In the fast-paced, unpredictable world of the small business, any and every advantage can make a difference. Here’s yet another way Moolah can give you a leg up in payment processing: the option for next-day funding.
Two words: Cash Flow.
In a sense, cash flow is the lifeblood of your business. You may be a coffee shop, dress shop, or plumber, but at the end of the day, the reason you’re able to continue selling coffee, making dresses, and fixing drains is that you’ve got a dependable cash flow.
We know the struggle. So, for those who’d prefer to make that cash flow a lot more certain, Moolah has unveiled next-day funding. No more waiting, continually checking your account to see if payments have come in so you can send a check—you’ll know when the funds will be there.
Here’s how it works: when you settle a transaction by 8 pm, the funds will be available the next morning.
It couldn’t be simpler, and it couldn’t be more useful. With the assurance of knowing your money is on the way, you’ll have the ability to grow your business like never before. Think of inventory, payroll, rent, and all the other countless expenses that depend on cash flow. Next-day funding takes out the guesswork and gives you the confidence to know your money will be there.
For this assurance, you only pay an extra 0.2%—which still puts Moolah in the price range of its competitors. However, your payment processing will be lightyears ahead (Square usually takes 3 to 5 business days for payments to show up).
Merchants may not realize how big a difference this speed and convenience can make. You may be a business that has heavy weekend sales volumes. Wouldn’t it be amazing to be able to count on that funding on Monday instead of Wednesday? Maybe you run a party business, but you aren’t able to keep a huge amount of inventory on hand. Having dependable cash flow can mean that you won’t find yourself on the hook paying out of pocket, or on a credit card with interest that will cut into your profits. Knowing the funds will be there in the morning can eliminate a lot of stress. And when you’re operating your business with less stress, you’re making smarter decisions. When you’re making smarter decisions, your business is thriving and growing.
Remember that not all payment processing companies are created equal. If cash flow is essential to the success of your business, pick a service that can deliver with next-day funding.