Montreal, Quebec – Advanceit, the first and largest Canadian Merchant Cash Advance company, has signed data share agreements with over 70% of the Canadian debit and credit card processing market including; Moneris, Global Payments, Cardex/ Pivotal Payments, Collective POS, Federated Payments Canada, Monex, POS West and IdTel. Receiving merchants’ data directly from the processor means...
Montreal, Quebec – May 16, 2008 – Cesef Financial Corporation (CFC) announced today that they have changed their name to Advanceit Financial Corporation. The name Advanceit best reflects the company’s core business – advancing money to small and medium sized Canadian businesses by purchasing future debit and credit card receivables. The decision came after the Advanceit team realized that...
Montreal, Quebec – CFC, the first Canadian company to offer merchant cash advances, is now partnering with Canadian ISOs to provide businesses with financing based on their future debit and credit card sales. CFC was formed in June 2006 as the sister company to Cardex Corporation, Canada’s leading payment processor, to help merchants grow by offering them cash advances on their future debit...