NEW YORK, Feb. 08, 2017 (GLOBE NEWSWIRE) -- In response to the devastating tornadoes that ravaged parts of New Orleans and surrounding areas yesterday, 800Fund.com announced that it will be offering MCA funding to impacted small businesses in the areas within the State of Emergency declared region. In addition to offering funding to impacted business owners in need of capital to restart their operations, 800Fund.com will also be offering early repayment discounts to those entitled to insurance claims.
Felix Gershkovitch, 800Fund.com President, says, “Our hearts and prayers are with those affected by the tornadoes within New Orleans yesterday. 800Fund.com stands ready to provide working capital with the lowest factor rate cash advance to business owners in the affected areas. In light of this situation, we will be easing some of our approval guidelines, as well as offering various discounts to provide much needed funding for business owners in order to put both their businesses and the lives of their loved ones back together as quickly as possible.”
800Fund.com will expedite the applications and funding to affected businesses. Eligible small businesses must be located within one of the parishes impacted within Louisiana, were in business on February 7, 2017 and meet basic 800Fund.com funding requirements.
800Fund.com understands that small businesses are the lifeblood of any community. For this reason, the company furthers its commitment to support and service their small to medium-sized business clientele while powering local economic growth by way of providing alternative lending solutions to traditional banking. It's a fairly simple concept, if the businesses flourish, so do their communities.
For more information on how 800Fund.com can help your small business, please visit www.800fund.com or call (212)865-3863.
ABOUT 800FUND.COM:
800Fund is a leading merchant cash advance and short-term alternative lender to small- and medium-sized businesses. It is headquartered at 30 Broad Street, New York, NY. For business owners interested in information on alternative funding services, please visit 800Fund.com.
After over a decade of finding ways to approve business owners that have long faced the struggles of securing funding through banks and other lenders, 800Fund.com prides itself in its “1 to 1” program that starts at just $1,000 and advances up to $1 million with working capital repayment terms from 30 days to 24 months. In addition to this specially designed program, 800Fund.com simplifies and expedites a traditionally lengthy process with swift decisions and same- or next-day financing in order to meet the needs of today’s small to medium-sized businesses.