Latest news with #MerchantCashAdvances
Associated Press
2 days ago
- Business
- Associated Press
VIP Capital Funding Scales Rapid Business Financing to Support Rising Late-Summer Demand
Raleigh, North Carolina--(Newsfile Corp. - August 19, 2025) - Amid rising market demand this late summer, VIP Capital Funding announces the nationwide expansion of its rapid business financing solutions, aiming to help companies capture growth opportunities and benefit from renewed economic momentum. Small and mid-sized businesses across the United States can now secure same-day working capital loan ranging from $25,000 to $15,000,000. The launch aligns with August market trends that show heightened demand for growth capital, underpinned by stronger consumer spending and a more favorable business lending environment - making this expansion especially timely. [ This image cannot be displayed. Please visit the source: ] To view an enhanced version of this graphic, please visit: Explaining the move, Vice President of VIP Capital Funding, Mr. Carlos Hernandez said, 'Our goal is simple - we want to give business owners immediate access to the fastest, most flexible business loans in the industry, exactly when they need it. Whether it's for expanding operations, investing in equipment, addressing urgent cash flow requirements or leveraging seasonal demands, we believe financing should be quick, less stringent and hassle-free.' These unsecured business loans are approved in as little as 24 hours. Borrowers can complete the application process online and require only some essential documents for verification. As informed by the Founder & Head of Strategic Funding of VIP Capital Funding, Mr. Joshua E Triplett, 'Oursame-day working capital loancomes with several features and benefits for its borrowers. They can enjoy exciting early payoff discounts up to 10 - 35% with no penalties or fees levied.' 'Additionally, a 100% interest waiver is applicable upon refinancing after repaying 50% of the principal amount. What makes this reliable working capital solution hassle-free is its unsecured nature. Funds are sanctioned based on cash flow of the businesses; no collateral is required,' added Joshua E Triplett. One of the trusted financial institutions in the United States, VIP Capital Funding has expanded its rapid business financing nationwide to further address Merchant Cash Advances (MCA) debt. For many SMBs, constant payments and heavy interest rates often place significant strain on cash reserves. The new business loan is customized to consolidate multiple MCA debts into a single loan, offering borrowers more manageability, clearer repayment terms and improved financial stability. Mr. Carlos Hernandez highlighted some of the major benefits of MCA debt consolidation, including reduced interest rates, predictable monthly payments, enhanced cash flow and minimized stress. According to him, 'Cash flow management is among the most crucial aspects of a company's growth. Expensive MCA debts can, however, lead to increased payment defaults and legal complicacies. That's where VIP Capital Funding's same-day working capital loan comes in, allowing borrowers to save up to 60% on their existing repayment outflow.' Apart from MCA debts, small and mid-sized enterprises can utilize the funds for marketing & advertising, payroll, renovations, partnerships, and a host of other purposes. Interested applicants can check their eligibility and apply for quick business loan online. The form requires basic details such as name, contact number, average monthly business revenue, required loan amount, etc. Once submitted, they'll receive a call from a funding specialist to discuss requirements elaborately and get funds disbursed in account within 24 to 48 hours. About the Company: A reputed national Fintech lender based in the United States, VIP Capital Funding specializes in making working capital solutions faster and hassle-free, especially for small and medium enterprises. They cater to diverse industries, including automobiles, retail, healthcare, construction, education, restaurants, pharmaceuticals, general contractors, waste managements and more. With speed, transparency and client success, the company has served over 10,000 clients since 2017. They have earned an A+ BBB rating and maintains a 4.7/5 average review score across major platforms like Trustpilot and Google. Contact Details: Carlos Hernandez, Vice President, VIP Capital Funding Email: [email protected] Phone: 800-735-7754 Website: BBB A+ Accredited Business To view the source version of this press release, please visit
Associated Press
3 days ago
- Business
- Associated Press
Business Debt Ninjas Offers Relief for Small Businesses Struggling with MCA Debt
Business Debt Ninjas helps small businesses reduce Merchant Cash Advance (MCA) debt by up to 80% without new loans or upfront fees, offering a quick path to financial relief for struggling entrepreneurs. United States, August 18, 2025 -- The MCA Challenge Facing Small Businesses Small businesses across the United States are encountering significant challenges due to Merchant Cash Advances (MCAs), which are marketed as quick solutions for cash flow issues. While they promise fast access to funds, these advances often come with high interest rates, sometimes exceeding 200% annually, and daily automatic withdrawals from business revenue. As a result, many business owners find themselves stuck in a cycle of increasing debt, unable to make progress. In many cases, the issue is not one loan, but several stacked MCAs, which create a mounting financial burden that is unsustainable. Business Debt Ninjas, a company specializing in helping businesses address MCA debt, is offering a solution to help entrepreneurs break free from this cycle. A Unique Approach to Debt Reduction Business Debt Ninjas focuses on helping small business owners reduce their MCA debt by up to 80%. The company does this without requiring new loans or upfront fees. Instead, Business Debt Ninjas negotiates directly with MCA lenders to secure significant reductions in outstanding debt, offering small business owners a path to financial relief without further borrowing or long-term payment obligations. 'We're not here to manage your debt—we're here to eliminate it,' said Andy Fox, spokesperson for Business Debt Ninjas. 'Our clients want fast relief, and that's exactly what we deliver.' Reshaping Debt Relief for Small Business Owners Traditional debt relief methods, such as debt consolidation or bankruptcy, often involve long-term payment plans or shifting the debt burden without actually reducing it. In contrast, Business Debt Ninjas employs a proprietary approach that focuses on quickly and effectively reducing the debt. Their model has helped over 1,100 small business owners reduce their debt by 60-80%, with most cases resolved in 48 to 90 days. The company's process has provided immediate relief to businesses burdened by daily MCA withdrawals, offering entrepreneurs a chance to regain control over their finances. Real Success Stories Business Debt Ninjas has helped businesses across multiple industries regain financial stability by negotiating substantial debt reductions. A family-owned restaurant in New York reduced its $120,000 MCA debt to $72,000, saving $48,000 and keeping 12 employees on payroll. A trucking company in Houston successfully reduced its $85,000 debt to $51,000, freeing up $34,000 for vehicle maintenance and fuel costs. Similarly, an auto repair shop in Chicago reduced $65,000 in combined MCA and equipment financing debt to $39,000, ensuring the business stayed operational. 'Every settlement represents a family that gets to keep their business, employees who retain their jobs, and communities that continue to benefit from essential local services,' Fox said. 'We're saving the American Dream, one business at a time.' A Different Philosophy in Debt Relief Business Debt Ninjas aims to protect small businesses from burdensome financial practices. The company works to negotiate better terms with MCA lenders, helping entrepreneurs avoid the challenges often associated with traditional lending practices. Fox explained, 'The MCA industry often provides financing on terms that are difficult for small businesses to manage. We're here to change that by returning money to entrepreneurs and supporting their success.' No Upfront Fees, No New Loans Business Debt Ninjas stands apart from other debt relief companies by offering a transparent payment structure: no upfront fees, no new loans, and no credit checks. Clients only pay for services once their debt has been reduced, ensuring that Business Debt Ninjas is fully invested in the success of each business. 'We only succeed when our clients succeed,' Fox said. 'If we don't deliver, we don't get paid. This model ensures we focus on achieving the best possible outcome for every client.' This approach makes debt relief accessible to businesses that traditional financial services have overlooked. Many of Business Debt Ninjas' clients have credit scores below 600, and have previously been rejected by banks, making the company their final option before bankruptcy. Expanding to Help More Small Businesses As Business Debt Ninjas continues to grow, the company plans to expand its services to help businesses facing other types of financial challenges. They are also developing educational resources to help entrepreneurs avoid falling into debt traps in the future. 'Our ultimate goal is to level the playing field for small businesses and ensure that entrepreneurs have the tools and support they need to succeed,' Fox said. About Business Debt Ninjas Business Debt Ninjas is a debt relief company that specializes in helping small business owners reduce MCA debt through effective negotiation and strategic debt reduction. With over 1,100 successful cases and an average debt reduction of 60-80%, Business Debt Ninjas has become a leader in helping businesses regain financial stability without resorting to bankruptcy. The company charges no upfront fees and operates on a results-based payment structure. Media Contact: Andy Fox Spokesperson, Business Debt Ninjas Email: [email protected] Website Contact Info: Name: Andy Fox Email: Send Email Organization: Business Debt Ninjas Website: Release ID: 89167462 In case of detection of errors, concerns, or irregularities in the content provided in this press release, or if there is a need for a press release takedown, we strongly encourage you to reach out promptly by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our efficient team will be at your disposal for immediate assistance within 8 hours – resolving identified issues diligently or guiding you through the removal process. We take great pride in delivering reliable and precise information to our valued readers.
Associated Press
10-02-2025
- Business
- Associated Press
Breakout Finance Achieves Fifth Consecutive Year of Growth in Term Loan Originations
Steady 50% Year-Over-Year Average Growth Rate Since 2020 Fuels Success for Alternative Business Lender CHARLESTON, S.C., Feb. 10, 2025 /PRNewswire/ -- Breakout Finance (the 'Company' or 'Breakout'), a leading provider of tailored working capital solutions, today announced its fifth consecutive year of growth in term loan originations. Since its inception in 2015, the Company has originated more than $500 million in loans for borrowers in nearly all 50 states, and continues to redefine the process of securing short-term financing for its business clients. By leveraging advancements in technology and developing a niche as a trusted alternative to costly Merchant Cash Advances (MCAs), the Company has enabled businesses to optimize cash flow, bridge financial gaps and achieve meaningful growth. Breakout has sustained an impressive 50.5% average annual growth rate in loan origination volume since 2020, an accomplishment driven by its cutting-edge technology and strategic market positioning. Its innovative underwriting platform has allowed the Company to expand capacity without increasing overhead, keeping its process agile and competitive in the fast-paced U.S. fintech business lending market. 'Achieving our fifth consecutive year of growth in loan originations is a significant milestone for our team,' said McLean Wilson, President and CEO of Breakout. 'We've built a strong foundation by hiring exceptional talent capable of developing the technology, streamlining our operations and deepening relationships with key referral partners. This milestone reflects both the strength of our team and the trust our clients and partners have in us.' Beyond its technological edge, Breakout sets itself apart by prioritizing transparency and trust in an industry often marked by skepticism. The Company has carved out a distinct identity as the trusted partner to banks, factors and asset-based lenders, helping clients consolidate expensive debt and achieve financial stability. With a proven strategy, robust technology and a dedicated team, Breakout is setting ambitious goals for 2025 and beyond. 'We've built a well-oiled machine and are prepared to scale,' said Wilson. 'Our focus now is to take Breakout, and our borrowers, to even greater heights in the coming years.' About Breakout Finance Breakout Finance is an alternative business lender based in Charleston, South Carolina, with a focus on tailored working capital solutions that cater to the specific needs of its small business clients across the country. The Company streamlines the process of securing short-term loans, allowing clients to efficiently optimize cash flow and bridge financial gaps for business growth. In addition, Breakout provides invoice factoring solutions for businesses to unlock liquidity from outstanding invoices for operational expansion.
