Texas-Based MotherFund Offers Special Financial Service to Small Businesses During Economic Uncertainty
© Business Wire 2008
MotherFund Sherri Smith, 469-402-1211 firstname.lastname@example.org
MotherFund, a leading provider of working capital and creative financial solutions for small businesses nationwide, today announced the current economic uncertainty and government bailout discussions in Washington have no impact on the availability of financing for their clients or others in need of monetary support.
“The situation in our national economy is very difficult right now,” said Jason Bishop, Chairman and CEO of MotherFund, “but small businesses that need capital for planned growth, equipment, inventory, seasonal expansion or other activities just can’t put everything on hold while Washington and Wall Street discuss the problem. The lifeblood of small business is working capital, and if banks, credit unions and other financial institutions are afraid to act, where can the business owner turn?”
MotherFund provides specialized financing, including what is often called a merchant cash advance for small businesses. This financing allows firms to have access to a consistently available source of money for daily business needs, merchandise management, expansion, and other requirements that keep the business growing. “Our funding sources are not tied to the roller-coaster of the stock market,” says MotherFund’s Bishop. He continued, “We are not hunkering down, or turning our backs on our customers. Business owners don’t have time to wait for the arduous and prolonged process of obtaining a bank loan, when a business situation requires immediate action. With the current economic concerns, imagine how long an owner would have to wait to get the funding they need.”
MotherFund is taking special steps to ensure that its service team is available to respond to all requests for information, and will extend normal business hours if the situation warrants it.
Established in 2007, MotherFund is a Texas-based company that provides a variety of financial products and services for small businesses, primarily in the retail sector. Several of its products are based on accounts receivable financing or factoring. This form of financing puts a business’ financial assets to work and assures that the firm will have consistent financial resources to meet business fluctuations.
More information is available at www.MotherFund.com
Financing Available for Small Business Needs Regardless of Wall Street Crisis and Banking Fears