Payment Nerds, a merchant services and payment processing company headquartered in Nashville, Tennessee, has secured a $2 million credit facility from Espresso Capital. The financing was announced on September 14, 2026, and is designed to support the company's continued growth and expansion across the payments industry. This non-dilutive capital provides additional financial flexibility while preserving the company's existing equity structure.
Funding Purpose
The credit facility will enable Payment Nerds to accelerate investments across its sales organization, technology infrastructure, strategic partnerships, and merchant services capabilities. The company plans to expand its sales and marketing efforts, strengthen integration capabilities, and support strategic hiring. The capital is expected to help the business pursue growth initiatives without changing its ownership structure.
Investment Priorities
Payment Nerds was founded by payments industry veteran Shawn Silver with a clear goal of creating a more modern and flexible approach to merchant services. The company aims to give businesses the technology, support, and payment solutions they need to grow. The new financing is expected to support deeper investments in specialized merchant segments and long-term relationships with partners.
Leadership Expansion
The financing arrives as Payment Nerds continues to strengthen its leadership team and expand capabilities across specialized merchant segments. The company recently appointed Jacob Martin as Vice President of Sales, bringing more than ten years of payments and merchant services experience to the organization. It also promoted Trae Holthouse to Sales Manager as part of its continued investment in sales leadership and team development.
Executive Commentary
Shawn Silver, Founder and CEO of Payment Nerds, said the company was built with a clear vision for modern merchant services that are more flexible, more technology driven, and more closely aligned with business needs. He noted that the partnership with Espresso Capital gives Payment Nerds additional capital and flexibility to invest in the business at an important stage of growth. Silver added that the company is focused on expanding its team, strengthening technology, and scaling alongside merchants and partners.
Milestone and Growth Outlook
Silver described the credit facility as an important milestone for Payment Nerds, noting that it provides the flexibility to keep executing on the opportunities in front of the company. The funding supports continued expansion across the company's sales and marketing functions, technology and integration capabilities, and strategic hiring. Payment Nerds expects the capital to help build a company that can scale alongside its merchants and partners.
About Payment Nerds
Payment Nerds provides businesses with flexible solutions for accepting and managing payments across retail, e-commerce, and specialized industries. The company focuses on streamlined onboarding, payment technology, integrations, and dedicated merchant support. It was founded by Shawn Silver to bring a more modern approach to merchant services and build long-term relationships with the businesses and partners it serves.
About Espresso Capital
Espresso Capital provides innovative credit solutions to growth-stage technology companies. Since 2009, the firm has helped hundreds of technology companies and their investors accelerate growth, extend runway, and increase strategic flexibility through non-dilutive capital. The credit facility for Payment Nerds reflects Espresso Capital's continued focus on supporting technology-enabled businesses during key expansion phases.
The $2 million credit facility represents an important step for Payment Nerds as the company continues to execute on its growth strategy. The non-dilutive financing supports expansion across sales, technology, partnerships, and merchant services without altering the company's ownership structure. Payment Nerds remains focused on building a flexible, scalable organization that can grow alongside its merchants and partners.