Give us a call for more info 1-800-210-5649

choosing a merchant account Blog Posts

By First American Merchant

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

What Small Businesses Need to Know About Accepting Credit Card Payments

Credit card processing seems simple enough: Get a merchant account and set up your equipment, and you’re good to go. But for very small businesses — such as mom-and-pop shops, one-person operations and home-based sellers — the decision to accept credit cards means having to consider some very unique needs. From the difficulty of getting approved for a merchant account to losing money from fees and facing the challenges of using the same technologies as large corporations, the road to accepting credit cards can be rough. Nevertheless, small businesses don’t have to be at a complete disadvantage. Just because you’re […]

Read More…

Comparing Small Business Loans and Merchant Cash Advances

Misconceptions abound regarding merchant cash advances in relation to small business loans. The two contrast one another drastically, and frequently not in the manner a small business owner might expect. Ultimately, small businesses will require a cash reserve or additional funding in order to maximize their growth potential and increase their profits. Small Business Loans Small business loans are offered by banking institutions and are available to small business owners seeking a new funding source. The complication for small businesses arise in the strict guidelines banks follow regarding credit scores and business documentation. Bank loans also feature complicated contracts that […]

Read More…

Business Cash Advance Funding Explained

Having a reserve of working capital is pivotal for a small business that’s just starting out. Unexpected expenses and unexpected opportunities crop up that may require financial wiggle room to help your business develop and grow. Particularly high-risk businesses demand a reserve source of funding. The question that often plagues small business owners is how to access means of additional funding. How can I get cash for my small business? Traditionally the common method for businesses to gain access to additional funding is through small business loans from banking institutions. However, in a credit-based economic system bad credit, or no […]

Read More…

How to Start a Small Automotive Repair Business

As you begin to put all the little things together, you will notice there are thousands of details you have to do. From having the Health Department check your plumbing and safety of your building, to Osha inspecting your work area for dangers. Make a list and check it thousands of times a day; but know, you can’t eat an elephant in one bite. You have to do it a little at a time, just like starting a business. One of the little things that might fall through the cracks is your automotive merchant account. If you plan on accepting […]

Read More…

How to get an automotive merchant account

Just like a lot of other accounts in the merchant arena, if you plan on accepting credit or debit cards, you are going to need a merchant account. Don’t panic when you are told that you could be high risk, because a lot of day to day services are in that same pool. It does not mean that you personally are high risk; it means your services are. So, don’t take it to heart, just do some more research so you understand why. Getting your merchant account Having a merchant account does several things for your business. First and foremost, […]

Read More…

PayPal Paving The Business Cash Advance Industry? Nope, Been There, Done That.

PayPal announced that they are  offering a new service to its  consistent customers. In a matter of  minutes customers service representatives can answer the  questions that inquiring minds want  to know. Does their business qualify  for the new ‘Pay Pal Working  Capital’? And really, this is not a new  idea. Merchant account servicers  like  have been doing this for some years. How it works  This idea is not new to the payment  processing industry, but PayPal is  opting to bring it into the light  through their venue. They require that you pay a ten percent rate on the money […]

Read More…

How do I Find The Right High Risk Credit Card Processing Broker?

As a business about to strike out into the industry, you will need a credit card processor. Worst yet, if you are in a high risk pool, your fees will not be as inexpensive as some. Of course, even the airlines industry is in the high risk pool, so don’t despair. There are solutions out there and they can be found. After you have determined what your business falls into, you will need to see what is out there for credit card processors. What are the rates? Are there discounts for your business? What amount per month do you anticipate […]

Read More…

How 1st American merchant funding can get your merchant account started today!

First American Merchant Services is a well thought out business plan. They not only help out anyone in business, their approval rate is at 99%. So a rare thing indeed, would be for someone to be in the 1% range. They insist on investing in you, the person in business and things that put our country to work every day—from entertainers to bail bonds. This company brings to the table— Possibilities. If you can dream it, they can do it. From Bankruptcy to Collections all the way to Herbal Supplements, they will put together a 1st American Merchants funding account […]

Read More…

Getting your Seasonal Merchant Account up and running by the holidays

Consumers in United States spend more than 50 billion dollars on shopping and online purchases in the last quarter of 2012. According to the statistics, consumers spend more on shopping in the last quarter of the year because of holidays like Halloween and Christmas. As the last quarter of 2013 is just around the corner, it is a great opportunity for those who want to earn some quick money be starting a seasonal business. Consumers are looking for reasons to spend on Halloween and Christmas, be creative to meet the demand and get your own seasonal business up and running […]

Read More…

How to Secure a Good Head Start in a High Risk Industry

Starting your own business is not as easy as it seems especially if your line of expertise belongs in one of those considered as high risk industries. If you just got out of a medical school and plan to put up a clinic of your own, you might be surprised to see a lot of banks and credit card processors rejecting your application for a standard eCommerce merchant account. Life can be unfair most of the time but it’s the truth. High risk businesses like pharmaceutical products, telemarketing, car rental, financial services, and many more others are very far from […]

Read More…