Franchise Payments Network (FPN), the only comprehensive electronic payments processing company to focus on the franchise industry, has announced the launch of its Merchant Cash Advance Program for franchise owners who are in need of working capital to grow their business.
Known in the franchise industry as the leading provider of payments processing services, the new Merchant Cash Advance program offers franchise owners a way to receive working capital by tapping into their future credit card sales volume.
“The Merchant Cash Advance Program creates a viable option for franchise owners who need capital,” said Thomas Epstein, president and CEO of Franchise Payments Network. “Whether it’s for a store remodel, upgrade, or to open an additional unit, franchisees now have access to an additional line of credit versus dipping into personal savings or tapping into a line of credit at a bank.
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