SCOTTSDALE, Ariz., Aug. 25, 2015 /PRNewswire/ -- Small businesses are the bedrock of commerce in the United States, with approximately 28 million in existence according to the Small Business Association Office of Advocacy. Carmen Asset Management, an investment and advisory firm based in Scottsdale, Arizona, is helping ensure the success of small business owners by matching them with the funding they need to take their business to the next level.
"Consumers and small businesses are our client foundation," said CEO and founder Chris Kay. "Our unwavering commitment to them is proven through not only providing capital, but investing in their future. We truly believe in the spirit of entrepreneurship and the impact small business owners have on our economy."
Carmen Asset Management, which has 10 years of experience in providing business owners with short-term working capital loans within the online lending space, has created a simple process for small businesses to obtain capital from investors. After completing and submitting a simple application, small business owners can receive their funding in as few as 24 to 72 hours.
"Small businesses are the driver of innovation and economic growth in this country, accounting for 64 percent of the net new jobs created between 1993 and 2011," Kay said. "For us, it's our goal to keep small businesses thriving in local communities — and help them plant roots of future growth — by connecting investors with small businesses and emerging markets."
Carmen Asset Management works directly with small businesses that are cash-flow positive, have a current monthly income of $10,000 per month, and have been in operation for more than 6 months. If the business meets these criteria, they can be approved for a small business loan — regardless of personal credit history.
"Just like us, we work with investors who are passionate about investing in people and their ideas," Kay said. "Being able to be part of providing a bright future for not just a small business owner, but a local community is incredibly gratifying. That's one of the reasons we make accessing capital as seamless and stress-free as possible."
About Carmen Asset Management
Carmen Asset Management is an investment fund that delivers proven results within the merchant cash advance and business loan space, driving exponential value for its stakeholders by offering capital and advice for development to small businesses. The company manages money invested in business loan portfolios, and its investments in successful entrepreneurs have produced a proven track record of stable growth and returns. For more information about Carmen Asset Management, visit http://www.carmenassetmanagement.com.
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SOURCE Carmen Asset Management