Accelerated Technologies Holding Corp. Announces the Launch of Wholly Owned Subsidiary FinBridge Holdings Corp
March 29, 2018 at 02:10 pm
Accelerated Technologies Holding Corp. announced the launch of wholly owned Subsidiary FinBridge Holdings Corp. Finbridge intended to provide lower cost capital to alternative lenders operating & transacting in merchant cash advance (MCA) and other short-term micro financing environments. The market is currently estimated at $30 billion-$60 billion with $120 billion underserved. Finbridge Holdings' funding model provides ISOs with variable financing opportunities from $250,000 to $5,000,000. Currently, lower to mid tier Independent Sales Organizations (ISO’s) are predominantly funded by private equity. FinBridge intended to restructure and lead the funding to funders’ sector. Primary focus will be on those specializing on the Small to Medium Sized Businesses (SMB’s) lending channels. It will look to transform ISOs’ lending by making it efficient and convenient for ISOs’ to access on demand capital at lower rates. FBH technology and data science tracks ISO funding and credit facilities as well as the ISO’s customer acquisitions, sales, scoring, underwriting, funding, and servicing and collections. FBH has capabilities to assess the creditworthiness of targeted ISO’s and equally important their debtors, rapidly and accurately. Proprietary technology and analytics will aggregate and analyze thousands of data points from dynamic, disparate data sources, and the relationships among those attributes.