Payment processing for small business.

Payment processing is a business service, not funding. Card processing costs can quietly add up, and a review of your setup may help more of each sale stay with you. We help you understand your statement and explore options that may fit better.

By Robbie Garvey, Founder · Last updated

What this means: A review of how you accept card payments and what it costs you.

Often a fit for
Businesses that take cards and want a second look.
Lenders usually look at
Your current processing statements.
Have ready
Recent processing statements.
Pace
Usually quick to review.

New to these words? See the glossary. Every decision and every term comes from the lender.

Why processing deserves a second look

Most businesses accept cards, and most owners have not looked closely at their processing statement since the day they signed up. Fees can come from several directions: per-transaction charges, monthly fees, equipment leases, PCI compliance fees and more. Small differences multiply across hundreds or thousands of transactions.

A review does not mean you have to switch. Sometimes the right move is simply understanding what you pay and why.

Reading your statement

Processing statements are notoriously hard to read. Common pricing models include flat rate, tiered and interchange-plus. Each one presents costs differently, which makes comparisons tricky.

When we review a statement, we look at the pricing model, the total effective cost compared to your monthly card volume, any equipment lease terms, contract length and early termination fees. Then we explain what we found.

What a better fit can look like

A better fit might mean clearer pricing, equipment you own instead of lease, a point of sale system that matches how you work, faster deposits, or support that answers when you call. For restaurants, retail and service businesses, the right setup can also make daily operations smoother.

Before switching, it is important to check your current contract for early termination fees and equipment obligations so there are no surprises.

Questions to ask any processor

Before you sign with any processor, ask what pricing model they use and request a sample statement. Ask whether equipment is purchased, rented or leased, and what the lease term is. Ask about contract length, early termination fees, monthly minimums, PCI compliance charges and how quickly deposits reach your bank account. Ask who you call when a terminal stops working on a Saturday night.

Write the answers down and compare them side by side. Clear answers are usually a good sign. Vague answers are worth a second look.

How processing connects to funding

Your card processing history can also matter for some funding options. Steady card volume and deposits help with working capital and revenue-based lines of credit. Keeping processing and banking clean and consistent makes those conversations easier later.

How we help

Send us a recent processing statement and we will walk through it with you. If a different setup may fit better, we will explain the options and the tradeoffs. You are never obligated to change anything. When it feels right, use the form below or call us.

Related options

Business Line of Credit

Compare line of credit options side by side.

MCA / Working Capital

Short-term funds for payroll, inventory, marketing or a slow season. Often repaid from future sales.

Revenue-Based Line of Credit

Reusable credit sized around your business deposits and revenue.

Not ready yet?

Work on your credit first

Credit shapes the options open to you. See how lenders look at it, check where you stand and find help if you need it.

Frequently asked questions

Is payment processing a type of funding?

No. It is a business service for accepting card payments. It can still affect your bottom line.

What do I need for a review?

A recent monthly processing statement, ideally from the last one to three months.

Do I have to switch processors?

No. A review is for clarity. Switching is always your choice.

Can I keep my current equipment?

Sometimes. It depends on the equipment and any existing lease or contract terms.

What should I have ready before we talk?

A sense of what you need and why, plus three to six months of business bank statements if you have them. For a processing review, a recent statement. We can start with a simple conversation either way.

What happens after I apply?

Applying is free and takes a few minutes. Here is what to expect, step by step.

  1. You start your path

    A short online application, or a call with our team. About the business, what the money is for and how much you have in mind.

  2. We reach out

    My team and I review what you shared and call or text you, usually to ask a few questions and explain what we see.

  3. A few documents

    Usually recent bank statements and your own credit report through our IdentityIQ link. No hard credit pull to start.

  4. Options come back

    We shop your file with lending partners and walk you through any offers, including the total payback.

  5. You decide

    Take an offer or don't. There is never pressure, and you can stop at any point.

Timing depends on the option and the lender. We'll give you honest expectations once we know your situation. Rather talk first? Book a free 20-minute call.

Start your path

A short, free application. No hard credit pull to start.

Whenever it feels right, let's talk it through.

No pressure and no hard credit pulls to start. Tell us where your business stands, and we'll walk the options together.

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