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

4 Things to Consider Before Getting a Business Loan

Taking out a business loan can feel almost like a leap of faith. Business owners can be hesitant to pursue this option because of a worry that they won’t be able to handle the payments, a negative connotation of receiving outside help for their business or just an aversion to the whole process. It’s true that you shouldn’t go into taking out a loan blindly, but with the right planning, a business loan can go a long way in increasing your profits. In fact, NDP Analytics’ report on The Economic Benefits of Online Lending to Small Businesses found that for […]

Read More…

Should Your Business Get a Merchant Cash Advance?

If you’re a small business looking for a little extra financing, you may have considered a merchant cash advance (MCA) but aren’t sure if it’s right for you. An MCA is a lump sum of money given to a business in exchange for agreed-upon terms, including a percentage of future sales. It differs from a loan because it does not require collateral or fixed repayment terms. Read on for more information about merchant cash accounts. Advantages of a Merchant Cash Advance In the wake of the financial crisis of 2008, it has been harder for small businesses to get standard […]

Read More…

Feds Claim To Not Compete With Real-Time Payment Offerings

The Federal Reserve announced that a real-time payment service will be entering the market by 2023 or 2024.  The new service is called FedNow and set to reach every bank in every community within the United States. Four considerations were mentioned by Fed governor Lael Brainard that facilitate this service, they were, “equitable access to users, payments safety, increased competition for private-sector players, and a neutral platform for innovation.” Prominent private-sector player, The Clearing House Payments Co. or (TCH), introduced its real-time payments service in 2017. Based in New York and owned by 25 banks, TCH has been working on […]

Read More…

Legalizing Online Sports Betting Could Distress Payment Firms

In May 2018, the Supreme Court declared the Professional and Amateur Sports Protection Act (PASPA) unconstitutional in a 6-3 decision. What this means is that it will be left up to the states to decide whether or not to allow its residents to bet on sports. They will also be able to establish their own “regulated” sports betting. PASPA was signed into law by then-President George H.W. Bush in 1992 but went into effect in January 1993. It essentially banned states from both regulating and taxing sports betting. The act seemed ineffective, even dated as the rise and rapid growth […]

Read More…

Small Business Loans Are Approved by Banks Like Never Before

There comes a time in every new and seasoned business owner’s journey where they will need to take out a business loan.  Whether it would be to invest in new equipment, to purchase real estate for their expansion, or to increase their capital to handle their everyday operations, something will always be needed. The reality is that a little financial boost goes a long way in helping support business owners with growing pains, financial hiccups, and other challenges that are sure to come on their entrepreneurial journey. Historically, small businesses were denied bank loans 80% of the time. Especially since […]

Read More…

Keep Your Trucking Business Thriving with a Merchant Cash Advance

The trucking industry is strongly contributing to the U.S. economy. It supplies goods and jobs to local businesses and communities. So, it’s too important to keep the industry thriving. This article will tell you more about the topic and will help you get a merchant cash advance from a reliable provider. Grow Your Trucking Business: Get a Merchant Cash Advance The trucking industry generates hundreds of billions of dollars in freight revenue, according to the American Trucking Associations (ATA). It accounts for over 5% of all the full-time jobs in the U.S. In recent years, the industry has witnessed an […]

Read More…

MCA for Wheat Farmers Faced With Low Market Values & Tariffs

Wheat farmers in the U.S. are now faced with low market values and tariffs. Are you interested in where you can get a business cash advance for your business? This article is about wheat farmers’ current challenges and reliable business funding options. U.S. Wheat Farmers: Get a Business Cash Advance This year, the U.S. farm economy is coping with some challenges like never before in recent years. These challenges are caused by trade problems, climate change, depressed commodity prices, as well as decreased immigrant labor. Net farm income has dropped to 50% since 2013, thus making up $70 billion from […]

Read More…

Real-Time Payments for Merchants: High Risk ACH Processing

Speed is everything these days, and payments can’t stay ignorant towards this growing trend. Currently, the desire for faster or real-time transactions is a hot-button topic in the payments space. In the U.S., the demand for faster payments is strong. Let’s dive more into the topic, as well as discover exceptional high-risk ACH processing for your business. High-Risk ACH Processing & Real-Time Payments Real-time payments are also called faster payments. The U.S. Faster Payments Council describes them as payments that allow you to transmit and get funds in real-time or in near-real-time. In 2018, same-day Automated Clearing House (ACH) got […]

Read More…

Brands Prioritizing Digital Trust & Safety for Growth

Digital Trust and Safety reflect what your business’ mindset is, what processes take place in your company, what organizational structure you have, and the technology you rely on. These 2 notions empower companies to keep their revenue balanced and make rational risk decisions. If you’re interested in this and need to find exceptional alternative online loans, you’re at the right place. Alternative Business Loans and Digital Trust & Safety Did you know that the majority of consumers are worried about becoming victimized by payment fraud? This is according to Sift’s recent survey results focused on revealing fraud trends across eCommerce. […]

Read More…

New Lawsuit Against Marijuana Giant Concerning Payment Processing Fraud

A multi-state cannabis brands platform operating in Toronto has recently started a lawsuit against San Francisco-based Eaze. The latter has allegedly been engaged in fraud for credit/debit card payment processing. Are you a marijuana merchant interested in reliable and affordable ACH eCheck services? Do you want to know more about this topic? If yes, this article is for you. Just keep on reading below. Secure ACH eCheck Services Eaze is an online platform that legally organizes cannabis delivery. Now, the platform is faced with a legal conflict initiated by Canadian DionyMed. The platform is being accused of processing credit card […]

Read More…