During these uncertain times, Credit Cash wants to reassure all of its constituents that because of its large balance sheet, and conservative underwriting, it continues to lend to both existing clients and new ones. Although other players in the merchant advance space have lost their funding, or been crippled by losses, Credit Cash is in the fortunate and enviable position, of being well capitalized and ready to pursue new opportunities. When we started lending against future credit card receipts, most industry players thought that our rates were too low to sustain our mission. Over the past four years, we have learned a lot. But having funded over a hundred clients, representing over a billion dollars in sales, we are happy to say with confidence that our model works!
