AmeriMerchant Appoints William Franey as New Chief Financial Officer

AmeriMerchant Appoints William Franey as New Chief Financial Officer

NEW YORK–(BUSINESS WIRE)–AmeriMerchant, a leading financial technology company that provides business loans and merchant cash advance solutions for businesses since 2002, today announced William Franey has joined the company as Chief Financial Officer (CFO). Franey, a Certified Public Accountant, brings more than 20 years of financial services industry experience to his new position. He is leading the Finance team at AmeriMerchant, and plays a key role in long-range strategic planning and initiatives for the company.

“The company is well positioned to execute on its strategy to rapidly grow even further as a financial technology company, and provide alternative financing solutions for small to mid-sized business across the country.”

Prior to joining AmeriMerchant, Franey served as Vice President of Finance at NYSE Euronext (New York Stock Exchange), a global operator of financial market and trading solutions. Previously, Franey was Corporate Controller at NYFIX Inc. (acquired by NYSE Euronext in November 2009), and Controller at Tullett Prebon. He gained Public Accounting experience while working at KPMG Peat Marwick.

“Bill brings extensive knowledge of the financial services industry and deep leadership skills that will help us plan and execute our immediate and long-term strategies,” said David Goldin, CEO and President of AmeriMerchant. “We’re delighted to add him to our executive team as we build on our success as a leading provider of working capital solutions to small and mid-sized businesses across the country.”

“This is an exciting time to join an industry leader like AmeriMerchant,” said Franey. “The company is well positioned to execute on its strategy to rapidly grow even further as a financial technology company, and provide alternative financing solutions for small to mid-sized business across the country.”

About AmeriMerchant

Founded in 2002, AmeriMerchant is a leading financial technology company that leverages a proprietary underwriting technology platform to provide working capital solutions to businesses including merchant cash advances, business loans and inventory purchase programs. Headquartered in New York City, with more than 175 employees, AmeriMerchant is a one-stop shop for businesses seeking working capital solutions for their business. AmeriMerchant is committed to industry best practices and is a founding member of the North American Merchant Advance Association (NAMAA). For additional information about AmeriMerchant, visit amerimerchant.com or call 800-267-3790. Business owners can apply online and receive decisions in 60 seconds or less at http://apply.amerimerchant.com.

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