Obtaining equipment is one of the most common reasons small business owners seek outside financing. You can acquire everything from computers and desks for an office to farm equipment and heavy machinery without shelling out the full price upfront. But how does equipment financing work? Should you finance the equipment for your business instead of […]
Overview Velocity Merchant Services is a merchant account provider based in Downers Grove, IL. The company is run by the wife and husband team of Dema Barakat (founder) and Danoush Khairkhah (CEO). Dema Barakat cut her teeth at EVO Merchant Services, doing business under them until 2006 when she registered her own ISO and started […]
Sam’s Club Merchant Services uses the appeal of the bulk-discount warehouse business to bring in merchants, but the reality is that processing payments through Sam’s Club is likely to be far more costly for small businesses.
Pros Good public reputation Transparent terms and fees Cons Some additional fees Overview Crest Capital is a Georgia-based alternative funder. This company offers a variety of leasing options designed to facilitate ownership or temporary utilization of a wide variety of business-related equipment. Crest Capital has also branched out into working capital loans, but this review […]
GE Capital is a great resource for other enormous corporations that need to find capital to build or maintain their air fleets, or are undertaking major energy production projects.
NOTE: As of March 31, 2019, Central Payment (CPAY) has been fully absorbed into its parent company, TSYS Merchant Solutions. The CPAY website has been taken down and now re-directs to the main TSYS site. This review will no longer be updated. Instead, please check out our TSYS review for more information. Pros Month-to-month billing […]
First Data (now Fiserv) is a massive company offering everything a merchant could need for payment processing. But small businesses will pay a premium for access, whereas large businesses might be able to negotiate a fair deal.
Revel is one of the more advanced and loaded POS systems available to merchants of all sizes. While geared toward larger businesses with multiple locations, a smaller retailer/restauranteur with a savvy owner may find Revel to be an ideal fit. It’s certainly not the cheapest system on the market. However, given its robust integrations and advanced back end, it’s hard to imagine that any business owner (particularly in the foodservice industry) would find Revel lacking.
This is NOT a review of National Processing, which is a completely unrelated company that just happens to have a similar name. National Processing Company now does business under the Vantiv brand. This review is archived. Check out our comparison chart to see our favorite merchant account providers. Overview National Processing Company (NPC) is a […]
Note: ElitePay Global has discontinued service. It now operates as Ironwood Payments. This review has been archived and will no longer be updated. Instead, check out our Ironwood Payments review for more information. Overview: As a reseller of First Data’s payment processing services, you can’t really understand what you’ll get from ElitePay Global until you […]