United Capital Source Provides Medium-Sized Business With $1,250,000


Last modified: September 28, 2013
By:

United Capital Source Funds $1.25 Million DealThe Merchant Processing Resource (MPR) has learned and confirmed that New York based funding provider, United Capital Source (UCS) has provided financing to a medium-sized business in the amount of $1,250,000. While the parties have requested to keep certain specifics of the arrangement under wraps, the business is involved in the sale and repair of highly specialized equipment, and has operations and headquarters in multiple states.

While it was not structured in the traditional Merchant Cash Advance sense, it is believed to have been set up with fixed payments. UCS has received a lot of attention in the last six months due to the wide variety of clientele they are servicing. With deals ranging from a few thousand dollars to over a million, they are quickly becoming a top choice for any business in need of capital.

MPR has been doing research to quantify the size of the Merchant Cash Advance industry. In a recent article, the term itself was redefined. We’ve known for some time that there were some larger advances/loans being done within the space but not all of them are being publicized. What we’ve discovered is that it is not unusual for deals to reach as high as $2 million. The recent media attention on CNN and FOX is also an acknowledgment that the Merchant Cash Advance concept has penetrated the mainstream and is no longer an alternative, but the standard.

- The Merchant Processing Resource
http://www.merchantprocessingresource.com

Article by:
Sean Murray


Interested in assembling industry best practices and setting the stage for longevity? Join me at:





Category: merchant cash advance, MPR Authored, syndicated news

Home Merchant Cash Advance United Capital Source Provides Medium-Sized Business With $1,250,000

You might also like:
Merchant Cash Advance 2nd Quarter 2011 Stats

The Stigma of Merchant Cash Advance?

$4 Million Merchant Cash Advance Funded by Strategic Funding Source


STORIES FROM THE INDUSTRY TRADE JOURNAL

Adding new products [to MCA] adds new legal concerns

So You Want to Participate? Merchant Cash Advance Syndication

When will the [alternative business lending] bubble burst?

Publisher: Merchant Processing Resource

313 words

Previously in Merchant Cash Advance:

Aug 23, 2011
Sean Murray

P2P Merchant Cash Advance Model Already Exists

Posted on December 23, 2010 at 6:02 PM Just a few weeks ago, we covered a story on how the Merchant Cash Advance(MCA) industry was evolving towards the Peer 2 Peer Lending Model. Apparently we were very right. We envisioned a future live marketplace that resembles Prosper.com and today discovered the closest thing so far: [...]

Keep Reading