In early August, juggernauts of the merchant cash advance industry collaborated to form The North American Merchant Cash Advance Association.
Intents of the association include:
- educating members of the industry
- developing ethical standards and guidelines
- Developing services and products for the industry
NAMAA's board of directors consists of 5 people from prominent businesses in the merchant cash advance industry.
Some of the benefits associated with becoming a member are the following:
- participation in developing the industry's guidelines
- Access to the Association “MATCH” list of merchants that are not in good standing with other members
- Professional development workshops
- Exchange of 'best practice' information
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