Net Element Partners with Power Capital Direct to provide Small Business Loans to Merchants
Net Element, Inc. (NETE)
Last net element, inc. earnings: 11/14 08:30 am
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Source: GlobeNewswire
The partnership will benefit thousands of merchants through the newly approved CARES act benefits and generate a new source of revenue for the Company MIAMI, FL, April 09, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), e-commerce and mobile devices, today announces its partnership with Power Capital Direct to provide small business loans to its merchants. Power Capital Direct is a boutique financial services company specialized in providing financing solutions to small and medium size companies nationwide. Their management team has over 30 years of banking, management and investment experience. Power Capital Direct works with several approved SBA lenders nationwide and will work with the Company to support its merchants in obtaining financing. The recently
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