Vantiv and AmeriMerchant To Offer Working Capital Solution To A Potential 400,000 Merchants

Vantiv (formerly Fifth Third Processing Solutions) along with National Processing Company (NPC), a Vantiv subsidiary, announced today they will be offering a merchant cash advance solution provided by AmeriMerchant to their nearly 400,000 merchants they support. For more information on this merchant cash advance / working capital partnership, please click here.

North American Merchant Advance Association (NAMAA) announces New Members And Officers

The North American Merchant Advance Association (NAMAA), a 501c non-profit industry association that provides guidance and helps influence and shape the merchant cash advance industry through leadership, education and the sharing of information, announced today the addition of four new members to its organization as well as the election of new officers. For more information on this story, click here.

NAMAA is the only industry voice for the merchant cash advance industry and currently represents 80%+ of the largest merchant cash advance providers in the industry. NAMAA also offers risk management tools to allow merchant cash advance providers to reduce their default rates from merchants that have previously defaulted with other merchant cash advance providers.

Note: David Goldin, editor of this blog is also the President of the North American Merchant Advance Association.