Aside from possessing technical skills, contractors who work on remodeling and construction projects need to master effective financial management practices as well. Unlike smaller projects, which are paid either before the job begins or upon completion, contractors may face long payment periods in larger projects that may last for weeks...
ACH vs. Card Payments for Contractors and Field Services: Which Is Better for Your Business?
Payment practices for field service providers and contractors are rapidly evolving. The emergence of digital payments has created new opportunities in an industry that previously relied significantly on checks and cash. Now at the forefront of the conversation are two of the most widely used payment methods: card payments and...
High-Risk Merchant Accounts 101: Underwriting Flags and How to Prepare Your File
If you operate a business in a high-risk industry you are probably already aware how difficult it is to find a merchant account. High-risk merchant accounts is a type of payment account built to manage businesses such as yours. These accounts assume greater risk, such as liability for chargebacks or...