Credit Card Processing for Wholesale Food Distribution Companies by Jennifer Loganathan

by Jennifer Loganathan on Nov 6, 2010

In slow economic times growing your business can be tough. Now days, business owners are trying to see to the future as much as they can and develop strategies to cut costs to get through the slow times so they don’t have to go out of business. In slow economic times weathering the storm is easier when preparing for the future. Using a platform that has been the same through the years right now in this day and age is not justifiable, businesses are forced to make changes to keep up with the demands of their clients and changing economy. Historically large companies will enact a ten or twenty year plan. In this day and age that has become almost impossible to do. The projections and needs have become more short term. While trying to sustain their business for the next upcoming years, businesses are trying to find various ways of increasing cash flow and reducing unpaid invoices. One of the ways many large businesses especially in the wholesale marketplace are doing this is by obtaining a merchant account to process credit card transactions. Many smaller – mid size businesses now use credit cards solely for their business purchases and this includes large recurring purchases. Even though your business is wholesale distribution and you may not see the need, your struggling customer most certainly will choose to do business with a wholesale distribution company that can offer them more payment alternatives. This being credit card processing and ACH processing. If your clients are able to succeed you succeed. Many wholesale distribution merchants have found that they now have much less unpaid invoices, larger orders, and happier customers. Enjoy uninterrupted credit card processing, recurring billing, tokenization, ACH processing and a virtual terminal to accommodate all of your business needs. To your client the ability to use a credit card for payment is essential to their businesses livelihood. The merchant application process is simple and seamless, approval is obtained typically within 24 hours and set up times are just as quickly. Finding a credit card processor that understands your business model will not be easy to find. You will need someone who knows your B2B/Wholesale business. Finding a provider that knows your industry can and will be tough. You will have to do a lot of digging to find them. The first place you can look is your local association. If you check with your association chances are they are working with a credit card processor already who has a full understanding on your industry. Working with the correct merchant account provider is essential, they will offer custom tailored processing solutions made specifically for your industry.

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Source: Jennifer Loganathan is a Vertical Sales Manager with Pivotal Payments for the Wholesale Food Distribution industry. For more information on custom tailored credit card processing and ACH solutions for your wholesale distribution business please start the pre-application process by applying now.
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