collateral

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.

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.

19 Sep

iMerchant Direct

BlueSquare is pleased to have completed the acquisition of several First Data Portfolios from Scottsdale, AZ. based iMerchant Direct. iMerchant Direct has long been recognized as a leading payments company with multiple processing platforms and bank sponsorships. “BlueSquare has been in discussions with iMerchant Direct for literally a couple years, we couldnt be more excited about the new partnerhsip with one another. Said, Sabin Burrell, Co-Founder of BlueSquare. iMerchant Direct is a leader in technology based solutions as well as operating their own IPSP which BlueSqure is very excited about leveraging as there continues to be great demand from our sales partners and customers for this type of platform. Under the new agreement, iMerchant Direct will enter into a new ISO Registration agreement with BlueSquare, First Data and Wells Fargo. iMerchants staff of nearly 30 employees will work closely with the BlueSquare team which will largely handle all apsects of account boarding, deployment, customer service and tech support. “By leveraging BlueSquares incredible infrastrucure, knowledge, sales support and competitive pricing, we couldnt find a reason to not partner with them, it just make alot of sense.” Said Ralph Herro, CEO of iMerchanr Direct.

01 Sep

NMS

BlueSquare is pleased to have provided funding to North Carolina based NMS. NMS used their First Data Residuals to collateralize the working capital they were seeking to continue to grow their regional sales efforts and open an additional office just outside of Charlotte. Under the agreement, NMS executed a new ISO Agreement with BlueSquare who will work closely with the NMS team to ensure quick account boarding and deployment services as well as industry leading pricing that will enable NMS to continue to quickly scale but also ensure a highly competive price to their merchants.

18 Jul

Integrated Business Technologies

BlueSquare is pleased to have provided funding to Miami, Fl. based Integrated Business Technologies, (IBT). IBT used their iPayment, TransFirst, Co-Card and Card Connect residuals as the collateral for the loan from BlueSquare. IBT will use the proceeds to further build out their sales and marketing channels.

11 Jul

Nova Merchant Services

BlueSquare is pleased to have provided funding to Greensboro, NC. based Nova Merchnat Services. Under the funding agreement, Nova has executed an ISO agreement with BlueSquare and will use the proceeds to continue to build out their national sales teams. “Nova has grown exponentially year over year, has top caliber management and knows how to scale their business, the ideal type of company BlueSquare is interested in partnering with.” Said, Sabin Burrell, Co-Founder of BlueSquare.

10 Jun

1st US Merchant Services

BlueSquare is pleased to have provided funding to Los Angeles, CA. based 1st US Merchant Services who used their TransFirst, Jet Pay, EMS, TransNational and PowerPay Portfolios to obtain the loan. 1st US Merchant Services is using the working capital to open an additional office 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.

13 May

Merchant Credit Card Services Inc.

BlueSquare is pleased to have provided funding to Germantown, MD. based Merchant Credit Card Services Inc. who used their Signature Card Services Portfolio as the collateral to obtain the loan. Merchant Credit Card Services Inc. will use the capital to futher invest in its sales and makrting initiatives to drive additional revenue growth. “BlueSquare continues to be the preferred lender for top caliber ISO’s like Signature Card Services. Working with BlueSquare allows us to help our sales partners achieve the liquidity that they need from time to time and to use the capital to further invest in their businesses.” Said, Aaron Slominski, Senior Vice President, Signature Card Services.