Merchant Solutions of CT, LLC
Financial ServicesMassachusetts, United States11-50 Employees
Merchant Solutions of CT, LLC is a financial services company based in Springfield, Massachusetts. Established in 2007, it provides working capital to merchants by advancing funds against projected credit card sales. Repayment is made from a portion of daily credit card receipts, tying the financing to the business’s day-to-day performance. The arrangement offers an alternative to traditional bank loans for small businesses seeking capital. Targeting merchants and small businesses in need of flexible funding, the company provides capital based on anticipated credit card receipts rather than traditional collateral. It notes that its management and staff have many years of experience working with business owners. Positioned in the financial services sector, the firm focuses on cash flow based funding arrangements rather than standard lending. It operates from its base in Springfield, Massachusetts.