New Merchant Cash Advance Program Helps Businesses Grow Without Changing Merchant Accounts

NEW YORK, July 25, 2011 /PRNewswire/ -- Merchant funding process becomes easier and more cost effective with Merchant Solutions Group's new Merchant Cash Advance Program enabling businesses to receive working capital cash advances within 3-5 business days.

Merchant Solutions Group, a privately held company, announced today a new merchant cash advance program for businesses, both online and off, aimed to help alleviate the strain of unavailable credit and loans from traditional banks. Merchant Solutions Group's new program does not require businesses to purchase expensive equipment or change their current merchant accounts, unlike other merchant funding programs.

Merchant Solutions Group's new approach provides growing companies with alternative small business loans usually within 3-5 business days of application. There are no hidden costs associated with applying or getting started with a new merchant funding working capital cash advance.

"We're all about providing our clients with the working capital they need to grow their business, not having them incur additional expenses by purchasing additional processing equipment, paying setup fees or wasting time changing merchant accounts," said Merchant Solutions Group's William Morrissey.

"Our program offers a fast and convenient way for business owners to get the cash they need to run their company. It is not a business loan, which means no checks to write, no fixed monthly payments, and none of the restrictions/excessive documentation typically associated with a bank loan."

Merchant Solutions Group's approval rates are much higher than a bank loan and funds are typically wired to your business account within 5 days. Repayment is based on a small fixed percentage of your future Visa and MasterCard receipts until the pre determined payback amount is satisfied (see http://www.merchantsolutionsgroup.com)

Merchant Solutions Group's proprietary approval process allows Merchant Solutions Group's merchants to enjoy high approval rates and funding within 3-5 days.

Qualification is easy:

• Have you been in business for at least 1 year?
• Is your monthly Visa/MasterCard volume at least $2,500?
• Are all prior bankruptcies resolved?
• Do you have at least one year remaining on your current retail lease?
• If you answered yes to these questions then you should apply.
• Online applications are available at http://www.merchantsolutionsgroup.com

"Restaurants, Service Companies, Retail Stores and Professionals such as Attorneys and Consultants are using our service to leverage their monthly credit card receivables (http://www.merchantsolutionsgroup.com) to help grow their businesses during these rough economic times," said Morrissey. "And since our minimum month credit card volume is only $2,500 our clients range from small consulting firms to multiple location retail companies looking to expand their reach, invest in marketing, or help cover additional personnel expenses."

About Merchant Solutions Group's

Merchant Solutions Group(MSG) (http://www.merchantsolutionsgroup.com) offers an unparalleled cash flow product for small businesses. Funding sources, such as home equity lines, cash out home refinances and credit card increases that were prevalent in recent years, are no longer available to the small to mid-size business owner that is in need of working capital to grow their business. The good news is that MSG is still able to facilitate a cash flow solution that works for the small to mid-size business owner, even when traditional avenues cannot. Our cash advance program, also known as factoring, holds a strong advantage over traditional lending sources.

SOURCE Merchant Solutions Group