Pros No application or account setup fees Month-to-month contracts with no early termination fee Interchange-plus & zero-cost plans available Accepts high-risk businesses & businesses with bad credit Free terminal or mobile reader Cons Minimal pricing disclosures Some complaints regarding customer service What Is ProMerchant? Founded in 2018, Boston-based ProMerchant is the brainchild of several former […]

Need financing to start or expand your farm or agriculture business? Whatever the purpose, learn about the best places to get all the financing you need.

You’re a business owner, and you’ve encountered a financial hurdle in the form of a large business expense. No matter what it is, a big expense can be difficult to pay upfront. Enter long-term-loans. Read on to learn more about the rates, terms, benefits, and drawbacks of long-term business loans.

The SBA helps small businesses get low-cost funding for a variety of needs, but applying for an SBA loan can be time-consuming. How long does it really take to get an SBA loan? And how can you speed up the process? Find out in this article.

Live Oak is less traditional than many of its competitors, offering speed and convenience to prospective lenders in all 50 states. However, the convenience comes with some trade-offs, including a limited breadth of products available to a small number of industries.

Celtic Bank is one of the biggest originators of SBA 7(a) loans and SBA 504 loans. It is one of the more accessible bank lenders out there when it comes to business loans, with less stringent requirements than most of its competitors. However, make sure you ask about their fee structure and interest rates before signing any papers.

Knowing your effective rate helps you understand what you actually pay for credit card processing. Here’s how to calculate it, and use that information to find the best rates on merchant services.

After you’ve worked through the details of your 2-3 consecutive statements, it’s worth repeating your effective rate calculation on each one, just to ensure you didn’t miss any charges. You may have also spotted an extra or padded fee here and there that you’re ready to confidently take up with your MSP. You should also be able to locate any anomalies that occurred during a given month (e.g., excessive penalty fees, chargebacks, one-time incidental fees, etc.) that may have impacted your effective rate.

Square Cash App is a digital wallet similar to Venmo or PayPal that allows you to send money to individuals at no cost. It can also be used by small businesses to accept payment.

Cashless stores are becoming a hot trend in the retail world as both technology and public health trends impact commerce. Consumers are carrying less cash these days, and digital, cashless payment technologies are becoming more prevalent. Keep reading to learn about the best cashless payment solutions that make it easy for your business to go cash-free.