Business
Excel Corporation Hires Industry Veteran to Lead New Merchant Cash Advance Sales Operation: "Mom and Pop Merchant Solutions"
Excel Corporation Hires Industry Veteran to Lead New Merchant Cash Advance Sales Operation: "Mom and Pop Merchant Solutions".
About this update from Excel Corp
[{"type":"text","content":"\nIRVING, Texas, June 23, 2015 (GLOBE NEWSWIRE) -- Excel Corporation (OTCQB:EXCC), a leading provider of integrated financial and transaction processing services to small and medium size businesses throughout the United States today reported that it recently named merchant cash advance industry veteran, Bret Martin, as President of its wholly-owned subsidiary, Excel Business Solutions Inc., which will do business as Mom & Pop Merchant Solutions. Since 2008, Mr. Martin has founded and run several successful companies in the merchant cash advance, transaction processing, Independent Sales Organization (ISO) development and training businesses. As a leading provider within the merchant cash advance industry, Mr. Martin has placed millions of dollars in aggregate cash advances over that period. Prior to entering the merchant services and merchant cash advance industries, Mr. Martin built a large U.S. mortgage brokerage firm which he sold in 2006.\n\n\t\"In addition to his current merchant cash advance ISO relationships, Bret has previously built several large, national distribution networks, both in the merchant cash advance and transaction processing market segments,\" stated T. A. \"Kip\" Hyde, Jr., CEO and President of Excel Corporation. \"Bret brings a broad perspective and deep experience to building our own merchant cash advance sales organization and will play a key role in developing our distribution capabilities in this important business segment.\"\n\n\tMartin added, \"The transaction processing merchant services that Excel provides to its customers go hand-in-hand with providing these same customers much needed financing flexibility that they just can't get with many banks today. Businesses of all sizes, especially small and medium size businesses (SMBs) need capital to grow and we can help provide them with the money they need to achieve their goals. I am excited to be joining the Excel team and leveraging their dynamic customer base and national sales infrastructure to help serve the financial needs of the SMB marketplace.\"\n\n\tAbout Excel Corporation\n\n\tHeadquartered in Irving, Texas, Excel Corporation provides integrated financial and transaction processing services to merchants throughout the United States. Through Securus Payments, Excel is a single source provider for virtually all types of merchant payment...