Velocity Group USA Funds Over $75 Million to Small Businesses In Year One

Velocity Group USAMelville, NY — Velocity Group USA earlier this year announced it had raised $100 million through an equity facility. The new facility has catapulted the organization to the front line of the Merchant Cash Advance Industry.

Through various channels, Velocity has been able to originate deal flow that has performed substantially better than the market standard. This has allowed Velocity to maintain a sub 4% default rate while operating in the 2nd through 5th position arena.

Velocity Group has been able to achieve higher levels of growth due to partnerships with some of the most reputable ISOs in the MCA space and its proprietary software platform powered by Performance Media. Anchored by state-of-the-art technology, Velocity can service its ever-growing book of business expeditiously, while using advanced algorithms to price deals in under 30 minutes. Velocity’s platform has been adopted by a multitude of MCA participants with great satisfaction.

A company spokesperson said, “We look forward to the new year and want to thank all of our partners, staff and Performance Media for their continued success and would like to wish all a Happy Holidays!”

About Velocity Group USA
Velocity Group USA is based in Melville, NY.
Phone: 631-201-0703
Email: info@velocitygroupusa.com
Web: https://velocitygroupusa.com/