Even though many people have some type of health insurance, it’s likely that your patients will need to pay for some of their services out of pocket. Whether it’s a co-payment or the full cost of a visit, people like the convenience of paying by card.
Every so often a client will ask us, “How does [processor’s name] quote compare to the quotes I’ve received from processors through CardFellow?” I’ll elaborate throughout this article, but the short answer is: it doesn’t.
When you need money for your small business, it may be tempting to take a merchant cash advance, or an advance of money against your future credit card sales. Your credit card processing company (or other cash advance provider) will deposit money into your bank account, which you will then pay back through daily automatic deductions from your credit card sales.