Wednesday, June 4, 2008

Merchant Cash Advance Provider Fast Capital Ceases Operations

It appears that merchant cash advance provider Fast Capital has ceased operations. It is rumored that another merchant cash advance provider will be managing their existing portfolio / customer base for their lender, Goldman Sachs. It will be interesting to see the outcome of this.


Anonymous said...

they have been on their last leg for quite a while now. Weren't they cut off from their primary lender back in November?

Anonymous said...

Yes, I had just finished some Access database work for them, and can't locate them for payment. grr..

Anonymous said...

I have a merchant that says she recently borowwed from Fast Capital in September? I've been looking for a contact number and can't find one. Any ideas?