Equipment- Every business you go to that accepts credit cards has to have a credit card terminal. Whether it is a store, restaurant, gas station etc., they all have credit card machines or terminals that they use to charge credit cards. A small number of companies will purchase these machines but because the technology changes so frequently the vast majority of businesses lease these machines from companies like us. From now on change the way you do business and save yourself some money by choosing Eagle Merchant as your equipment lender today!
Cash Advance- In this boom or bust economy, businesses are either doing so well they cannot expand quickly enough or looking for additional income to get them through the tough economic times. Regardless of if a business is booming or busting they can all use some additional cash flow and that is exactly what our cash advance system provides. The key thing to keep in mind is that this is a cash advance not a loan. When a business needs extra cash for various projects like building remodels, more equipment, more inventory, etc., there is a huge amount of red tape and paperwork that they have to work through to meet the banks stringent guidelines. Even once a company has received a loan from a bank, they still are not free to spend the money as they would like to. Banks will put use restrictions on the money and expect an accounting of where every cent was spent. The beauty of our cash advance program is the fact that rather than months of paperwork and headaches, businesses will be able to have the cash that their business needs to function within 7-10 business days. Also, instead of a set monthly loan payment businesses are only required to be able to pay based off of their company's performance, if less transactions are processed.
Credit Card Processing- Credit processing is a service which processes credit card transactions for the retail and wholesale companies. When a credit card is used for a purchase, it actually goes through a credit card processing service, not directly to the company which issued the card. The service handles the multiple steps involved in credit card processing in exchange for a fee, usually assessed as a percentage of each transaction. Finding an affordable credit card processing service is vital for any business wanting to be able to accept credit cards.
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