CFG Merchant Solutions has filed a notice of an exempt offering of securities to raise $20,000,000.00 in New Debt Financing
According to filings with the U.S. Securities and Exchange Commission, CFG Merchant Solutions is raising $20,000,000.00 in new funding. Sources indicate that as part of senior management Chief Financial Officer, Richard Polgar played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About CFG Merchant Solutions
CFG Merchant Solutions is a U.S. based specialty finance, and alternative lending platform focused on providing capital access to small and mid-sized businesses (Merchants) in the United States that have historically been undeserved by traditional financial institutions and may have experienced challenges obtaining timely financing. The Company uses its historical transactional data, proprietary underwriting, predictive analytics, and electronic payment technologies and platforms to assess risk, and provide access to flexible and timely capital. CFGMS targets small to medium-sized businesses that intend to use proceeds in order to grow their businesses. Whether a business is looking to purchase inventory or equipment, bridge seasonality, support expansion, or invest in marketing and advertising, CFGMS can cater a working capital solution that meets those needs.
To learn more about CFG Merchant Solutions, visit http://cfgmerchantsolutions.com/
Contact:
Richard Polgar, Chief Financial Officer
844-663-3467
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