Consumer Group Company, New Generation Inc., (traded as OTC: NGCG) has revealed the brand name for its MCA (Merchant Cash Advance) Metasearch Platform: Quicklend(TM).
QuickLend™: A Revolutionary Platform for the Merchant Cash Advance Industry
New Generation Consumer Group, Inc. (OTC:NGCG) has unveiled QuickLend™, a groundbreaking metasearch platform designed to transform the $50 billion Merchant Cash Advance (MCA) market. This proprietary solution, developed by NGCG's division Signature Apps, aims to streamline connectivity and transactions between MCA lenders and merchants using advanced web tools and AI-driven updates.
QuickLend™ is envisioned to become the Trivago™ of the MCA marketplace, according to Jacob DiMartino, CEO of NGCG. It's designed to provide a smarter, more transparent, and highly efficient solution for lenders, while offering Merchants a secure, centralized, and real-time search platform.
Key features of QuickLend™ include a secure Merchant application submission portal, advanced lender matching algorithms, real-time bidding functionality, AI-driven updates, and comparative offer dashboards. The platform is also set to include automated underwriting and risk scoring integrations, decline tracking, analytics, export functionality, CRM compatibility, and third-party API integration.
The development status shows that QuickLend™ has completed official naming and trademark filings, with ongoing AI enhancements to the platform's underlying RDAR (presumably a proprietary technology or solution component) to increase its capabilities and market impact.
For Merchants, QuickLend™ will operate as a one-stop-shop, allowing them to submit applications and receive comparative funding offers from multiple qualified MCA Lenders. This will bring greater transparency, efficiency, and intelligence to merchant financing.
QuickLend™ is a strategic commitment to developing innovative, data-driven software for the MCA industry. The global MCA market is experiencing significant growth, with a projected value of $32.7 billion by 2032, representing a compound annual growth rate (CAGR) of 7.2% from 2024 through 2032.
The applications developed by Signature Apps, the mobile application development division of NGCG, include AI-Powered features and custom branding and monetization tools. These applications are designed for the mobile-first world.
For more information about QuickLend™ or to get in touch with the investor relations team, visit the New Generation Consumer Group, Inc. website, where you'll find a phone number, email address, and website details.
[1] Press release: https://www.signatureapps.co/quicklend-press-release [2] Signature Apps: https://www.signatureapps.co [3] Merchant Cash Advance market growth: https://www.grandviewresearch.com/industry-analysis/merchant-cash-advance-market [4] Grand View Research: https://www.grandviewresearch.com/industry-analysis/merchant-cash-advance-market
- New Generation Consumer Group, Inc. (NGCG) has introduced QuickLend™, a revolutionary metasearch platform intended to revolutionize the $50 billion Merchant Cash Advance (MCA) market.
- QuickLend™ is envisioned to emulate Trivago™ within the MCA marketplace, providing a smarter, more transparent, and highly efficient solution for lenders while offering merchants a secure, centralized, and real-time search platform.
- Key features of QuickLend™ include a secure Merchant application submission portal, advanced lender matching algorithms, real-time bidding functionality, AI-driven updates, and comparative offer dashboards.
- The platform also includes automated underwriting and risk scoring integrations, decline tracking, analytics, export functionality, CRM compatibility, and third-party API integration.
- QuickLend™ is a strategic commitment to developing innovative, data-driven software for the MCA industry, as the global MCA market is projected to grow to $32.7 billion by 2032, representing a compound annual growth rate (CAGR) of 7.2% from 2024 through 2032.
- Applications developed by Signature Apps, the mobile application development division of NGCG, incorporate AI-Powered features and custom branding and monetization tools, designed for the mobile-first world.