MotherFund, a merchant cash advance and small business service company based in Rockwall, TX, reported today that their new franchise and partnership financial product and newly started Umbiggio Farms are making a significant positive impact to the bottom line. CEO Jason Bishop says, “After a pretty lack luster 2011, we took a hard look at our product set. We worked with several of our close operators to tweak our financial offerings into programs that would have a meaningful impact to our merchants.” MotherFunds Franchise and Partnership products give newer operators the peace of mind that they will have enough money to stock their business, train their staff and have a working capital cushion.
The Partnership Program not only provides financial stability to the business, but also creates a reliable partnership between MotherFund and the operator, allowing the operator to focus on what he does best, running the business while MotherFund takes over accounting, payroll and other business services. Blue Tate from Blue’s Pub in Frisco, TX says,”The MotherFund Partnership program has allowed me to focus on customer service and menu development while having the comfort of knowing that MotherFund is handling the minutia that makes running a small business so difficult.” MotherFund still offers it’s traditional merchant cash advance products, but reports the new product set has excited their sales networks and is gaining traction. Bishop says, “Our submission numbers have tripled in the last three months.”
MotherFund also launched Umbiggio Farms in early 2012 with a focus on providing locally grown meat and produce to area operators. After spending the first half of 2012 developing local purveyor connections and getting the farm off the ground, Umbiggio Farms started actively selling it’s popular Hereford Burger to Dallas Area restaurants.
Bishop summarized, “We are really gaining momentum, I was honored in the 2012 Class of the Dallas Business Journal 40 under 40, we just had an article published in the Independent Factoring Association magazine and with all the sales channels finally falling into place, we are on pace to deliver record top and bottom line performance in 2012. It’s a great year to be a MotherFunder!”
MotherFund is a Texas-based company that provides alternative financial products and services for small businesses. The Company is a leading provider of creative working-capital solutions that allow businesses access to a consistently available source of money, for a variety of needs. These include seasonal merchandise, payroll, expansion, inventory, new equipment, and other requirements that keep the business growing.