On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

NetworkNewsBreaks – Accelerated Technologies Holding Corp. (ATHC) Subsidiary Targets the Budding Alternative Finance Market

Company: Accelerated Technologies Holding Corp. (ATHC)
Category: Stock Spotlights

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://nnw.fm/0Bf29

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

More from NetworkNewsBreaks

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 212.418.1217