American Finance Solutions Recognized As One of the Fastest Growing Companies in Orange County

ANAHEIM, Calif., Oct. 2, 2012 /PRNewswire/ -- American Finance Solutions (AFS), one of the fastest growing merchant cash advance companies for small and mid-sized businesses, announced today it has been named the 24^th fastest growing private company in Orange County, California by the Orange County Business Journal for 2012.  AFS reported dramatic revenue growth of 272.5% in the past two years and an increase in employee headcount of 70%.

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AFS has proven itself as a key financial resource for small businesses often overlooked by traditional banks, which often only examine assets and personal credit scores.  AFS applies a holistic approach to determine the funding amount, based on a small business's overall health.  Using its proprietary pricing and risk algorithm, AFS creates custom-tailored, low-risk funding programs for each merchant.

"We are thrilled with Orange County Business Journal's recognition of AFS and attribute our strong growth to our talented team who provide exceptional 'white glove' customer service and transparent counsel for our merchants," said Scott Griest, chief executive officer, American Finance Solutions. "This accolade further validates our merchant-centric solution to helping small businesses secure capital and grow."

The list ranked 154 private companies based in Orange County by revenue growth over two years, from June 2010 through June 2012.  Each company had minimum sales of $300,000 for 12 months through June 2010.  The list includes only privately held companies, those owned by individuals, families, private equity or other investors.

AFS was founded with the goal of offering a sustainable source of capital for merchants.  AFS purchases a merchant's future credit card transactions and advances a set amount of capital to the merchant.  Cash advances range from $10,000 to $500,000.  Merchants can pre-qualify within 24 hours and receive an advance within five days.

The full list can be found at www.ocbj.com.

About American Finance Solutions
American Finance Solutions (AFS) in Anaheim, CA is a top provider of merchant cash advances to small- and mid-sized businesses. Since 2006, AFS has made over 5,000 fundings, providing business owners in all 50 states with working capital. Business owners in the restaurant, retail and other service-based industries use AFS capital to renovate, purchase new equipment and supplies, fund marketing campaigns, and manage unexpected or seasonal expenses.  For more information about American Finance Solution's innovative working capital solution, call toll-free 1-800-760-5516 or visit www.AmericanFinanceSolutions.com.

About Orange County Business Journal
Each week, the Orange County Business Journal delivers the most complete package of news and information on Orange County's companies, industries and businesspeople. It is comprehensive, authoritative, concise and entertaining.  Presented in a lively and accessible format, the Business Journal is required reading for Orange County executives, managers and professionals—written in an up-tempo, breezy style that reveals the drama, excitement and fun in business. 

Media Contact:
Melissa Barto
JCUTLER media group
[email protected]

SOURCE American Finance Solutions

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