Terence Hooper's Contact Details

Terence Hooper's Company Details

AdvanceMe, Inc.

Scarsdale, NY, US • 250 - 499 Employees
Financial Services

AdvanceMe, Inc. (AMI) is the nation's leading provider of Merchant Cash Advances to small and mid-sized businesses, providing capital to healthy but under-served businesses without the time, documentation and availability issues associated with a loan. AdvanceMe invests in small and mid-sized businesses by purchasing a portion of their future credit card sales. These assets, which lenders and other traditional financial institutions do not value, help business owners to access capital quickly and easily without leveraging their homes or other personal assets. AdvanceMe also helps partners - vendors, financial institutions and associations - meet their goals by enabling them to better satisfy the needs of their clients.  Vendors – sell more products because they have another funding option for their customers  Financial Institutions – provide second chance funding to clients whose loan requests have been declined  Associations – retain more members by offering an additional value added benefit – access to working capital  Merchant Processors – increase appeal and retention by offering a true product differentiator