Our History
Merchant Factors Corp. has been family owned and operated since 1985. Walter Kaye the founder of Merchant had a vision, which was to service the needs of small growing businesses that had ideas, energy, great products, and passion.
Most traditional banks and larger factors considered these companies too small, undercapitalized, or unprofitable. But Merchant was built to accommodate the needs of these small ventures through personal attention, advice, and networking opportunities. Additionally, Merchant's ability to combine sales volume with many other small businesses has allowed us to offer very competitive rates. With Merchant, many small to mid sized businesses have achieved great success.
Today
Along with our many successful clients, Merchant has grown dramatically over the last quarter century. We now have a portfolio of over 450 clients and factor over a billion dollars in sales annually. Yet Merchant remains dedicated to the ideals Walter Kaye put in place; personal service, advice, easy access to senior executives and upper management, and the ability to have the client's needs addressed quickly, consistently, and professionally.
Merchant continues to serve businesses with annual sales of $300,000 and more, unlike the larger factors and lenders who do not qualify smaller companies. Because of the refactoring model Merchant employs, it maintains the feel of a small, family factor but can offer clients the credit and collection services of three of the country's leading factors.
Merchant provides working capital at the most competitive rates, while, freeing you from credit collection and bookkeeping responsibilities.