If you want to borrow money to buy property or supplies, your credit report matters. Credit reports are reports that provide a detailed history of an individual’s borrowing and payment patterns. Lenders use this report to assess a consumer’s ability to repay loans. Credit reports also help lenders determine the appropriate loan terms to grant potential borrowers. Thus, it’s critical for individuals to monitor their credit reports. But even as a business owner, it’s important to watch your credit. Here’s why:
Chai Jagarlamudi
EBT Payments – Why You Should Take It
Each year, the United States government issues nearly $100 billion to EBT programs like the Supplemental Nutrition Assistance Program (SNAP). Electronic Benefits Transfer (EBT) is an electronic system used in the United States that allows state welfare departments to issue benefits via a magnetically encoded payment card. EBT replaced paper-based methods of distributing government benefits, … Read more
Credit Card Processing Fees – How to Spot a Good Deal
Navigating the confusing world of merchant accounts can be stressful and difficult if you don’t know exactly what you need and don’t fully understand the terminology utilized by merchant account companies. Merchant account pricing schemes, along with the various credit card fees associated with merchant accounts, can be complicated. The pricing model you choose—such as … Read more
Credit Card Processing Pricing: Are You Getting Value For Money?
The most common form of credit card processing pricing is the tiered option. Depending on the nature of the transaction, the applicable fee can vary greatly — making cost forecasts exceptionally difficult. Tiered pricing can be complex, as different payment processing companies may use a variety of fee structures, which can include different fees … Read more
Artificial Intelligence and Marketing
Artificial intelligence (AI) has leaped from the pages of science fiction novels into the marketing mainstream. Twenty-six percent of marketers say AI is the next big marketing trend, and it’s clear to see why. Machine learning algorithms, predictive analytics, speech recognition apps — big brands use these technologies to maximize their marketing. AI algorithms analyze … Read more
Worst Credit Card Processing Companies: Processors to Avoid
Businesses in need of credit card processors need to weigh their options carefully. The right payment processor is reliable and cost-effective, allowing customers to use their preferred methods of payment. In other words, the right service can keep your customers happy! The worst payment processors, however, can add considerable stress to your business and cost … Read more
Social Media and The Small Business Owner
The success of any business comes down to one thing: How well your company can meet the needs of its customers. Repeat business and a growing client base are the result when you understand and deliver what consumers want. This requires communication, and the modern, peerless mechanism for the exchange of ideas is social media. … Read more
