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2019 June Blog Posts

By First American Merchant

Feel free to give us a call for more info 1-800-210-5649

Why Are High Risk Merchant Account Fees so High?

Are you tabbed as high risk merchant? Well, expect to face difficulties on your way. One of the most important things to bear in mind is that your high risk account won’t come with low rates and fees. So, why is it so? Also, who can get you the most reliable and affordable high risk merchant services, including a credit repair merchant account? Just read below to know. High Risk Merchant Account: Credit Repair Merchant Account Merchant accounts are classified as high risk because of the risks associated with them. This type of accounts has to do with higher incurring […]

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Discover the Best Business Funding Type for Your Business

Getting business funding can be critical to the economic growth of your company. What should you bear in mind when applying for a small business loan? How can you be sure this is the right financing option for your business? No worries. This article is here to help you find the right funding from the right provider. Looking for Business Financing to Grow When starting a business, you’re likely to get down to diving seed money from a lender. However, you’re not alone in this. Merchants with years of history in business might as well need access to some urgent […]

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FTC’s Merchant Cash Advances Probe: What to Expect

The Federal Trade Commission (FTC) has recently started investigating the merchant cash advances industry. The decision followed the FTC Commissioner Rohit Chopra’s call on eliminating deceptive small business funding practices. If you want to know more about the topic and discover a unique and exceptional merchant cash advance (MCA), you’re at the right place. FTC’s MCA Probe The diversification process taking place in the small business lending industry has resulted in additional disruptions in the space. These include both regulation and security concerns. Of course, the lending platforms available in the online marketplaces can’t be isolated from all these happening […]

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When a Cash Advance Boost Can Get You Out of a Crisis

What is an MCA? How governments or other entities can boost cash advances to avoid an economic or financial crisis? This article will tell you some basic points concerning MCAs. What’s more, you’ll learn about a reliable and cheap MCA from an exceptional business funding provider. Easy Access to a Cash Advance In recent years, MCAs have become a preferred choice for many entrepreneurs as a business funding option over traditional loans. Importantly, if you think an MCA is a loan, it’s not true: an MCA is just a sale. Thanks to an MCA, you can use your credit card […]

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6 Ways a High Risk Business Loan Can Help Your Small Business

For many businesses, a bank loan is not an option. For others, it also not their best option. More and more business owners are turning to high risk business loans like a merchant cash advance to access cash quickly, which also allows them to avoid restrictions on how they can spend their money. Here are six of the top ways business owners use a cash advance: Boost Cash Flow More than 42 percent of small businesses say that cash flow is their biggest challenge and their greatest need. Without sufficient cash flow, it will be difficult to cover day-to-day costs […]

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How to Effectively Manage Being a High Risk Business

You’ve recently found out that your business is considered “high-risk”. Suddenly, many doors that were open to you are closing. The task of running your small business just became even more challenging. But what does it really mean to be high-risk? And is there anything you can do about it? In some cases, being categorized as high risk is not the result of anything you have done. In other cases, it is. Some industries are simply riskier than others, which causes many banks and traditional lenders to turn you away. If your business is new, it can also place you […]

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Federal Reserve Seeks Feedback on New Hours for Fedwire Funds

The Federal Reserve recently released a request for comment on potential changes to its National Settlement Service (NSS) and Fedwire Funds Service. It has also asked for feedback on a possible new posting time for transactions and an increased daylight overdraft fee. The National Settlement Service is a multilateral settlement service owned and operated by the Federal Reserve Banks. According to the Federal Reserve, the service is offered to depository institutions that settle for participants in private-sector clearing and/or settlement arrangements. The benefits for financial institutions reduces the duration of settlement risk for participants by providing same-day finality. It also […]

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6 Easy Marketing Tips for New Small Businesses

You’ve spent a lot of time on your brand-new business. Now, you’re ready to get your marketing on track. Even if you have the greatest products on earth, if you do not have a solid marketing plan, no one will know about them. Here are six marketing tips that will help your new business develop a successful marketing plan: 1. Know your audience The first place to start in developing a strong marketing plan is to first consider your audience. Ask yourself these three important questions: Who are they? What do they do? How can you help them do it […]

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7 Tips Business Owners Can Use to Boost Decision-Making

Do you feel like you float from day to day, never really in control of making decisions? As a business owner, it is easy to let anxiety creep in and cloud your decision-making. The following steps will help you boost your decision-making confidence. 1. Gather information In most cases, making the right decision is as simple as being informed. It isn’t necessary to have the complete answer right away. However, it is important to gather enough information so that you feel confident making your decision. Don’t be afraid to ask lots of questions before taking the next step. 2. Take […]

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A Bad Credit Merchant Cash Advance Is More Possible Than You Think

Do you think your favorite merchant cash advance (MCA) is a loan? Well, that’s not true… Do you think an MCA isn’t for those with bad credit or with the lack of it? Well, it is. This article will shed light on these common misconceptions. Also, it’ll help you discover an exceptional bad credit merchant cash advance. The Most Important About an MCA First of all, if you think of an MCA as a loan, it’s high time you stopped doing this. An MCA is just a sale: you get money based on the sales you’re going to have. Getting […]

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