15 December 2017
visit www.ebaday.com

Worldpay partners Can Capital on small business working capital

26 February 2015  |  2232 views  |  0 Source: Worldpay

Worldpay, a leading global provider of payments technology and services, and CAN Capital, the market share leader in alternative small business finance, announced today a renewed relationship to offer merchants fast, efficient access to working capital so they can grow and manage their businesses while preserving cash flow.

Through CAN Capital, pioneers of the Merchant Cash Advance (or MCA) and Daily Remittance Platform, Worldpay merchants gain access to flexible finance programs that are easy to manage. This allows merchants to increase inventory, purchase new equipment or even open new locations quickly and with cash-flow friendly terms.

“As the leaders in modern money, we are committed to providing our customers value beyond reliable payments processing, such as access to unique financial solutions they otherwise wouldn’t have,” said Worldpay US Chief Marketing Officer Patti Newcomer.

According to CAN Capital Chief Marketing Officer James Mendelsohn, CAN Capital uses innovative and proprietary risk models combined with daily performance data to evaluate business performance and facilitate access to capital in a quick and efficient way.

“CAN Capital has provided small businesses with access to more than $4.7 billion in capital,” added Mendelsohn. “Through our advanced technology, funds can be sent to Worldpay merchants in as little as 3 business days. Our speed and convenience means small business owners can focus on running their businesses instead of spending time searching for working capital.”

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.thomsonreuters.infovisit www.atos.netvisit www.ebaday.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
10038 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9449 views comments | 17 tweets | 36 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
6885 views comments | 19 tweets | 20 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6265 views 0 | 4 tweets | 2 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
5806 views comments | 5 tweets | 26 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job