sales@firstamericanmerchant.com
Give us a call for more info 1-800-210-5649

18 Customer Service Predictions You May No Know

Customer service plays a central role in the service context. Lots of survey results show that customer experience is becoming a priority for most companies. If you want to learn more about modern customer experience/service trends and find a business funding provider offering exceptional service to customers, just read below. Customer Experience in the Modern World of Business As Brian Halligan, CEO and founder of HubSpot, notes, the change rate during the early years of the 20th century around transportation is similar to the change rate regarding communications and marketing existing today. Building customer relations and loyalty in today’s ever-evolving […]

Read More…

Small Business Lending: Invoice & Fintech Modernizing Banks

Fintech companies and payment startups are focused on solving the problems facing small business banking and helping financial institutions modernize. If you’re a merchant on the lookout for the most reliable and cheapest small business lending, this article is right for you. Small Business Lending: Invoice and Fintech Small businesses account for growth and open up doors for innovation and new opportunities. Small business credit across the world became unproductive after the 2008 financial crisis. It hasn’t opened up until recently. Today, banks are often entering into partnerships with fintech companies to avoid competing. In fact, fintech companies have brought […]

Read More…

6 Unique Ideas for Your Next Small Business

Recent reports say that more than 20.5 million Americans own their own business. Another 53 million freelance in various fields. The rest of America wishes they owned their own operation. The Organisation for Economic Co-operation and Development (OECD) discovered that 58 percent of women and 69 percent of men in the U.S. agree with the statement “I would rather take a risk and build my own business than work for someone else.” So, what stops these individuals from going after their entrepreneurial dreams? On the long list of reasons, cash definitely ranks near the top. Today, finding small business financing […]

Read More…

Reports Say Small Business Optimism at a 45-Year High

According to the National Federation of Independent Business’ recent reports, the country is experiencing a record high in business optimism among small business owners. These same businesses are at a 45-year high for recruiting and filling jobs. Considering that this level of optimism has only occurred three times in the last three years, now is definitely the perfect time to capitalize on it if you own a small business. Thanks to tax relief, businesses are thriving. When businesses thrive, the economy prospers. Many companies have shared their plans to expand this year. They also intend to increase inventory, hire new […]

Read More…

Things to Consider Before Financing Your Business

Planning and starting a business is one of the most exciting things you’ll ever do. You have done tons of research, written a business plan and now you have just one, big question left to answer: how to finance your business. Business funding is such a broad concept; it can easily overwhelm an entrepreneur. To help you get started, consider the following things you should consider before financing your business, along with tips on how to choose funding: Understand what you’re financing In order to determine what financing is right for your business, you first have to understand what you’re […]

Read More…

3 Ways the Government Shutdown Affected Small Businesses

Much has been said about who has been harmed by the recent government shutdown – the longest shutdown in U.S. history. The shutdown began Dec. 22, 2018 and ended 35 days later. Hundreds of thousands of Federal workers who had missed two paychecks during the partial government shutdown were finally informed they would receive their back pay. In the midst of the shutdown and in the days after, not much was said about how the partial shutdown affected small businesses. Countless small business owners were also negatively impacted by the shutdown. The following are the top three consequences small businesses […]

Read More…

What are Alternative Small Business Loans?

What if you could secure the funding you need for your business from a source other than a traditional bank? Just 10 years ago, the options businesses had for funding were incredibly limited. For certain business types and industries, it was next to impossible to secure the cash they needed. Today, the phrase “alternative lending” is much more common and has begun to really mean something to small business owners. It has become a very important part of the business financing industry. But what are alternative small business loans? Alternative lending is a broad term that includes many new small […]

Read More…

2 Forms of Business Funding You Can Acquire in 24 hours

All small merchants need a reliable source of instant cash. Whether you’re sure you’ll meet bank loan requirements or not, nothing gives you financial confidence like knowing you can secure financing in as fast as 24 hours. Some opportunities are time-bound, so you won’t have the leisure of waiting for your bank to go through their long processes as you wait for a response— which may also be positive or disappointing. So where do you search when desperate for immediate financial backing? What are some forms of commercial funding that will work for your situation? 1-A Line of credit Lines […]

Read More…

When a Merchant Cash Advance is the Best Financing Option for Your Business

When is an MCA the Best Financing Option for My Business? Yes, sometimes an MCA can give you the perfect financial boost you need. A Merchant Cash Advance is a form of financing that moneylenders collateralized using a company’s yet to come sales. The product offers upfront funding in trade for a cut of the business’s total credit & debit card transactions or per-day bank payments until you fully pay out the advance. Unlike bank loans that feature interest rates and fixed per-month payments, MCA costs vary depending on a factor rate instead of an interest rate. Factor rates begin […]

Read More…

Anti-Money Laundering Lapse Costs Morgan Stanley $10 Million

Wall Street’s industry funded watchdog fined The brokerage unit of Morgan Stanley must pay $10 million for failing to comply with its anti-money laundering program, according to Wall Street’s industry-funded watchdog group, Finra. Finra (Financial Industry Regulatory Authority) reported that the brokerage unit’s lapses occurred for more than five years, from January 2011 until April 2016. According to Finra, Morgan Stanley’s automated surveillance system did not receive important data from its other systems, resulting in the firm’s inability to track tens of billions of dollars of wire and foreign currency transfers. Some of these transfers were from countries that have […]

Read More…