Docstoc

Merchant Cash And Capital Surpasses Goals

Document Sample
Merchant Cash And Capital Surpasses Goals Powered By Docstoc
					Merchant Cash And Capital Surpasses Goals



Company has financed close to $500 million for clients.



New York, NY (USA) -- Merchant Cash and Capital ( http://www.merchantcashandcapital.com ), a
financing company that offers business cash advances, passed $10 million in funding for the first time in
a single month in November 2012, and more than 15 percent of that funding was for franchised
businesses. The company is closing in on $500 million in funding since its founding in 2005.



In correlation with their rapid growth, Merchant Cash and Capital has signed a lease to expand their
office in New York City. They will be adding 9,000 square feet to bring them to a total of 22,400 square
feet.



“This is an exciting time for Merchant Cash and Capital ( http://www.merchantcashandcapital.com ),
and we’re sure 2013 is going to be a great year for us,” said Seth Broman, vice president of business
development. “We are continuing to expand our business, especially by providing funding for
franchisees. Our traditional merchant cash advance program is still extremely valuable for small and
medium-sized business owners, and the cash advance financing program we released last year for
businesses that do not accept credit cards has been very successful so far. We are working on expanding
our services to meet the needs of business owners and expect some exciting announcements to come
this year.”



Merchant Cash and Capital ( http://www.merchantcashandcapital.com ) provides working capital to
restaurant, retail and service businesses through cash advances. Specializing in restaurants, learning
centers and schools, healthcare facilities, manufacturers, professional services and more, Merchant Cash
and Capital reviews an eligible company’s monthly revenue and provides them with a merchant cash
advance in as soon as 3-5 business days. Since its founding in 2005, MCC has provided nearly $500
million in funding across 22,000 transactions for more than 12,000 unique businesses.



MERCHANT CASH AND CAPITAL

450 Park Avenue South #11

New York, NY 10016
Contact: Seth Broman

Phone: 212-545-3185

Web site: http://www.merchantcashandcapital.com



Press & Media Contact:

Courtney Thomas

Sanderson & Associates, Ltd

450 Park Avenue South #11

New York, NY 10016 - USA

312-829-4350

Courtney@sandersonpr.com

http://www.merchantcashandcapital.com

				
DOCUMENT INFO
Shared By:
Categories:
Stats:
views:4
posted:2/9/2013
language:
pages:2
Description: Company has financed close to $500 million for clients.