Badge Doubled Volume in February

Top Quote The Merchant Cash Advance industry networking organization experienced a month over month increase in volume of 100%. More small businesses are being serviced financially than ever before and February's figures are setting the tone for a strong year in 2012. End Quote
  • New York, NY (1888PressRelease) March 09, 2012 -, powered by Raharney Capital is reporting a stunning increase in volume for the most recent month of February. The amount of small businesses that are utilizing the service has doubled in only a month's time. Riding the wave of that success, we have been able to land several new strategic partnerships.

    Small businesses looking for a traditional Merchant Cash Advance of $5,000 or more can do so with a lower cost of financing. However, a surprising segment of the demand has been from businesses doing more than $150,000 a month in total revenues, most of whom rely on cash, check and bank wires as the payment method for their incomes.

    In 2012, Merchant Cash Advance is a term used more broadly. Credit card processing is playing less of a role in how deals are structured. Those larger businesses can now use our service to obtain funding up to $2 million and the acceptance of credit cards is not necessary at all. That's four times our previous cap of $500,000.

    We are very excited to be able to help both the small mom-and-pop shops and the multi-state retail and service conglomerates at the same time. In both cases, the underwriting process can be completed in under a week. It is truly something special because we're not only eager to invest in the private sector, but also accomodate small businesses when their opportunities are time sensitive. One of the drawbacks of using a bank is the waiting period. If an approval takes three months, there might not even be a need for the capital anymore.

    We're looking forward to great March and a fantastic 2012. There is no better time to apply. via Raharney Capital, LLC is a financial networking service, not a lender.

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