Premium Merchant Funding’s mission is to provide a broad array of services and solutions for small businesses. PMF offers merchant cash advances, small business loans, SBA loans, equipment financing, factoring, purchase order financing and commercial mortgages nationwide.
Also to know is, is kabbage an MCA?
Unlike merchant cash advances, an online loan through Kabbage Funding provides ongoing access to business funding – take what you need, when you need it, and only pay fees on the amount you use. … Merchant cash advance companies typically don’t publish their interest rates and base them on the borrower’s credit rating.
Also know, what is merchant financing?
Merchant financing is technically an advance on future credit and debit card sales vs. a conventional business loan. At the end of each business day, a small portion of your daily sales is calculated (e.g. 2.5 percent), and that amount is automatically withdrawn and applied against the advance.
Who is reliant funding?
Reliant Funding is an online alternative lender based in San Diego. Since 2008, Reliant Funding has focused on providing short-term working capital to small businesses across the country via merchant cash advances. The company has provided nearly $1.7 billion to more than 10,000 businesses since its inception.