It’s never smooth sailing for small upcoming business. The challenges that come with running your new business may go out of hand depending on different factors. So if you’ve suffered bad credit or bankruptcy from a previous business enterprise, then you’re definitely a high risk retailer who will need a bad credit merchant account. What’s a
To accept credit and debit cards from your customers, you will need to first secure a merchant account. Easier said than done? One of the biggest reasons merchants struggle to secure an account is because of bad credit. If your struggling with bad credit from a previous business venture – or other circumstances – you
The rise of APIs and the race for consumer loyalty have made payments players think of innovative solutions like never before. This has resulted in a new openness to outside developers. Both in the US and abroad, many organizations are opening up developer portals or joining open banking working groups, either by choice or by
If you want to grow your business, you should start accepting credit cards from your customers. For this, you should obtain a merchant account. If you’ve decided to turn to a merchant processor, the latter will require a fee for accepting credit card transactions and will connect transactions with your business checking account. Criteria for
If you’re looking for business financing, you might be interested whether your personal credit affects your business credit. The good news is that bad credit doesn’t mean the end of the world: you can still qualify for a business loan with poor credit. The Importance of Credit Scores If you’ve decided to turn to a
Do you have bad credit? Don’t let bad credit wreck your dreams of having a successful business. Companies with bad credit often get denied for loans from banks and traditional lenders. EMB is a proven online lender and payment processor that deals with high risk companies and bad credit merchants. Still there are ways for
Most people are familiar with credit scores, and why they’re important. One aspect that’s often overlooked, however, is how critical they are for the small business in need of a loan. Very few startups are lucky enough to be able to thrive and grow off a little investment from a venture firm or equity investor.
Do you own a small business, but can’t find reliable payment processing because of bad credit? Don’t let bad credit stop you from starting your business. A new study shows that only 25 percent of merchants are turning to banks for financing. Instead they use more efficient and less restrictive methods to get the critical
It is still possible to get a merchant account with bad credit, bankruptcy, and tax liens. Though traditional banks and most lenders will shy away from your business if it has a bad credit history, you can turn to payment processors that can open a merchant account for your company with ease. Get the Best
If you are going to start a business, it won’t be easy to find the necessary funds if you have a poor personal credit history. It won’t be easy, but it is doable. There are a number of ways you can use to take your business off the ground even if you have bad credit.