Worldpay, a payment technology and services company, and CAN Capital, a provider of alternative capital for SMBs, have renewed their relationship to offer merchants access to additional working capital.
CAN Capital uses proprietary risk models combined with daily performance data to evaluate business performance and facilitate access to capital.
Worldpay merchant clients can gain access to finance programs through the Merchant Cash Advance and Daily Remittance platforms, positioning them to increase inventory, purchase new equipment or open new locations with cash-flow friendly terms.
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“CAN Capital has provided small businesses with access to more than $4.7 billion in capital,” said James Mendelsohn, Chief Marketing Officer at CAN Capital. “Through our advanced technology, funds can be sent to Worldpay merchants in as little as three business days. Our speed and convenience means small business owners can focus on running their businesses instead of spending time searching for working capital.”
