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
Sean Murray is the President and Chief Editor of deBanked and the founder of the Broker Fair Conference. Connect with me on LinkedIn or follow me on twitter. You can view all future deBanked events here.