Square’s Merchant Cash Advance Program Now Among Biggest in the World
Square originated more than $400 million worth of merchant cash advances advances in 2015, according to their Q4 earnings report. Their average deal size was just shy of $6,000. The result is a 300% increase year-over-year and makes them one of the largest players in that industry worldwide.
|Company Name||2015 Funding Volume||2014 Funding Volume|
|PayPal Working Capital||$900,000,000||$250,000,000|
|Fundry (Yellowstone Capital)||$422,000,000||$290,000,000|
|Strategic Funding Source||$375,000,000||$280,000,000|
A much longer list will be available in deBanked’s March/April 2016 Magazine Issue. SUBSCRIBE FREE to make sure you obtain a copy.Last modified: March 10, 2016