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Payment Alliance International Signs With AdvanceMe, Inc.
Emerging Leader in Payment Sector Expands Product Line With Trusted Merchant Cash Advance Provider
| Source: AdvanceMe, Inc.
ATLANTA, GA--(Marketwire - June 5, 2007) - AdvanceMe, Inc. (AMI), the nation's foremost
provider of Merchant Cash Advances for small and mid-sized businesses,
today announces that Payment Alliance International (PAI) will offer
AdvanceMe's Merchant Cash Advance product to its customers. AdvanceMe's
best-in-class funding product is quickly becoming recognized as one of the
most "business-friendly" forms of working capital available today.
PAI, a growing force in today's payments industry, offers its customers a
wide array of services including credit card, check, ATM, and business
information services. AdvanceMe's funding approach integrates access to
working capital with credit card processing, making it a natural fit with
PAI's products and services which go beyond typical merchant solutions.
"From the beginning, PAI has strived to provide new and updated products
and services that provide the most value to our customers," says John J.
Leehy III, chief executive officer of Payment Alliance International. "Our
corporate strategy goes beyond adding merchants; we also work to identify
partners that can provide maximum value to our ISOs, Banks and other
customers. Providing access to Merchant Cash Advances allows PAI to
continue to differentiate itself by providing valuable business services to
our customers."
AdvanceMe became the recognized leader within the Merchant Cash Advance
category by understanding the financial situation and challenges small and
mid-sized businesses face, and then developing predictive analytics that
maximize approval rates while minimizing risks.
"We believe our Merchant Cash Advance offering will be a great benefit to
PAI's clients and are pleased that one of today's fastest growing payment
companies believes we can complement their existing services," notes Glenn
Goldman, chief executive officer of Capital Access Network, the parent
company of AdvanceMe, Inc. "We are focused on consistently providing the
payment industry with the confidence and reliability they seek from a
funding source," concludes Goldman.
About PAI
Payment Alliance International (PAI) is a leader in the payment processing
industry offering credit card, check, ATM, and business information
services. Created by leading payment executives, PAI has become one of the
fastest growing companies in America. PAI is based in Louisville,
Kentucky. For more information, please visit www.PaymentAllianceINTL.com.
About AdvanceMe, Inc.
AdvanceMe, Inc. in Kennesaw, GA is the nation's leading provider of
Merchant Cash Advances to small and mid-sized businesses. Since 1998,
AdvanceMe has made almost 40,000 advances, providing more than 15,000
business owners in all 50 states with more than $750 million dollars in
working capital. Owners use AdvanceMe capital to renovate, purchase new
equipment and supplies, fund advertising, manage unexpected expenses and
seasonal downturns and free themselves from second mortgage liens and
personal guarantees associated with loans. For more information about
AdvanceMe's innovative working capital product, call toll-free
1-866-838-5097 or visit www.AdvanceMe.com.