News

24 Apr

CardTech Enterprises

BlueSquare is pleased to have provided a second round of funding to Phoenix, AZ. based CardTech Enterprises who used their First Data Portfolio to obtain the additional financing they were seeking. BlueSquare has had a longstanding relationship with CardTech and are pleased to have provided them the additional funding they needed. “BlueSquare quickly structured a take out of our existing debt and provided a new facility that actually was a lesser payment than our original loan. They did this all within 3 days, the process was very easy.” Said James Adkinson, CEO of CardTech Enterprises.

06 Apr

ZeeBlu

BlueSquare is pleased to announce a portfolio residual acquisition of Santa Barbara, CA based Member Financial Group, Doing Business as ZeeBlu. ZeeBlu is a registered First Data ISO who specializes in digital marketing for their merchants. Under the terms of the agreement, BlueSquare will take over all service and support of the portfolio which will allow ZeeBlu to focus entirely on sales and creating more value for their customers by leveraging ZeeBlu’s digital marketing capabilities.

20 Mar

Merchant Services International

BlueSquare is pleased to announce a portfolio residual acquisition of Pennsylvania based Merchant Services International, (“MSI”). BlueSquare has acquired a portion of MSI’s Global Payments Portfolio.

26 Feb

1st US Merchant Services

BlueSquare is pleased to have provided a second round of funding to Los Angeles, CA. based 1st US Merchant Services who used their TransFirst, Jet Pay, EMS, TransNational and PowerPay Portfolios to obtain the additional financing. 1st US Merchant Services is using the working capital to further expand thier sales efforts in the greater Los Angeles area. “BlueSquare and 1st US Merchant Services worked creatively together to provide maximum financing with the flexible terms that were important to 1st US Merchant Services.” Said Sabin Burrell, Co-Founder of BlueSquare Resolutions.

20 Feb

Discount Payment Services

BlueSquare is pleased to announce a portfolio residual acquisition of Mesa, AZ based Discount Payment Services. DPS is a Sage Payments ISO who has assembled an impressive portfolio of National, and Regional merchants. DPS is also a Positive, Xera and Aldelo POS dealer.

19 Feb

Merchant Services International

BlueSquare is pleased to announce the Portfolio Residual Acquisition of Newtown, PA based Merchant Services International. MSI is a seasoned payments group with Global Payments. MSI over the past 10+ years has built a very diverse portfolio of merchants primarily located in the North Eastern United States.

28 Jan

Ethix Merchant Services

BlueSquare is pleased to have provided funding to Oakland, California based Ethix Merchant Services. Ethix used their First Data Portfolio Residuals to collateralize the loan which they are using to further invest in their sales and marketing initiatives.

15 Jan

American Payment Systems

BlueSquare is pleased to have completed a First Data Portfolio Acquisition of Omaha, Nebraska based American Payment Systems (APS). APS has long been recognized as a leading Wholesale First Data ISO for over 15 years. As part of this multi-million dollar transaction, APS and BlueSquare have negotiated a new ISO agreement that will improve operations as well as increase margins for APS. APS will continue to operate as APS which has a long and distinguished reputation especially in the Mid-West. The newly formed partnership envisions adding staff at the Omaha, NE office as well as working together on APS’s Loyalty Application, PinPoint Rewards. “Partnering with such an established and well respected ISO like APS is truly a fantastic opportunity for BlueSquare and we couldn’t be more pleased to have been selected as APS’s new partner.” Said Sabin Burrell, Co-Founder of BlueSquare. “Choosing a buyer of our Portfolio Residuals and the right go forward partner is obviously not a decision that we took lightly. We had been referred to BlueSquare by a trusted industry veteran and after carefully considering multiple buyers and spending time with BlueSquare and their staff, we felt the decision was an obvious one.” Said Jim Barnes, CEO of American Payment Systems.

“The combination of staff between the two companies is an even more compelling reason why BlueSquare continues to attract ISO’s looking for liquidity events, leverage our growing infrastructure and increase margins both operationally and by way of lower processing costs. We believe that 2015 will be another banner year for us as we continue to execute on our partnership strategy with other ISO’s.” Said Sabin Burrell, Co-Founder of BlueSquare.

08 Jan

EPS

BlueSquare is pleased to have provided funding to Washington based EPS. EPS used thier First Data Portfolio Residuals to collateralize the loan which they are using to buyout a partner and increase their marketing and sales initiatives.

12 Dec

Flat Fee Merchant Services

BlueSquare is pleased to have provided funding to San Francisco based Flat Fee Merchant Services. Flat Fee used several portfolio residuals to collateralize the loan which they are using to further expand their marketing and sales initiatives.