IRVING, Texas, June 23, 2015 (GLOBE NEWSWIRE) – Excel Corporation (OTCQB: EXCC), a leading provider of integrated financial and transaction processing services to small and medium-sized businesses in the United States today announced that ‘He recently appointed the advancing cash merchant, industry veteran Bret Martin, as president of his wholly owned subsidiary, Excel Business Solutions Inc., which will do business as Mom & Pop Merchant Solutions. Since 2008, Mr. Martin has founded and managed several successful businesses in the areas of merchant cash advances, transaction processing, independent sales organization (ISO) development and training. As a leading provider in the merchant cash advance industry, Mr. Martin has placed millions of dollars in global cash advances during this period. Prior to entering the Merchant Services and Merchant Cash Advances industries, Mr. Martin founded a large mortgage brokerage firm in the United States which he sold in 2006.
“In addition to his current ISO relationship with merchant cash advances, Bret has already built several large national distribution networks, both in the merchant cash advances and transaction processing market segments,” he said. said TA “Kip” Hyde, Jr., CEO and President of Excel Corporation. “Bret brings a broad perspective and in-depth experience to building our own organization to sell cash advances to merchants and will play a key role in developing our distribution capabilities in this important business segment.
Martin added, “The merchant transaction processing services that Excel provides to its clients go hand in hand with providing these same clients with much-needed funding flexibility that they simply cannot get with many banks today. ‘hui. Businesses of all sizes, especially small and medium-sized businesses (SMEs) need capital to grow and we can help them provide them with the money they need to achieve their goals. needs of the SME market. “
About Excel Corporation
Based in Irving, Texas, Excel Corporation provides integrated financial and transaction processing services to merchants across the United States. With Securus Payments, Excel is a single source for virtually all types of merchant payment processing, including the new Apple Pay mobile payment and digital wallet service from Apple Inc. For more information, visit www.securuspayments.com. Through Mom & Pop Merchant Solutions, Excel provides merchant cash advance products to its small and medium-sized business customers who need capital to grow. Go to www.mpbusinessfunding.com. Excel operates as a National ISO and Member Services Provider (“MSP”), using its own direct sales and marketing teams and fully integrated customer relationship management systems to promote and support its thousands of merchant customers. With over 160 employees and a nationwide network of independent sales representatives, Excel is one of the largest ISO / MSP companies in the United States.
The common shares of Excel Corporation are traded over-the-counter under the ticker symbol: EXCC. Additional information about the Company can be found at www.ExcelCorpUSA.com.
All statements of Excel Corporation in this press release that are not based on historical fact are “forward-looking statements” within the meaning of the PSLRA of 1995 and the provisions of Section 27A of the Securities Act of 1933, as as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the management of the Company has based all forward-looking statements contained in this document on its current expectations, the information on which those expectations were based may change. These forward-looking statements are based on a number of assumptions about future events and are subject to a number of risks, uncertainties and other factors, many of which are beyond the control of the Company, which could cause actual results differ materially from these statements. . These risks, uncertainties and other factors include, but are not necessarily limited to, those set out under the heading “Risk Factors” in the Company’s most recent Forms 10-K and 10-Q, and their modifications, as well as ‘other public filings with the SEC since that date. The Company operates in a competitive and rapidly changing environment, and new risks may arise. Therefore, investors should not rely on forward-looking statements as a prediction of actual results. The Company disclaims all intentions and assumes no obligation to update or revise any forward-looking statement.