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ACH Blog Posts

By First American Merchant

Feel free to give us a call for more info 1-800-210-5649

The BEST Small Business Opportunities for Small Town USA

When planning a startup, entrepreneurs may be tempted by the innovative atmosphere of the Silicon Valley or other large urban landscapes. But plenty of opportunities for entrepreneurs exist in small town America too. There are whole new sets of challenges, trends and other factors for small town entrepreneurs to consider. But there are advantages as well like lower costs and lower competition. And with the internet there is, of course, the option of reaching those larger markets while you and your staff enjoy a lower standard of living where your money goes further — especially in the lean years. Merchants, […]

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Is It Difficult to Get an ACH Loan?

One of the more innovative products available in the alternative lending marketplace is an ACH loan (sometimes called an ACH advance or cash flow loan). ACH loans are a broad category of business loans that are specific in the way in which they are paid back. When you apply for an ACH loan, a prospective lender (like First American Merchant) will review your business’s checking account statements, typically going back several months. Why would they do this? Simply to get a sense of your average daily closing balance, which helps them determine how much of a loan to offer you, […]

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Get Approved for an ACH Loan

Are you looking for business funding for your company? Take the time to do some research and find a reputable business loan provider that will help you take your business off the ground and grow. Consider turning to firstamericanmerchant.com, an award-winning business loan provider and high risk processor that boasts an A+ rating with the BBB. First American Merchant offers the following types of business funding to merchants so that they can take their business to the next level: Merchant Cash Advance ACH Program High Risk Business Funding Consumer Financing ACH “Bank Only” Program from First American Merchant If you’re […]

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Is ACH a Secure Network for Payments?

The subject of security is always a sticking point especially when dealing with money matters. This time the spotlight is on ACH with both merchants and customers eager to find out if ACH is a safe way to make and receive payments. Similar to all payment technologies, ACH also comes with its risks. There’s no 100% guarantee you are safe from fraud. However, there are a number of measures users can take to guard themselves when receiving or sending payments via the ACH network. ACH is normally regulated by the state government and managed by National Automated Clearing House Association […]

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ACH Payment Processing

The National Automated Clearinghouse Association (NACHA), the Electronics Payments Association, has recently announced that ACH (Automated Clearing House) overall transaction volume in 2016 made up 25.6 billion. According to NACHA, the 25.6 billion transaction volume represented a 5.3% increase over 2015 volume. This is the 3rd consecutive year, in which the volume has grown by a billion transactions or more over the previous year. Moreover, in 2016, the ACH Network processed $43.7 trillion, which represented a 5.1% growth from 2015. When it comes to the launch of Same Day ACH in September 2016, the payment type was responsible for over […]

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Boost Your Small Business Customer Base with ACH and ECheck Payments

In the modern world we live in, it’s easy to forget that some customers don’t have or do not wish to use credit cards as a payment option. For merchant’s, this means a missed revenue opportunity. It also leads merchants to a question of security. How can my business accept other payment options both efficiently and safely? ACH and eCheck Payments If you want to increase your customer base, it’s important that you provide customers with multiple payment alternatives at the point of checkout. This includes in-store and online transactions. You want to make sure your business is prepared to […]

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What is High Risk ACH Processing?

Thanks to technology and new innovations, business is continuously evolving. This includes an increased movement toward an electronic, mobile infrastructure. ACH (Automated Clearing House) plays a huge role in this. What is ACH? ACH is a network the was established for financial transactions within the U.S. This network makes it possible for various banks to communicate efficiently regarding transactions associated with accounts held by those banks. ACH provides the ability to move funds to and from those accounts. Compared to credit cards and traditional check acceptance, ACH transactions are far superior. The advantage of ACH processing is that it typically […]

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Getting A Business Loan From An Alternative Online Lender

Getting business funding requires some planning. It is important to gather the required information and documents ahead of time. This will help you go through the whole process easily. Alternative online lenders are a great option to apply for business funding. They offer fast approval and ease of application process, and are increasingly becoming more and more popular. Generally, you’ll be required to provide only 3 or 4 documents. The whole process will take minutes instead of days, and you’ll be able to get your funding in some 24 hours. It’s critical to turn to a reputable business loan provider […]

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Common Challenges Every Entrepreneur Faces but Never Shares

If you look at a successful businessman, all that comes to mind is just how lucky they are and always have been. What you never allow yourself to figure out is the kind of internal struggles they go through, or the ones they might have had to bear with to get to where they are now. Get close and personal with most successful entrepreneurs and you soon realize there’s so much you can relate to. Especially their struggles. Matter of fact: no successful person ever planned for what they have achieved, they simply pursued it with determination, and eventually that […]

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How an ACH Business Loan Can Help Business Growing Pains

Business growing pains suck. They happen to most businesses – and if your business is going to be successful, it will happen. So, what do you do? First off, don’t panic! There are things that you can do to curb growing pains and other issues, and all without a bank loan. An ACH business loan is what you need. This is not a loan, but rather a “buy in” to your future sales. An ACH funding program, also called “Bank Only” funding allows providers like FAM to fund merchants even if they don’t have a merchant account. A business cash […]

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