ADVANCEME, INC. FINALIST IN 7TH ANNUAL 2009 AMERICAN BUSINESS AWARDS
Leader in Merchant Cash Advances Honored in Three Award Categories
ATLANTA - AUGUST 10, 2009 - AdvanceMe, Inc., the nation’s leading provider of Merchant Cash Advances, was recently named a Finalist for The 2009 American Business Awards in three categories: Executive of the Year - Financial Services, Best Overall Company of the Year and Marketing Campaign of the Year For a Service.
“The American Business Awards (ABA) is the nation’s premier business awards program. All organizations operating in the U.S. are eligible to submit entries to the Stevie Awards – public and private, for-profit and non-profit, large and small. Finalists were invited to the annual gala on June 22 at the Marriott Marquis Hotel in New York City. The ceremonies were broadcast on radio nationwide by the Business TalkRadio Network and hosted by Cheryl Casone of Fox Business Network.
More than 2,600 entries from companies of all sizes and in virtually every industry were submitted for consideration in more than 40 categories, including Most Innovative Company, Best Management Team, Best New Product or Service, Best Corporate Social Responsibility Program, Best Corporate Environmental Responsibility Program.
Since its inception, AdvanceMe has provided nearly $1.5 billion in working capital to more than 25,000 businesses across all 50 states, helping businesses in more than 500 industrial codes. Its customers rely on funding from AdvanceMe to manage and build their businesses without their owners having to pledge personal collateral or being subject to mortgage liens associated with loans. Three out of four eligible businesses choose to do business with AdvanceMe again.
Finalists were chosen by business professionals nationwide during preliminary judging in April through early May.
“Despite very tough economic conditions, many organizations and individuals continue to perform well,” said
Michael Gallagher, founder and president of The Stevie Awards. “The results of the 2009 ABAs thus far are a
testament to the resilience, creativity, and hard work of American organizations, executives, and workers.”
“Being named a Stevie Award finalist in not just one category, but three, is a tremendous achievement for AdvanceMe and its employees,” stated Glenn Goldman, President and Chief Executive Officer of Capital Access Network, parent company of AdvanceMe. “Our team works hard every day to support small businesses and their owners. Recognition from such as esteemed organization encourages us to continue serving small businesses, helping them to not only survive but thrive.”
Details about The American Business Awards and the list of Finalists in all categories are available at www.stevieawards.com/aba.
About Capital Access Network Inc.
Capital Access Network, Inc. (CAN) serves the small business market through its wholly owned subsidiaries, including AdvanceMe, Inc., the leader in Merchant Cash Advances. CAN leverages leading edge data, systems and technology, married to a unique and highly effective collection methodology, to deliver innovative financial products and services geared to the small and mid-sized business markets. Founded in 1998 and headquartered in New York, CAN and its subsidiaries currently employ 300 people in four locations in New York, Georgia, Massachusetts and Costa Rica. CAN's Data Services Division was formed to provide predictive analytics, scoring and other risk management tools to help quantify, control or reduce the exposure of those providing capital or credit to small and mid-sized businesses and to improve the marketing efficiencies of those who target such businesses. CAN's Data Services Division draws upon the data gathered by CAN's subsidiaries through 11 years of collecting and analyzing the sales trends and firmographics of tens of thousands of businesses to which they have provided capital or purchased future credit card receivables. Learn more at www.CapitalAccessNetwork.com.
