SOURCE: Kings Cash Group

Kings Cash Group

September 22, 2014 08:15 ET

Kings Cash Group Enters Cash Advance Arena, Makes Strategic Management Hire

NEW YORK, NY--(Marketwired - September 22, 2014) - With CEO and Chairman Michael Jaffe at the helm, Kings Cash Group has officially launched into the merchant cash advance market with the goal of providing the highest level of service and speed to ISO partners and merchants. In order to ensure a strategic advantage through top tier management, Michael Jaffe has brought on Albert Ghafi as a Managing Partner. Mr. Ghafi's knowledge of the MCA industry is deep, gained from time spent as a Manager of Business Development at several prestigious MCA firms, necessary experience required to propel a new firm to the top of the increasingly competitive alternative financing space.

Speaking on the importance of this new addition to Kings Cash Group management, Mr. Jaffe stated: "I feel highly optimistic that my colleague Mr. Ghafi will represent a significant advantage for Kings Cash Group. I have had the pleasure of working alongside him for years now, and I have been able to observe his commitment to business development as well as his integrity in his dealings with both ISO agents and merchants -- something which I feel confident will allow us to form fruitful relationships that are able to grow exponentially over time."

The MCA industry allows small businesses with damaged credit or the need for expedited capital to apply for financing simply and quickly, without the stringent credit requirements that are a feature of traditional small business loans. Kings Cash Group enters the space with the aim of providing the fastest turnaround to the largest possible segment of this market, with no state restrictions and financing options designed to accommodate the widest possible range of industry types.

Kings Cash Group is a direct funding company specializing in providing a full range of funding options to ISO brokers and merchants. By providing a one stop shop for alternative financing, Kings Cash Group allows affiliates the ability to quickly and effectively serve all of their client's needs with the ability to grow the relationship through convenient renewals.

Contact Information

  • Michael Jaffe
    Chairman & CEO
    Kings Cash Group, LLC
    Direct: (212) 547.0770
    Fax: (888) 400.6101