As one of the largest players in the Merchant Cash Advance (MCA) industry, Merchant Solutions Group prides itself on helping small business owners, many of whom are not served by traditional financial institutions, meet their needs for working capital. Since 2007, Merchant Solutions Group provided more than 5,000 business owners with access to over $100,000,000 million in funding through its innovative product offering.
Merchant Solutions Group's growth and longevity are testaments to its ability to supply owners with the funds needed to sustain and expand their businesses, providing fuel to the engine of the nation's economy and stimulating economic development. Three out of four eligible customers return for future fundings, evidence of Merchant Solutions Group's superior processes that incorporate 5 years of data gathering to support responsible funding.
Merchant Solutions Group started with a handful of independent salespeople and has since grown its distribution channels to include an in-house Telesales Team, a nationwide Direct Sales Team of employees and Independent Sales Organizations, a website (www.MerchantSolutionsGroup.com) as well as National Sales partners. Employees of Merchant Solutions Group and its affiliates now number more than 60 people in 3 offices -- NYC , Chicago and Los Angeles
"We are thrilled to reach the $100,000,000 mark serving the small business community. Businesses continue to show the need for the Merchant Cash Advance product. Requests for working capital are growing, especially with the tightening credit markets affecting the entire nation," explains Billy Morrissey founder and President of merchant Solutions Group. He continues: "Merchant Solutions Group takes its responsibility within the industry very seriously. We will continue to assist owners that possess solid business and management models with access to the capital needed to thrive. And we will continue to do it responsibly, setting the bar for industry best practices."