Latest news with #MondyFriendCapital
Associated Press
15-05-2025
- Business
- Associated Press
Mondy Friend Capital Offers Faster, Collateral-Free Alternatives to Traditional Loans
Mondy Friend Capital provides collateral-free credit conversion, serving over 2,500 businesses with AI-driven risk tools. Their model delivers capital in 48 hours, achieving an 82 percent client retention rate and BBB accreditation while targeting blockchain integration by late 2025. Winchester, Massachusetts, United States, May 15, 2025 -- Mondy Friend Capital (MFC), a fintech firm specializing in credit conversion services, now provides startups and small businesses with immediate working capital by converting existing credit lines into liquid funds—no collateral or lengthy approvals required. The BBB-accredited company has facilitated over $75 million in capital for 2,500+ clients since 2023, maintaining an 82 percent repeat client rate and a 4.9/5 TrustPilot score. This announcement comes amid tightening lending conditions, with the Federal Reserve reporting a 15% year-over-year decline in small business loan approval rates at large banks. MFC's model addresses this gap by enabling companies to unlock capital from unused credit limits, bypassing traditional loan requirements. Market Context and Service Differentiation MFC's credit conversion process transforms high-limit credit cards into upfront capital in as quick as 48 hours, avoiding interest accrual and equity dilution. The service targets industries like e-commerce, real estate and marketing agencies, where rapid liquidity is critical for inventory scaling or ad budget expansions. Key features include: Leadership Commentary and Client Impact 'Traditional lenders often leave viable businesses stranded during growth phases,' said Brittany Farley, MFC's Communications Director. 'Our model turns dormant credit into actionable capital, empowering clients to seize opportunities without sacrificing ownership.' A 2024 client case study revealed an e-commerce brand doubled its inventory capacity using converted credit, while a real estate flipper secured $500,000 for a time-sensitive property acquisition. Scalability and Compliance MFC operates with an 11 to 50 member team specializing in compliance and technical implementation. The firm's BBB accreditation since February 2025 underscores its adherence to transparency standards, including public refund policies and client-agreement disclosures. Eligibility requires a minimum $2,000 available credit limit, with no personal guarantees or revenue history mandates. Future Developments MFC plans Q4 2025 blockchain integration for secure cross-border transactions and ESG-aligned credit products for sustainable startups. Emerging markets in Southeast Asia and Latin America are key expansion targets. Visit Mondy Friend Capital to explore credit conversion solutions. About Company/Organization Name Founded in 2023 by industrial systems engineer J. Grey Friend and business management expert Loren Mondy, Mondy Friend Capital provides financial facilitation and business development consulting. The Winchester, MA-based firm combines fintech innovation with Silicon Valley-inspired scalability strategies. Contact Info: Name: Brittany Farley, Director of Communications Email: Send Email Organization: Mondy Friend Capital Website: Release ID: 89160105 If you encounter any issues, discrepancies, or concerns regarding the content provided in this press release that require attention or if there is a need for a press release takedown, we kindly request that you notify us without delay at [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 responsive team will be available round-the-clock to address your concerns within 8 hours and take necessary actions to rectify any identified issues or guide you through the removal process. Ensuring accurate and reliable information is fundamental to our mission.
Associated Press
24-03-2025
- Business
- Associated Press
Mondy Friend Capital Showcases New Credit Conversion Services in Bid to Revolutionize Business Financing, Celebrates 2,000+ Satisfied Clients
Mondy Friend Capital is a US-based financial solutions service that specializes in assisting startups and smaller companies. United States, March 24, 2025 -- Mondy Friend Capital is showcasing its latest services and trends for business credit conversion (also commonly known as credit liquidation), inviting business owners to convert high-limit credit cards into accessible working capital without traditional loan constraints. The company points out that the ongoing inflation and market shifts have made access to fast liquidity more critical than ever. 'We see businesses struggling because they can't access capital fast enough,' said Grey Friend, co-founder and CEO of MFC. 'MFC ensures they have the liquidity they need to grow, pivot, and scale—without waiting on banks or being limited by payment platforms.' The CEO added that the company's solutions are beneficial to real estate investors because they grant a secure funding for property deals, but also ecommerce brands that can Invest in inventory without high-interest loans, and marketing agencies that can scale ad budgets efficiently with fast business capital. 'Many business owners don't realize they already have untapped financial resources available through their credit. MFC's credit conversion services allow them to unlock that capital safely and efficiently, without the high costs of cash advances or merchant loans,' a company representative stated. 'Traditional lending options are becoming increasingly difficult for small businesses. Our credit conversion service provides a flexible, fast, and transparent alternative—giving business owners the financial freedom they need to grow.' Compared to traditional loans, MFC solutions have no lengthy approval processes and also don't require any collateral. This has helped Mondy Friend Capital garner over 2,000 customers and a flawless TrustPilot score with over 80% returning clients. The company representative added that alternative business financing methods are much more flexible when compared to strict requirements of traditional banks, while adhering to all legal requirements with complete transparency. 'MFC helped us turn available credit into working capital within days,' one satisfied client pointed out. 'Without their service, we would have struggled to meet payroll and invest in new inventory. It's a game-changer for small businesses.' Mondy Friend Capital is accredited by the Better Business Bureau (BBB), which the company proudly brandishes as a testament to its trust, transparency, integrity, and professionalism. The list of services available at Mondy Friend Capital includes debt restructuring and risk mitigation, liquidity and solvency assessments, optimization strategies for cash flow and expenses, and more. The MFC team has also launched partner collaboration opportunities for joint venture facilitation and co-branded marketing initiatives. All potential clients are invited to start the application at MFC and assess the objectives and opportunities during the initial consultation. This is followed by the strategic planning phase, in which the team will develop a plan for cash flow optimization while securing the necessary resources. Finally, the strategies are executed and the team will continue monitoring the situation and optimize based on performance metrics. Mondy Friend Capital was founded by CEO Grey Friend and CFO Loren Mondy. The team consists of eight people who take an outcome-focused approach for any business client. 'Having a passion for building something has always been a part of who I am. My motto is hard work, dedication, and striving to be the best person I can be; nothing really changes,' Friend stated. 'I strive for greatness, believe that anything is possible, and maintain a bit of delusional optimism—the rest will fall into place.' Helping startups and smaller companies is one of MFC's specialties, with a tailored approach to secure long-term growth. 'We don't believe in fluff or theory. Every suggestion we make is practical, actionable, and designed to drive real results,' the team stated, adding, 'We know every client is unique. That's why we take the time to deeply understand your goals, challenges, and opportunities, crafting solutions that are as individual as your business.' The team is open to working with companies in any industry branch, including tech, retail, hospitality, and professional services. 'We offer individualized strategies to ensure alignment with your business model, goals, and industry dynamics,' the company concluded. More information about Mondy Friend Capital and the company's services is available on the official website. Email: Send Email Organization: Mondy Friend Capital
