More Canadian small and mid-sized businesses now have access to a flexible and convenient way of accessing working capital loans
MONTREAL, Sept. 24, 2015 /CNW/ - Thinking Capital, Canada's leading source of funding for small and medium-sized businesses (SMBs) and CT-Payment, a major Canadian payments solution provider, today announces a new partnership and the full integration of Thinking Capital's technology platform to CT-Payment's network. With the service expansion launching at the CT-Payment 2015-2016 ISO conference held in Toronto on September 24th these financial technology leaders are committed to transforming traditional lending and increasing the availability of funding sources for merchants across the country.
"We choose our business partners carefully and this collaboration with CT-Payment is important to our growth in the alternative financing space in Canada," said Peter Mazoff, President and Co-Founder, Thinking Capital. "This partnership speaks to the power and scalability of our technology, and the rapid pace at which alternative funding is becoming the preferred option for small businesses to get the capital they need to grow."
"We share a common vision with Thinking Capital in that access to funding is critical for supporting small merchants and fueling their growth," said Denis Robert, President and Chief Executive, CT-Payment. "Through our new partnership and network integration we can now provide our ISO channel and strategic partners with a value-added solution for their merchants and new revenue stream for their business."
About Thinking Capital
Thinking Capital is the leader in the Canadian alternative lending space, leveraging technology to be at the forefront of the Fintech industry. Since 2006, they have helped more than 10,000 small-to-medium sized Canadian businesses reach their full potential. By combining their people and technology, Thinking Capital is transforming the way business owners get the capital they need to grow. For more information, visit https://www.thinkingcapital.ca/.
CT-Payment (CTP) has been setting the pace in electronic POS transaction since 2002. It is the North American leader in EMV compliant payment services and is Canada's largest debit- and credit-card processing company to be fully independent of Canadian financial institutions and acquirers. As a member of Interac® and a debit acquirer, CT-Payment delivers integrated debit authorization and settlement services on behalf of its customers and business partners. As an experienced multi-acquirer service provider, CTP offers transaction processing for point-of-sale debit and credit terminals, customized web-payment integration solutions, and the management of loyalty programs. CT-Payment further specializes in the development of platforms for emergent technology in the Global payment-processing ecosystem. It fully complies with PCI international security standards. For more information, visit http://ct-payment.com/.
SOURCE Thinking Capital
Image with caption: "Thinking Capital; CT-Payment (CNW Group/Thinking Capital)". Image available at: http://photos.newswire.ca/images/download/20150924_C1048_PHOTO_EN_505901.jpg
For further information: Roshni Wijayasinha, VP Marketing, Thinking Capital, [email protected]