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Michael Hollis Blog Posts

By First American Merchant

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

ACH Business Loans, ACH Business Payments & Open Banking

Old technology and payment processing systems often make modern small and medium-sized businesses (SMBs) launched by modern entrepreneurs get stuck. Thus, businesses lose their operational flexibility and stop to further develop. How can ACH business payments help? Where can you get affordable and secure ACH business loans? Just go on reading below to know. ACH Business Loans & U.S. Open Banking The term “Open Banking” is used by the U.K. to denote the implementation of PSD2 (the European Union’s 2nd Payment Services Directive). The latter isn’t limited within the E.U.’s regulation. PSD2 gives authorization to banks to allow 3rd parties […]

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Business After Chapter 7 Bankruptcy: High Risk ACH Processing

Have you filed Chapter 7 bankruptcy? Are you trying to get a new business off the ground? Well, this isn’t going to be an easy task. However, there’s light at the end of the tunnel. You just need to know the right steps and the right business merchant services provider that can help you with financing and other merchant services, e.g., high risk ACH processing. So, let’s move forward to know this. Chapter 7 Bankruptcy & High Risk ACH Processing The U.S. Bankruptcy Code offers 6 ways to get rid of your debt. Chapter 7 and Chapter 13 bankruptcy types […]

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How to Choose the Best Merchant Services ISO Program

Choose the Best Merchant Services ISO Program When it comes to merchant service companies, there is a very long list to choose from. This can make finding the right one to do business with challenging. How do you choose? What do you need to look for? If you need advice on what a good ISO program looks like, check out the following tips for choosing the best merchant services ISO program: High Risk Merchant Accounts Many business owners struggle to secure the merchant services they need because they are deemed to “risky” to work with. Some business owners struggle with […]

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A Guide to Merchant Cash Advances

If you are in urgent need of commercial financing to keep your small or medium business on its feet, you should choose from the many flexible alternative types of financing to help address your specific needs. A merchant cash advance is one such innovative way to acquire funding. The product hasn’t been around for too long— at least not as long as loans and credit lines, but savvy merchants are already making the most of it. Cash advances are comparatively easy to acquire; they offer hassle-free settlement terms and can help you bridge the gaps left by other forms of […]

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Easy and Economical Ways to Fund a Franchise

  Getting down to the nitty-gritty of funding a franchise business is important because it eventually determines the type of business you build. Furthermore, would-be franchisees often realize they have far more options than they’d imagined when they find that they can buy a resale business, secure a bigger region or even multiple regions. Knowing your funding options also gets you ready to inject the right amount of cash when opportunities knock and you need to grow your bottom line or face situations that need instant funds. SBA: African Americans Dig into Their Pockets to Fund Franchises Reports by the […]

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Small Business and Entrepreneurship Not A Priority for 2020 Presidential Runners

One vibe the small business industry is getting from the race to 2020’s Presidency is that no one cares about them. Not a handful of the many names from the Democratic field have majored in entrepreneurship and small businesses. It is dreadful that core issues like the status of the economy and the small business industry, are far behind matters like gun regulation, social justice, immigration, climate change, healthcare, and foreign affairs. Only a few candidates are mentioning micro-business loans, despite the fact that access to merchant funding is central for the growth of small to mid-sized companies. Surprisingly, the […]

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A High-Risk Classification Should Not Stop You from Expanding Your Bottom Line

What setbacks do a business listed as ‘high-risk’ face? In truth, the downsides of being categorized as a high-risk company are numerous. But it is not always your mistake— the authorities consider these sectors as risky because of the nature of activities or products they handle. But these merchants, like their low-risk counterparts, are just business owners looking to venture into a niche they find unexploited and make profits out of their efforts. Among the growing pains of a high-risk entity is payment processing because processors are unwilling to onboard these merchants. Payment processors would rather stay away from these […]

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Business Ideas for Women Startups

In truth, women are a workforce that can boost productivity if tapped into. Figures by the Organization for Economic Co-operation and Development (OECD) found that Indian females spend 352 minutes/day on house chores compared to men who only spare 52 minutes for the same. That is to say; we have untapped potential from a competent workforce with the power to impact the economy. Women accomplish most of the household duties, but their efforts go unappreciated and unrewarded. Most of them cannot pursue jobs and opportunities outside because of several reasons. They either have inadequate assistance at home, must take care […]

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FTC Stopping Fake Schemes: Credit Repair Merchant Account

Of course, it’s so much appealing to sign up for a “quick fix” of your credit. However, not all companies are reliable. The Federal Trade Commission (FTC) has recently put an end to a false credit repair scheme. To know more about the case, as well as find a trustworthy and cheap credit repair merchant account, keep on reading the post. Credit Repair Merchant Account & FTC Against Fake Schemes The Federal Trade Commission has recently requested a federal court to temporarily freeze Grand Teton Professionals’ assets. The latter scheme has allegedly been charging illegal fees in advance and giving […]

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Get the Right Business Funding & Prepare for Summer Downtime

If you’ve been thinking the summer months are away from being productive, you’re wrong. In reality, summer is an extremely productive period for businesses. After all, you can’t find extra time to focus on different areas of your business, can you? So, let’s see how you can use the summer period for your business, as well as discover exceptional business funding opportunities. Business Funding Sunshine… Hot days… Cool backyard pool… Wait! The picture may be completely different for you if you’re a business owner. It’s not always that easy for you to take time off and enjoy the summer months, […]

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