Yellowstone Capital Funds $751,000 to Alfredo’s Trucking & Backhoe ServiceFebruary 25, 2012 | By: Sean Murray
Rumors flew last week in the Merchant Cash Advance (MCA) space about the closing of a deal for 750k. That was confirmed in a press release by Yellowstone Capital. Alfredo’s Trucking & Backhoe Service received a total of $751,000 in a single round of funding, a figure that far surpasses the average MCA provider’s maximum. It does not appear to be based off credit card sales but it is an exciting event all around. 2012 is shaping up to be a monster year.Last modified: September 28, 2013
Sean Murray is the founder of deBanked, an 11-year veteran of the merchant cash advance industry, a casual Lending Club and Prosper note investor, the co-founder of Daily Funder, an alternative lending speaker, consultant, writer, and enthusiast. Connect with me on LinkedIn or follow me on twitter.