Market News Latest

Supervest Partners with Alto to Enable Investors to Fund Merchant Cash Advance Deals Using an IRA

 Breaking News
  • No posts were found

Supervest Partners with Alto to Enable Investors to Fund Merchant Cash Advance Deals Using an IRA

September 20
16:06 2021
Supervest Partners with Alto to Enable Investors to Fund Merchant Cash Advance Deals Using an IRA

New York, New York – Sep 20th, 2021 – Supervest announced today a new partnership with Alto Solutions, Inc. (Alto), the next-generation self-directed IRA platform that enables individuals to easily invest in alternative assets using retirement funds. 

Supervest is a merchant cash advance (MCA) alternative investment platform that allows investors to participate in thousands of deals on a fractional basis, providing diversification and reducing risk. The Supervest platform helps guide investors through this once previously inaccessible asset class with an easy and transparent system. This new partnership will enable accredited investors to use their IRA to fund their investments on the Supervest platform.

“The new partnership between Supervest and Alto will be a game changer. Investors will now be able to deposit money into a great alternative investment platform with ease,” said Tara Fung, Chief Revenue Officer of Alto.

The Supervest platform helps bridge the gap between MCA funding companies and investors. Benefits of an MCA investment include a shorter duration, low market correlation, and attractive yields as compared to other alternative asset classes. Investors can expect to see more alternative investments accepting IRAs as a funding source because of the popularity.

“Investing from an IRA makes it easy for individuals to put their funds to work in an asset class unlike any other,” said John Donahue, Chief Investment Officer of Supervest. “We’re very excited about the partnership with Alto because it gives our platform a broader reach and also benefits IRA holders, allowing them to participate in an alternative asset class that would otherwise not have been available to them. It’s right in line with our future growth track.”

For more information on Supervest, please visit www.supervest.com. For more information about Alto, please visit www.AltoIRA.com.

About Supervest

Supervest is the first equity crowdfunding service for merchant cash advances (MCAs). Supervest connects accredited investors to formerly inaccessible asset classes. Supervest provides a fully transparent and secure platform for investors. Supervest is headquartered out of Schaumburg, IL, near Chicago, IL. Our Supervest community is one of the fastest growing alternative investment platforms for investors.

Find out more at www.supervest.com.

About Alto

Alto is a Nashville-based financial technology company that launched its next-generation self-directed IRA platform in 2018 to make it easy for individuals to access and invest in alternative assets using their retirement funds. The first of its kind, Alto’s platform streamlines the process for investors, investment funding portals, and investment sponsors alike. Among Alto’s current investment partners include Bitwise, DiversyFund, Fundr, Masterworks, Republic, and Vint, as well as financial advisors, fund sponsors, and other direct issuers. Alto is not a registered broker-dealer or investment advisor. 

For more information, please visit www.AltoIRA.com or follow Alto on LinkedIn, Twitter, and Facebook.

Contact Supervest:

Jay Morton
Supervest
[email protected]

Contact Alto:

Lauren McKirgan
FINN Partners
[email protected]

Media Contact
Company Name: Supervest
Contact Person: Jay Morton
Email: Send Email
Phone: 888-548-3801
Address:1900 E Golf Road Suite 550
City: Schaumburg
State: Illinois
Country: United States
Website: www.supervest.com/