I was wondering if you could help me with something. I believe on one of The Green Sheet blogs/forums, there is a pie chart breaking out market share of different merchant cash advance providers. Do you happen to know where that can be found on the site? I'm having a hard time locating it.
Thanks so much for your help.
Intercontinental Payments Inc.
To my knowledge, we do not have a chart like the one you have described. However, "Cash advance leaders advance," published in The Green Sheet, May 12, 2008, issue 08:05:01, and archived on our Web site at www.greensheet.com/emagazine.php?issue_number=080501&story_id=742&search_string=Cash advance &search_string2=" target= may be of interest to you.
The article discuses the formation of the North American Merchant Advance Association Inc. and lists the organization's 10 founding member companies, which may have information on how much of the market each of them has cornered. To contact the NAMAA, visit www.northamericanmaa.org.
Also, Marc Abbey, Managing Partner at First Annapolis Consulting (www.firstannapolis.com) has researched the cash advance industry and may be able to provide the breakdown you are looking for or point you to someone who can. The company's phone number is 410-855-8500.
Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.Prev Next