SOURCE: eProdigy


March 10, 2015 08:00 ET

Capital Stack Is Now eProdigy, Serving the Alternative Finance Industry Through Technology

NEW YORK, NY--(Marketwired - Mar 10, 2015) - A long established leader in the merchant cash advance space, Capital Stack has reorganized its companies under one parent entity, eProdigy. The company has integrated its direct funding, servicing and ACH products within one unified platform that services the alternative finance industry from end to end.

eProdigy's platform helps small and midsized businesses in nearly every industry obtain the working capital they need to grow, in three easy steps; with decisions in five minutes and funding from $1,000 to $250,000 available for delivery on the day of approval.

In addition, eProdigy is redefining the standard for outstanding service. The company offers its partners a state-of-the-art, cloud-based solution that's the most comprehensive in the industry, giving direct funders, ISOs, brokers and syndicates the tools they need to manage and fund deals with confidence. To that end, automated underwriting, reporting and account servicing are brought to bear under eProdigy's platform. The company's data reporting, daily analytics, system integrations and unique matching capability provide a complete view of potential merchants and help its partners manage their deals every step of the way.

Technology is Key
David Rubin, founder and CEO of eProdigy said, "As the merchant cash advance business has evolved, it has become clear that technology is the key enabler for creating and maintaining seamless service for all of the industry's facets. eProdigy's core value is a technology-driven capability, from which our products and services emerge."

Mr. Rubin also noted, "By restructuring our companies under eProdigy, we aim to provide a complete range of products and services relevant to the merchant funding life cycle, while maintaining a strong system of checks and balances."

About eProdigy
eProdigy provides a suite of services to the alternative finance industry through a proprietary online platform. We work with funders, ISOs, syndicates and brokers to provide a comprehensive servicing tool that allows our partners to manage their deals seamlessly. eProdigy is redefining the way small and midsized businesses access working capital with technology that offers merchants a five minute decision and same day funding. Our companies include: Capital Stack, 1Workforce, ACH Capital, eProdigyACH DBA ACHBanking, eProdigy Loans, and Daily Funder.

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