800fund LLC, a Merchant cash advance provider, announced an additional investment of one million dollars. The $1,000,000 in signing bonuses will be used to expand the already experienced staff of 800 Fund. Funds will be focused on aggressively building out teams of dedicated individuals, to provide the much needed business loan alternative services. To facilitate the growing demand for its cash advance and working capital programs, the Company is staffing an additional 30 funding specialists. More merchants are finding the fast funding options offered by alternative lenders like 800 Fund to be a valuable financing source.
“SMB’s are seeking new and renewing existing short term business loan facilities.” Said a FinTech industry specialist. The rapidly growing alternative lender 800fund.com LLC is expanding its service offerings to new verticals. This expansion plan calls for 800 Fund to offer up to $100,000 per sales manager as a signing bonus. In addition, qualified sales representatives with experience and clientele will receive up to $25,000 upon signing.
An 800 Fund executive stated “The Company is heavily investing in its people, technology, and the U.S. economy. We are making cash advances and providing working capital for small and midsize businesses in a more affordable and sustainable structure.”
800 Fund provides alternative financing for expansion, working capital for inventory, business loan alternatives for construction, capital infusion for marketing, business loan consolidation, invoice factoring and purchase order financing for businesses operating in retail, mobile and online environments.
The company is expanding to new markets, but this time into even higher risk financing which includes automotive, travel and jewelry related industries. The new verticals will provide financing opportunities for service based businesses, luxury retailers including jewelers and a number of other businesses, which are currently unable to obtain business loans or other financing.
800 Fund has been heavily investing in human assets, technology, and marketing in their pursuit of creating new markets. The company is providing entrepreneurs and job seekers with new opportunities.
About 800 Fund
800 Fund is headquartered at 30 Broad Street New York city, New York and has a number of affiliate offices throughout the country and abroad. The company provides alternative financing for expansion, working capital for inventory, business loan alternatives for construction, capital infusion for marketing, business loan consolidation, invoice factoring and purchase order financing for businesses operating in retail, mobile and online environments.
To find out more about them please call 800.908.8550, 212.865.3863 or www.800fund.com
Company Name: 800FUND.COM LLC
Contact Person: Edina Cekic
Phone: 800 908 8550
City: New York
Country: United States