Accelerated Technologies Holding Corp. (OTC: ATHC) employs
its venture capital services model by providing guidance, infrastructural
support and investment capital to portfolio companies with disruptive ideas. An
article discussing the company reads: “That approach is already underway at its
Finbridge subsidiary. The fintech company was set up to provide capital to
alternative lenders, with receivables between $2 million and $5 million,
operating in the merchant cash advance and other short-term micro loan
environments by factoring their receivables. These alternative lenders include
independent sales organizations (ISOs) that market debit and credit card
processing services to merchants on behalf of credit card member banks. An ISO
will provide ongoing customer service to the merchant once the account has been
activated and, in many instances, some degree of funding, for which it is
compensated. However, as a result of providing credit, its cash resources fall
and receivables build up on the balance sheet. Consequently, if origination of
merchant accounts is to continue, access to short term funding is vital. The
factoring services provided by Finbridge can play a crucial role in ensuring
that ISOs have the funds to facilitate new merchants.”
To view the full article, visit http://ibn.fm/vRMf1
About Accelerated Technologies Holding Corp.
Accelerated Technologies is a full-service end-to-end
business solution and technology company that specializes in cloud-based
disruptive technologies. The Company provides consulting and enterprise-level
technology services and is developing its own disruptive technology products in
the sectors of artificial social realities, short-term alternative funding
platforms, electronic payment solutions, and blockchain technologies focused on
social engagement, sports, entertainment and content creation. ATHC and its
economies of scale enable the Company to develop technology at reasonable costs
while leveraging expertise and contacts for effective execution. ATHC’s
investment domain and expertise lies in consumer Internet, cloud computing and
software-as-a-service (SaaS), mobile software and services, software-powered
consumer electronics, infrastructure and applications software, networking,
storage, databases and other backend systems. For more information, visit the
company’s website at www.ATHCorp.com
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