In Next Day Funding, Small Business Credit Card Processing

Whether you own a small business that is trying to expand, or you have a new business that is just getting started, you need access to the funds from each of your sales as quickly as possible. With many credit card processing companies, this simply isn’t an option, and you may risk your company’s future by having to wait for weeks to see payment. Next-day funding* offers you a fresh alternative that keeps your business running smoothly.

Many payment processing companies require you to wait 30 to 45 days to receive funds in your account. While they claim that this is to protect you from fees for chargebacks and other accounting concerns, the reality is that all payment processing companies could give you access to your funds, if they wanted to. It is more profitable for them to hold on to your money, than to deliver it to your bank account immediately.

For small businesses and those that are just starting out, a delay of 30 days could mean the difference between paying your office rent and utilities, and shutting down your business for good. When you opt for next-day funding, you can rest assured that you will always have access to your business income, so you can pay bills, order supplies, and maintain your inventory.

With so many credit card payment processing companies requiring merchants to wait for their hard-earned money, next-day funding is a welcomed change for many business owners. If you are concerned about having easy access to your funds, consider switching your processing services provider to one that offers next-day funding.

Leap Payments offers low rates, next day funding, as well as mobile options that allow you to accept payments from literally anywhere.  Choose Leap Payments to stay ahead of the constantly changing payment processing technology.

*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.

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