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Bad Credit Blog Posts

By First American Merchant

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

Bad Credit Merchant Account & How to Get It Easily

There’s no credit-card acceptance from your customers without a merchant account. What if your credit isn’t good? Well, this will create problems for you, but not everything is lost. You can still apply to a respectable provider to get a bad credit merchant account to grow your business. Let’s see how you can obtain one even if your credit is away from being good. When Applying for a Poor Credit Merchant Account First of all, be aware that you need to pay a fee to your merchant processor for credit card transactions. Approval criteria differ from provider to provider. Here’s […]

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How Can I Get a Business Loan With Bad Credit

High risk business loans are more challenging to obtain than traditional ones. The good news is that there’re exceptional alternative online lenders that can make things easier for you. This isn’t rocket science: let’s move forward to learn more together. Risky Businesses: High Risk Business Loans Every business, no matter new or established, may be in need of some working capital at some point, let alone emergency situations. E.g., small businesses have been hit by and economically harmed because of the coronavirus (COVID-19) outbreak. Of course, small businesses and nonprofit organizations can qualify for economic injury disaster loans in the […]

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Where to Get a High Risk Business Loan

If you’re labeled as a high risk merchant, you can still explore high risk business lending solutions for your company. Today, there’s a myriad of alternative high risk business loan options that you can use to get the necessary financing for your high risk business. Let’s move forward to find out more. Where to Get a High Risk Business Loan Having easy access to the necessary funds is among the top issues any business owner can face. This is especially true of merchants tabbed as high risk. High-risk business financing options such as merchant cash advances (MCAs) are a great […]

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Recovering from a Rejected Business Loan Request in 4 Steps

Declined loan requests are one of the cases in business when expectations can lead to serious disappointments. After believing against all the odds, it can be heartbreaking when your loan application finally gets rejected. That’s why you need a plan B for when things turn sour. Therefore, as you toil to gather credentials and prepare your application process, always think about what happens if you fail— and plan for it. Borrowing with this kind of mentality and preparedness can help you pick up your pieces and act swiftly in the case of a denial. So what can you do if […]

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Managing the Three Risks That Could Finish Your Business in 2019 and Beyond

Above all other goals, every entrepreneur wants to stay competitive— because if you ran out of business then you’re as good as “back to square to square one.” Staying competitive involves knowing the risks that today businesses face; things that could ruin your bottom line. If your business isn’t ready to keep up with new trends and address the growing pains in your sector then you are bound to lag behind and lose customers to you fast-moving counterparts. The move towards a customer-centric way of conducting business has increased the risk of failure among merchants. Customers now want a more […]

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Moving on With Bad Credit After Chapter 7 Bankruptcy

The most widely-spread type of bankruptcy is the so-called “Chapter 7 bankruptcy.” It can be of help to business owners in certain cases. Is it possible to launch a new business after a Chapter 7 bankruptcy? How can you do this? Where can you find a reliable bad credit merchant account or business financing? Just read below to know. Chapter 7 Bankruptcy & Bad Credit Merchant Account Do you have bills you’re unable to pay? Many choose to file for personal bankruptcy to avoid paying them. What’s more, there’re business owners who file for bankruptcy strategically since it can help […]

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How to Deal With a Data Breach

Data breaches are no more a surprise. The important thing is how you respond to them. The way you respond can go a long way in keeping your business away from major damages. What about a reliable and affordable bad credit merchant account? Who can get you one easily? This article will help you with all these. Data Breaches: What Numbers Show The 1st computer virus was called “The Creeper.” It was revealed in the early 1970s. Based on a 2016 report by FireEye, companies worldwide spent 146 days (on average) to detect a data breach. Did you know that […]

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Business Credit Remains a Determiner For Business Success in 2019

If you’re going to own a business in America, you must be ready to face almost as many challenges as the opportunities you are looking forward to. One headache you must be prepared for is managing your business’ credit status. Like personal credit that tells a lot about an individual, business credit is more or less an indication of your company’s financial standing and capacity to manage debt. Lenders scrutinize credit when underwriting a company for microbusiness loans, credit lines, or business credit cards. Credit scores for businesses are based on several different factors and may differ considerably from one […]

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3 Questions to Ask Before Signing Up for a Balance Transfer

Many business owners find that business credit cards are a great way to manage their company’s expenses. They also allow them to take advantage of benefits and rewards. However, this method of financing can obviously get out of control and rack up a lot of debt in the process. This is where a balance transfer comes into play. What is a balance transfer? While some business cards seem attractive because they offer 0% APR initially to get you started, this can quickly jump to charging an APR upwards of 20%. This can cost your business hundreds or even thousands of […]

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Need Funding with Bad Credit? High Risk Business Loan 2019

You need low cost, flexible funding options, don’t you? Well, what to do if your credit is far from being excellent? This article will show that obtaining a bad credit business loan or funding isn’t as frustrating as you may think. Also, you’ll know how you can get a high risk business loan with ease. Small Business Funding with Poor Credit Serving as a calling card for your business, your credit score shows you haven’t been an excellent “manager” of your finances. The truth is that 500 – 550 (FICO score) will definitely put some rocks on your way. However, […]

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