Announcing Our New Partnership with Clearent
NEW YORK, NY – July 30, 2013 – Fora Financial, a financial services firm providing innovative working capital solutions to small businesses, today announced its partnership with Clearent, one of the nation’s fastest-growing credit card processors in the United States. Together, Fora Financial and Clearent will offer a one-stop shop for merchants needing an infusion of cash to help sustain or build their business.
Fora Financial is now Clearent’s preferred funding provider and offers businesses cost-efficient financing solutions, including merchant cash advance, small business loans and revenue advance programs. Clearent, based in St. Louis, Miss., will increase Fora Financial’s exposure with a national sales footprint and proven reputation.
Our partnership with Clearent illustrates the impact we are having on businesses and allows us to offer lower-cost financing solutions due to Clearent’s merchant volume.
“The need for cash advance in the current credit market is critical for small business success,” said Dan Smith, Fora Financial Managing Partner. “Our partnership with Clearent illustrates the impact we are having on businesses and allows us to offer lower-cost financing solutions due to Clearent’s merchant volume.”
Fora Financial’s online tool is exclusively available to partners such as Clearent. This software delivers a competitive advantage with benefits including online applications, real-time underwriting and automated contract generation. It ensures the process is both transparent and efficient for partners and merchants alike.
Dan Geraty, CEO of Clearent, said, “We have a trusted working relationship with Fora Financial. They take an efficient, transparent approach to servicing the industry, just like we do. The offerings through our new alliance allow us to not only acquire new customers, but also to offer another valuable service to our existing merchants.”