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New Generation Consumer Group (OTC:NGCG) has unveiled QuickLend™, its new Merchant Cash Advance (MCA) metasearch platform developed by its subsidiary Signature Apps. The platform aims to revolutionize the MCA industry by providing a Trivago-like comparison service for merchant financing.
QuickLend™ will serve both lenders and merchants through advanced features including secure application portals, real-time bidding tools, automated underwriting, and comparative offer dashboards. The platform is currently under development with beta testing planned for later in 2025.
The announcement comes amid significant growth in the global MCA market, which is projected to grow from $17.9 billion in 2023 to $32.7 billion by 2032, representing a 7.2% CAGR.
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