Velocity Capital Group began out of a small room in a Long Island home in 2018. After working 6 years in the Merchant Cash Advance industry, Jay Avigdor felt that he had the confidence and knowhow to create a company of his own. Using $50k of his savings as start-up capital, he began working to grow his business.
Since then, Velocity Capital Group has expanded and moved into a larger office to accommodate our over 20 team members. Jay Avigdor continues to take the essential steps for growth, ensuring that the company is prepared for the future.
The Funder: From Office of One to Eighteen in Under a Year
December 13, 2018 | By: Todd Stone
Not even a full year in business, Velocity Capital Group announced that it has secured $15 million in financing; $5 million in a Series A, plus a $10 million line of credit...
VCG is a direct funding platform located in Greater New York. We fund small businesses all over the United States and our team has serviced over 15,000 clients, with over 25 years of experience in the sub-prime financing space.
Business Financing for the Modern World
At Velocity, we aim to merge finance with technology to be able to provide funding fast. We have automated the funding system, which creates a quicker and smoother process for merchants and brokers alike.
We understand that when businesses apply for capital, speed, and transparency are the top priorities. Funding faster and smarter is the key to success.
Above all, we want to build and maintain relationships with our customers, partners, and charities.
At Velocity Capital Group, we try to foster a fun, creative, and performance-driven environment for our team. Our diverse staff is an excellent example of how fun and hard work combined can create stellar service.
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