General contractors whether residential or commercial do offer their services to all kind of clients. These clients may be small in size or may be large organizations as well. General contractors play a crucial role in the growth of the infrastructure of any City. Small organizations evolve into large construction companies and eventually start signing big deals.
When a general contractor company is small in size, they can indeed work with the conventional way of payment processing which is accepting payment by cash or bank transfer. When the size of the organization grows, then they need more reliable and faster solutions. This is the time when credit card payment processing option plays a crucial role for general contractors.
CREDIT CARD PROCESSING FOR GENERAL CONTRACTORS
General contractors can accept credit and debit card payment on the website and also in their offices. There are multiple ways of taking payments apart from credit and debit cards. Contractors can also utilize ACH or echeck payment processing options.
The most significant challenge in this industry is that the ticket size is usually a lot higher than other sectors. It is because on contractors usually accept bulk payments and that creates a problem for the merchant account of War or the payment service provider.
If you are a general contractor offering services to your residential or commercial clients, then we can certainly help you in finding a reliable Credit Card processing company. Feel free to contact with any of our representatives to know more about Point of sales devices and online payment gateway for your company.
ECHECK OR ACH FOR GENERAL CONTRACTORS
Most of the customers and the business owners across the United States know what exactly is ACH or echeck payment processing. By using echeck payment processing solutions, contractors can accept high ticket transactions. Most credit card processing companies do not allow high ticket transactions, and here ACH can play a crucial role.
CHARGEBACK ALERTS AND NOTIFICATIONS FOR A GENERAL CONTRACTOR
Since the ticket size is usually very high in this industry merchant should undoubtedly look at chargeback alert solutions. This is important because one chargeback can cost a lot of money to the merchant. Merchants can efficiently manage their chargeback ratio by getting alerts and acting on them.
MERCHANT CASH ADVANCE FOR GENERAL CONTRACTORS
USA based general contractors always need cash for the business expansion. If you are already using a point of sales terminal for your general contractor business, then you may qualify for merchant cash advance. With this cash advance, you can do better marketing of your business and generate more sales. You can also use the funding to open additional offices or to hire more resources. You can also use the money to buy equipment and tools to power your business
PREPAID DEBIT CARDS FOR GENERAL CONTRACTORS
General contractors work with multiple temporary workers. Sometimes it may become a hassle to manage the payroll. Contractors can quickly distribute the salaries to the temporary workers by using a prepaid debit card. This prepaid debit card comes with its account number and routing number. The employer can transfer funds directly to the ACH account of this debit card. To get the International debit card credit check for employment verification is not required.
To get additional information about services that may help your general contractor business feel free to contact us. Our team will be happy to let you know about various merchant services options.