Former president of Shop NBC brings extensive retail experience to SBF management team.
New York, NY, August 13, 2015 –(PR.com)– Smart Business Funding, a financial services provider specializing in loans, merchant cash advances, credit card processing, and financial consulting for small businesses, proudly announces the hiring of Steve Jackel as the company’s new Chief Operating Officer.
An experienced senior executive and business leader, Jackel is former President of McCrory Corporation, a $1.3 billion, 1,300-store retail company. He also served as president of Shop NBC, the country’s third largest TV home shopping network and Internet company, and the Concord Camera Corporation. Jackel brings a wealth of retail and management experience to the Smart Business Funding senior management team.
“We are delighted to welcome Steve to the Smart Business Funding team,” says Anthony Collin, Chief Executive Officer. “His strong background in managing consumer businesses will help improve our operations and enable us to serve our customers more effectively.”
Smart Business Funding helps small businesses improve their cash flow through the use of merchant and commercial cash advances. These financing tools provide immediate cash to companies in exchange for a percentage of future credit card or cash sales. Their services include a high-risk division that funds businesses that other direct lenders won’t consider, such as automobile dealerships and construction and transportation companies.
Since its inception, Smart Business Funding has established new funding relationships with more than 400 independent sales organizations (ISOs). Since that time, the company has developed a reputation for fast, reliable service, often providing its customers with critical funding within 24 to 48 hours. Additionally, the company’s ISOs are given the option of syndicating up to 50% of the funded amount on any submission they choose to participate in.
Headquartered in Brooklyn, New York, Smart Business Funding also works with companies in the aerospace, automotive, fitness, green energy, healthcare, manufacturing, medical services, motel, restaurant and retail industries.
Smart Business Funding