ACH loans are unsecured loans that are both disbursed and repaid through the automated clearing house bank-to-bank transfer system. As a form of short-term loan, ACH loan qualifications tend to focus more on the flow of revenue into and out of your business checking account rather than your credit score.
ACH and Check Processing Blog Posts
From mobile payment apps to wire transfers to good old-fashioned checks, the right money transfer method for your situation will depend on how much money you want to transfer and how quickly you need the transfer to be made. Let’s go through your transfer options. Afterward, check out our guide to business banking if you’re curious about other aspects of business financial management.
A real-time payment is a transaction made through the Clearing House’s RTP network. Though more limited than ACH, payments made through the RTP Network settle almost immediately.
Novel payment methods seem to be arriving at a faster and faster pace. One you may have heard of recently is called a payment link, a way to bill your customers through their mobile devices (or email, if you or they are feeling retro).
When you’re running a business by yourself, however, you’re probably going to be looking for labor-saving conveniences whenever you can get them. Wave, a popular accounting tool for freelancers, now offers integrated credit card processing with its (almost) free-to-use software.
If you collect payments online, your customers are likely accustomed to using credit or debit cards, PayPal, or even digital wallets, but some may be open to authorizing a simple bank transfer via the good old ACH Network. How do you compare ACH service providers and choose the best one for your business? Read on!
Whether you’re offering magazine subscriptions, a grocery delivery service, a subscription box company, or software-as-a-service (SaaS), a good subscription billing service attends to your particular needs. From invoicing to accounting to reporting and analytics, we want to match you with the recurring billing service that fits your business’s needs without making you pay for features you don’t need.
As a freelancer, billing is important. If you don’t send out your invoices, you don’t get paid. But you can’t spend all your time sending invoices and chasing after payments. You’ve got to do some billable work too. Read on to find out the different software services that can help you do everything easier and faster.
Whether you are aware of it or not, you use ACH to make payments every day. In fact, even when a payment is not called an ACH transaction, a portion of that process might still pass through the ACH network. This is because ACH payments form the backbone of money transfers between US banks.
Zelle is a money transfer service meant to compete with Venmo and PayPal. Now even businesses can use Zelle to move money around and make payments — here’s what you need to know about using Zelle for business.