Your Virtual Credit Manager

OCTOBER 22, 2024

To manage the risk that a customer might default, companies implement credit and collection policies and procedures. Those policies and procedures, however, also need to include practices designed to mitigate the risk of fraudulent transactions. (Jp it just might help them collect faster and pay you sooner. Share Read more

Past Due Invoices 130

Past Due Invoices Credit and Collections Credit Card Payments Default 130

Fundera

DECEMBER 3, 2018

The Best Ecommerce Platforms for Small Business. Like many other small business owners, you’ve probably considered selling your products or services online. Well, a lot of it depends on the type of business you operate. This fee is usually a small percentage of every online purchase. TRANSACTION FEE.

Small Businesses 69

Small Businesses Credit Card Payments Transactions Cybersecurity 69

Fundera

JULY 26, 2019

45 Best Small Business Services. The most important commodity any small business owner has is time. You only have so many hours in the day to dedicate to your business, and you want to use them as efficiently as possible. Small Business Services: Accounting Software. QuickBooks Online. Freshbooks.

Small Businesses 90

Small Businesses Transactions Credit Card Payments 90

Fundera

OCTOBER 30, 2019

The Top Payment Processing Companies for Small Business. QuickBooks Payments. Payment Depot. Whether you run a brick-and-mortar retail store or an online-based business, you’ll more than likely need to accept a variety of payment methods—including credit cards and digital payments.

Small Businesses 73

Small Businesses Transactions Credit Card Payments 73

Fundera

DECEMBER 13, 2019

On the whole, however, the term merchant services can encompass the behind-the-scenes process by which a business accepts payments, the companies businesses work with for this purpose, as well as the hardware or software involved with taking and processing payments. But, what are merchant services?

Credit Card Payments 92

Credit Card Payments Transactions Small Businesses 92

Fundera

SEPTEMBER 16, 2018

8 Best Credit Unions for Small Business Owners in 2018. America First Credit Union. Alliant Credit Union. Navy Federal Credit Union. First Tech Federal Credit Union. Self-Help Credit Union. Consumers Credit Union. Digital Federal Credit Union. Boeing Employees Credit Union.

Credit Unions 81

Credit Unions Small Businesses Credit Card Payments Transactions 81

Fundera

APRIL 28, 2017

For many small businesses, a robust POS (point of sale) system is something they absolutely can’t function without. But with so many POS systems on the market, how can you weed through your options to find the best for your small business? Check out these four best POS systems—reviewed by real business owners themselves!

Small Businesses 78

Small Businesses Credit Card Payments Transactions 78

Fundera

JULY 15, 2019

The Best Ecommerce Platforms for Small Business. BigCommerce : Great Shopify alternative with better options for themes, design, and accepting payments. 3dcart : Best Shopify alternative for built-in features and payment options. PrestaShop : Best open-source ecommerce platform for small businesses.

Small Businesses 69

Small Businesses Credit Card Payments Transactions Dashboards 69

Fundera

FEBRUARY 25, 2019

Accounting Methods for Small Businesses. The two primary accounting methods for small business owners are cash basis and accrual basis. Any business is free to use accrual accounting. Any business is free to use accrual accounting. Generally Accepted Accounting Principles (GAAP).

Small Businesses 74

Small Businesses Credit and Collections Credit Card Payments Transactions 74

Fundera

OCTOBER 8, 2019

8 Best Credit Unions for Small Business Owners in 2019. America First Credit Union. Alliant Credit Union. Navy Federal Credit Union. First Tech Federal Credit Union. Self-Help Credit Union. Consumers Credit Union. Digital Federal Credit Union. Boeing Employees Credit Union.

Credit Unions 81

Credit Unions Small Businesses Credit Card Payments Transactions 81

Lendio

AUGUST 22, 2024

Merchant accounts are specific accounts that give small businesses the ability to accept various customer payment methods more easily—most often debit and credit card payments. Merchant accounts are run by merchant-acquiring banks that handle communication and transactions between customers and businesses.

Small Businesses 52

Small Businesses Credit Card Payments Credit Card Companies Transactions 52

Fundera

JANUARY 27, 2016

One of the best parts of owning a small business? Especially when it comes to your business’s financials, you want to be a perfectionist. Meanwhile, the best finance apps for small business owners are designed to let you focus on what’s most important—and leave the computing to the computers. Capital One Mobile.

Small Businesses 76

Small Businesses Credit Card Payments Credit Scoring Transactions 76

Fundera

APRIL 26, 2020

In this guide, we’ll break down the best payment apps for small businesses—discussing their features, pricing, and more—so that you have all the information you need to meet your business needs. The Top Mobile Payment Apps for Small Businesses. Payment App. per transaction or $0.10

Small Businesses 52

Small Businesses Credit Card Payments Transactions 52

Fundera

NOVEMBER 16, 2018

The 8 Best Free POS Software for Small Business. As a small business owner, you’re always looking to save a buck wherever you can. For small business owners with limited transactions or products, free POS software can satisfy most of your needs. The 8 Best Free POS Software for Small Business.

Small Businesses 55

Small Businesses Credit Card Payments Transactions 55

Fundera

OCTOBER 30, 2018

Any small business owner who accepts credit cards should understand how credit card processing fees work. Credit card processing typically costs businesses between 1.7% per transaction. Credit card processing fees are expressed as a percentage. and $98.30.

Credit Card Payments 73

Credit Card Payments Credit Card Companies Transactions Small Businesses 73

Fundera

DECEMBER 15, 2018

Credit Karma. One of the best parts of owning a small business? Especially when it comes to your business’s financials , you want to be a perfectionist. Meanwhile, the best finance apps for small business owners are designed to let you focus on what’s most important—and leave the computing to the computers.

Small Businesses 67

Small Businesses Credit Card Payments Credit Scoring Transactions 67

Fundera

JANUARY 3, 2017

As a small business owner just getting your venture off the ground, you wear many hats. You’re not only the founder of your company, but you’re its number one sales rep, the chief marketer, the go-to office manager, and oftentimes its business accountant. QuickBooks Desktop.

Small Businesses 66

Small Businesses Dashboards Transactions Credit Card Payments 66

Lockstep

FEBRUARY 1, 2023

In short, surcharging is a way for businesses to recover the costs of accepting credit card payments. As electronic payments continue to outpace traditional methods of payment, surcharging is a smart and practical way for businesses to recover the costs associated with accepting credit card payments.

Credit Card Payments 87

Credit Card Payments Small Businesses Transactions Payment Portals 87

Fundera

FEBRUARY 13, 2019

But the following happened between the time you invoiced your client and the time they paid you: You had to make credit card payments on June 12, July 12, and August 12. You also had to pay your subcontractor on June 20 under your contract with them, and you had to draw on your revolving line of credit to do so.

Small Businesses 65

Small Businesses Revenue Recognition Credit Card Payments Transactions 65

Fundera

NOVEMBER 1, 2018

If you’re a small business owner trying to more effectively manage your spending, consider investing in a prepaid business debit card. Prepaid business debit card holders preload their card with however much money they want to spend, ensuring that they never go over their limit or spend more than they can afford.

Small Businesses 49

Small Businesses Credit Card Payments Credit Card Companies Credit and Collections 49

Fundera

MAY 2, 2019

At the most basic level, credit card processing fees are the cost that a business owner pays to accept credit card payments. However, there are several pieces involved in determining this overall cost, including transaction fees, flat fees, and incidental fees. per transaction.

Credit Card Payments 73

Credit Card Payments Transactions Credit and Collections Small Businesses 73

Fundera

MAY 15, 2019

What Is Stripe Payments? Stripe is a third-party payment processor that enables merchants to accept credit card payments. Using Stripe Payments, you can accept a wide variety of payment options—credit cards, wallets, and international currencies—both in-person and online.

Small Businesses 45

Small Businesses Credit Card Payments Dashboards Transactions 45

Fundera

FEBRUARY 24, 2017

You know Wells Fargo as the mega-bank that offers both consumer and small business services to almost 70 million customers across the United States. As a small business owner and merchant, you might have stumbled across the newer merchant services division of Wells Fargo. Now, here’s where it gets complicated.

Credit Card Payments 59

Credit Card Payments Credit and Collections Transactions Small Businesses 59

Fundera

APRIL 8, 2020

This developer-friendly, online payments platform has quickly grown to become one of the most popular and well-known solutions in the merchant services industry, especially among ecommerce and other online-based businesses. Of course, while Stripe is a top solution, that doesn’t necessarily mean it’s right for every small business. .

Small Businesses 52

Small Businesses Transactions Credit Card Payments 52

Fundera

APRIL 24, 2019

With around 4,000 Intuit employees, accounting professionals, small business owners (and employees!) and entrepreneurs, it’s impossible not to connect with someone that can help you change your business for the better. How to Set Up QuickBooks Credit Card Payments. Here’s how to get started.

Credit Card Payments 89

Credit Card Payments Transactions Small Businesses 89

Fundera

AUGUST 20, 2019

Cheapest Credit Card Processing for Small Business. Square: Cheapest credit card processing for mobile payments and point of sale. Fattmerchant: Cheapest credit card processing for high-volume businesses. Payment Depot: Cheapest credit card processing for mid-sized businesses.

Small Businesses 40

Small Businesses Credit Card Payments Transactions international credit 40

Fundera

NOVEMBER 23, 2018

Wells Fargo Merchant Services provides small business merchant accounts and connects these merchant accounts to First Data credit card processing services. You likely know Wells Fargo as the mega-bank that offers both consumer and small business services to almost 70 million customers across the United States.

Credit Card Payments 59

Credit Card Payments Credit and Collections Transactions Small Businesses 59

Fundera

AUGUST 1, 2020

If you want to accept debit or credit card payments at your business, you’ll need to invest in merchant services. required for you to accept and process card-based payments. A merchant account is a type of bank account that allows your business to accept debit and credit card payments from customers.

Credit Card Payments 52

Credit Card Payments Transactions Small Businesses 52

Eagle Business Credit

MAY 9, 2024

Running a small business is a challenging endeavor, often fraught with hurdles that test the resilience and adaptability of an entrepreneur. In this blog, we will explore the various alternative financing options available for small businesses and discuss why they are becoming increasingly popular choices.

Small Businesses 40

Small Businesses Credit Scoring Credit Card Payments Default 40

Fundera

DECEMBER 25, 2018

Worldpay is the largest merchant acquirer in the United States by transaction volume, processing over $21 billion in payments in 2016. Behind that success is a broad range of payment processing and point of sale (POS) options developed over 50 years in the electronic payments industry. Mobile Payments.

Small Businesses 40

Small Businesses Electronic Funds Transfer Credit Card Payments Credit and Collections 40

Fundera

JANUARY 27, 2019

Plastiq is a payment app that lets you consolidate all your purchases onto credit cards, maximizing rewards and cash back. Consumers and small businesses can use Plastiq to pay with a credit card, even when a vendor won’t accept credit card payments. Photo credit: Plastiq.

Small Businesses 40

Small Businesses Credit Card Payments Dashboards Credit Card Companies 40

Lendio

APRIL 20, 2023

Accepting credit card payment is essential for any business. Most people have at least one credit card at all times, but can the same be said for cash? A payment processing provider handles the operational aspects of accepting credit and debit card payments.

Credit Card Payments 52

Credit Card Payments Credit and Collections Transactions Small Businesses 52

Fundera

DECEMBER 2, 2020

With this information in mind, debit card processing could be just as influential (if not more) as credit card processing to small businesses that are accepting card-based forms of payment from customers. So, how does debit card processing work? What Is Debit Card Processing?

Credit Card Payments 58

Credit Card Payments Transactions Credit and Collections Small Businesses 58

Fundera

MAY 23, 2019

A point of sale (POS) is a combination of software and hardware that a business owner needs to run transactions. The software typically encompasses a myriad of functions, including payment processing and staff, customer, and inventory management. Note that a POS should not be confused with a credit card processing system.

Transactions 70

Transactions Credit Card Payments Credit and Collections Small Businesses 70

Fundera

DECEMBER 2, 2018

Today 77% of Americans prefer to pay with plastic, which has helped make mobile credit card reader technology ubiquitous. In this guide we are going to explore that market to find the best mobile credit card readers for small business owners. How Does a Mobile Credit Card Reader Work.

Credit Card Payments 49

Credit Card Payments Credit and Collections Transactions Small Businesses 49

Fundera

OCTOBER 29, 2018

The world of small business finance is abundant with confusing acronyms. One of the most frequent, acronym-based questions that come up for small business owners is “What is a POS?”. Whether it’s online or in person, a point of sale system will allow your business to accept card payments and—hopefully—much, much more.

Transactions 70

Transactions Credit Card Payments Small Businesses Credit and Collections 70

Fundera

JANUARY 28, 2019

A merchant account is a bank account that fronts your business the majority of the proceeds from credit card payments you accept before your customers pay off their card issuers. If you run a small business, you’ve probably been told a few times that you need a merchant account.

Credit Card Payments 52

Credit Card Payments Transactions Small Businesses 52