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FAVO Capital is Pleased to Announce Its First Quarter 2021 Financial Results
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Favo Capital, Inc.: FAVO Capital is Pleased to Announce Its First Quarter 2021 Financial Results
The Filing of Q1 2021 Financial Statements, is the Final Step to Achieve the Milestone of Obtaining Pink Current Information on the OTC Markets.
WESTBURY, NY / ACCESSWIRE / June 10, 2021 / The Company (OTC PINK:FAVO) is pleased to provide the following highlights of its first full quarter of business in its newly formed Alternative Business Funding and Finance Division.
FAVO Capital 1 st Quarter 2021 Business Highlights:
Originated over 650 new Merchant Cash Advances (MCA s) in the first quarter (Q1) of 2021
Partnered and participated in approximately $80,000,000 of Business Funding
Advance receivables have increased Quarter over Quarter (QoQ) from $496k in Q4/2020 to $2.2M in Q1/2021