NEW YORK, April 1, 2015 /PRNewswire/ -- Merchant Cash and Capital, LLC (MCC), a leader in alternative finance for businesses, today announced that Vice President of Business Intelligence Tomo Matsuo has been promoted to Chief Operating Officer, effective immediately.

In his new position, Matsuo will have primary responsibility for ensuring that the operations of the business align with and support the company's forward thinking strategies.  Matsuo will continue to lead the Business Intelligence Department as well as overseas operations.

"Tomo has been instrumental in helping transform the MCC family of companies into data-driven providers of alternative financing to small businesses that recently crossed $1 billion in originations. His advances to our process automation, data analysis, and his global mindset have positioned MCC for a strong future of growth – both in the United States and abroad," said Stephen Sheinbaum, Founder of Merchant Cash and Capital.

"MCC's strategy has never been more compelling, and I am incredibly energized and committed to help lead the company to its next phase of growth," said Matsuo.

Matsuo, a native of Chicago, joined MCC in 2011. He was appointed manager of the Underwriting Department in 2012 and Vice President of Business Intelligence in 2013. An accomplished pianist and conductor, Matsuo enjoys leading the 92Y Orchestra, the longest-running community-based orchestra in New York City, as its Music Director.

About Merchant Cash and Capital

Merchant Cash and Capital, LLC (MCC) combines technology and unmatched customer service to provide funding for businesses around the country. With its ASAP (Automated Submission and Pre-Approval System) technology, MCC enables businesses to instantly secure funding pre-approvals - a process that once took hours, now takes minutes. MCC and its family of companies has originated over $1 billion to more than 20,000 businesses. See how much you qualify for by visiting www.merchantcashandcapital.com. 

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SOURCE Merchant Cash and Capital, LLC

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