The Importance of Next-Day Funding*
One drawback to some credit card processing companies is the delay in payment. When you have to wait for weeks after you have provided goods or services, you may find that you don’t have enough capital to make the reinvestments your company needs to survive. This is why next-day funding* is so critical.
In some cases, you may need to wait anywhere from 30 to 45 days before funds are received in your bank account. For small businesses, this wait can seem like an eternity. Those days of waiting are days that your business goes without supplies and inventory, which could lead to a loss of revenue and profit. A web-based credit card processing system helps you to get the money that is rightfully yours more quickly.
Even with some companies that claim to provide faster payment turnaround, the wait can still be between two and four business days. With the speed of the digital age, there is no excuse for these extended waiting periods. You need a company that can deliver funds to your account within 24 hours of completing a transaction.
Next-day funding is a benefit for small businesses and companies that are just getting started. When a delay in payment could mean disaster for your company, next-day funding is the only business choice that makes sense. Stop paying high fees just to have to wait a month before you see funds in your account. Choose a credit card processing company that offers you quick turnaround and reliable service.
*Next day funding is not guaranteed for all merchant accounts. Available only for qualifying merchants. To see if you qualify, call (800) 993-6300 now and speak to an account specialist.
