RapidAdvance Signs Cash-Advance Deal With Sage Payment

Published May 20, 2011, 10:39 a.m. EDT

Updated May 20, 2011, 9:39 a.m. EDT

1 Min Read

Merchant cash-advance provider RapidAdvance LLC will provide funds to merchants through ISOs associated with Sage Payment Solutions under a deal the companies announced May 17.

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The relationship will allow merchants to enhance and strengthen their businesses and provide Sage Payment’s ISOs with working capital to support and grow their merchant base, Jeremy Brown, CEO of Bethesda, Md.-based RapidAdvance, said in a press release.

Sage Payment is the payments division of Sage North America, an Irvine, Calif.-based subsidiary of the United Kingdom-based Sage Group PLC. Sage provides business software.

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