Wednesday, April, 6th, 2022 at 9:00 am by Nicole Colwell
Categories: Blog
Businesses can end up with bad credit for a host of reasons, some of which may have been out of their control. Missed or late payments, irresponsible financial partners, owing more money than they generate, or even bankruptcy are just some of the issues that can contribute to bad credit. Whatever the reason, just because a business has been turned down for bad credit does not mean they have to stop doing business. A second [Read More...]
Wednesday, March, 30th, 2022 at 8:07 pm by Content Manager
Categories: Blog
Cannabis credit card processing can be a tricky thing to pin down. With the cannabis industry occupying a legal gray area, it’s no surprise processors consider these accounts to be high risk. Both the chemical compounds in the products (such as THC and CBD) and the intended use (medical, therapeutic, or recreational) are considered in each state and federal cannabis law. This has resulted in as many variations on these laws as there are states. [Read More...]
Saturday, March, 26th, 2022 at 10:01 am by Nicole Colwell
Categories: Blog
A business starts with an idea. Once it takes root and you start looking into putting that idea into reality, you need to start thinking about logistics. There are rules and regulations pertaining to your business that will dictate your course of action. One of the first decisions is whether or not to accept credit cards. For a new business owner, words like merchant account and high risk can be intimidating. A merchant account is [Read More...]
Thursday, March, 24th, 2022 at 7:13 pm by Content Manager
Categories: Blog
It’s the 21st century, and paper checks are becoming passe. You still receive paper checks when opening a checking account, but increasingly, more individuals and businesses are turning to electronic payment methods. That’s where the echeck comes in. Echeck payments are the modern way to pay for practically anything. What is an eCheck? An echeck is the electronic version of a traditional paper check. Electronic checks or direct debits are two additional terms for echecks. [Read More...]
Thursday, March, 24th, 2022 at 7:09 pm by Nicole Colwell
Categories: Blog
If you have less than stellar credit, you might think getting a business loan is out of the question. That’s not necessarily the case. While someone with poor credit will have a more difficult time receiving a business loan than a person with a high credit score, there are loan options available for those seeking a startup loan with bad credit. Keep in mind that small business owners may have good personal credit scores, but [Read More...]
