2M7 Financial Solutions
Curated by SignalFintech firm offering merchant cash advances for Canadian businesses.
Overview
2M7 Financial Solutions operates in the fintech sector, focusing on merchant cash advances and alternative funding options for Canadian businesses. The company offers a lump sum of capital in exchange for a percentage of future sales, primarily derived from credit card transactions. This funding model enables a swift evaluation of a business's cash flow and sales history, which supports prompt funding decisions. The company targets businesses that have been operational for a minimum of 90 days and meet a specified monthly revenue threshold. 2M7 Financial Solutions aims to meet the demand for immediate working capital. The company employs a transparent fee structure and reports a high approval rating, providing a financing solution that varies with sales volume.
Key facts
- Founded
- 2008
- Headquarters
- Toronto, Canada
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 3 products and services
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- Commercial model
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Contact
- Primary office
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- Phone
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