Financial

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.

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.

12 Jun

Swipe Gateway

BlueSquare is pleased to have provided funding to San Francisco, CA. based Swipe Gateway who used their Portfolio Residuals to obtain the loan. Swipe Gateway is using the infusion of working capital to continue to invest in R & D and further exapnd their sales channels. BlueSquare continues to be the go to source for payment space related companies looking for alternative financing options.

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.

08 Apr

ProPoint Card Services

BlueSquare is pleased to announce the acquisition of ProPoint Card Services, a First Data ISO located in Tiverton, Rhode Island. “Partnering with BlueSquare with the financial and technical resources they offer has allowed us to develop our specialized payment solutions for the niche markets that we serve. We couldnt be happier to be working with such a leader in the industry.’ Said Peter Andromalos. ProPoint has established themselves as a leading payments company in the greater New England area for many years. They have built a loyal and diverse payments company and have aligned themselves with several financial institutions including Independence Bank and Peoples Credit Union. “We have been eager to acquire and partner with Pro Point for a few years, we’re happy that we were finally able to make this happen. ProPoint will continue to operate as ProPoint, BlueSquare will provide all aspects of operational support which will allow ProPoint to further develop their specialized healthcare payments products and broaden their Financial Institution Relationships.” Said Sabin Burrell, Co-Founder of BlueSquare.

01 Apr

Vision Payments

BlueSquare is pleased to announce we have provided funding to Safeguard Business Solutions. SBS used their Vision Payments Solutions residuals as the collateral to obtain the loan from BlueSquare.

17 Sep

Swipe Gateway

BlueSquare is pleased to announce we have provided funding to Swipe Gateway. Swipe Gateway used their Pivotal Payments residuals as the collateral to obtain the loan from BlueSquare.