media Contact:
Edina Cekic
Employees: 50-100
Product and Services Offered:
MERCHANT CASH ADVANCE, WORKING CAPITAL, ALTERNATIVE FINANCING, BUSINESS LOANS ALTERNATIVES, SHORT TERM FINANCING, INVOICE FACTORING, PURCHASE ORDER FINANCING.
eric kuv, 800fund.com, +1 6462142889, [email protected]
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