Merchant Advance Capital

lendingsme financing

FOUNDING YEAR: 2009
LOCATION: Canada
Last Update: 01/05/2020

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About

Merchant Advance provides smart financing options to small businesses. It enables users to raise collatera- free working capital for their business needs. It offers alternative financing options that converts future debit/credit card sales into immediate cash which can used for various purposes like inventory purchases, marketing and advertising.

Focus

PRODUCTS & SERVICES

It offers various financing options like: Flex Solution: The Flex Solution small business loan program turns the merchant’s future cash flows into immediate working capital that can be used immediately. It requires no collateral and automatically adjusts repayment to match the applicant’s business cycle. Fixed Solutions: Fixed Solutions is applicable for businesses who may not have debit/credit sales and prefer a fixed payment option like traditional loans. Business Line of credit: It offers an unsecured line of credit to businesses on the basis of their performance of the business, rather than relying solely on credit scores or business assets.

People

FOUNDERS

David Gens

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Comvest Partners

KEY EMPLOYEES:

David Gens (CEO)

Momentum

FUNDED

NO

LISTED

NO

BASICS

FOUNDING YEAR:

2009

LOCATION:

Canada

Views:

49 VISITORS | 64 VIEWS
TOTAL EMPLOYEES
11-50

About

Merchant Advance provides smart financing options to small businesses. It enables users to raise collatera- free working capital for their business needs. It offers alternative financing options that converts future debit/credit card sales into immediate cash which can used for various purposes like inventory purchases, marketing and advertising.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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