ProfitPoint Receives $2.5M Credit Facility from Square 1 Bank

Published On August 31, 2011 |

ProfitPoint, Inc., a Philadelphia, PA-based provider of stored value and loyalty program solutions, has received the extension of a $2.5m credit facility from Square 1 Bank.

Led by Interim CEO Ward Schultz, ProfitPoint provides national and international small-to-medium sized businesses with gift and loyalty programs designed to build lasting customer-value based relationships.

The company utilizes a proprietary technology platform to provide clients with real-time electronic transaction processing, state-of-the-art reporting, point-of-purchase marketing tools, direct marketing services and merchant training.

FinSMEs

31/08/2011

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