Call 701-793-6203 - jim@fargomerchantprocessing.com
Comparison
Merchant Cash Advance
| Fees | Industry Averages | Encompass Merchant Solutions |
|---|---|---|
| Application Fee | $75-$100 Non-refundable |
Waived |
| One-Time Setup Fee | $60 | Waived |
| Card Processing Software (for PC or eCommerce) |
$195 - $299 | Waived |
| Customer Service/ Statement Fee |
$15-$20 per month | $10.00 per month |
| Internet Processing Gateway Fee |
$25-$59 per month | $10.00 per month |
| Terminal Cost (for terminal service) | $195-$1,000 | Call for great deals! Free Terminal Program Avaliable |
| Discount rate for Visa and MasterCard | 1.95% | 1.59% |
| Per-authorization fee for credit cards |
$0.23-$0.50 | $0.18 |
| Per-authorization fee for debit cards |
$0.23 plus network fees |
$0.18 plus network fees |
| Time to funding | 3-5 business days | 2-3 business days |
Credit Card Processing
| Merhcant Lending | The “Big” Banks | |
|---|---|---|
| All Credit Types Accepted | Yes | No |
| High Approval Rate | Yes | No |
| 5-7 Day Funding | Yes | No |
| Wholesale processing rates | Yes | No |
| Personalized Business Solutions | Yes | ? |
| Sales & Lease Equipment | Yes | No |
| Online Merchant Terminal | Yes | Yes |
Merchant Cash Advance
- Advances from $5000 - $1 Million
- No Upfront Fees
- No Fixed Monthly Payment
- No Fixed Term
- No Personal Guarantee
- Not Credit Based
- 24 Hour Approvals
- Funds In as Fast as 4 Days
Credit Card Processing
- Low Price Guarantee
- No Application Fees
- No Set Up Fees
- No Hidden Charge
- 24/7 Customer Support
- Fast Approvals and Easy Set Up
- High Approval Rates
- All Business Types Accepted