Results 1 to 5 of 5
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04-11-2021, 08:23 AM #1
- Join Date
- Jul 2018
- Posts
- 58
Question for funders
Hello,
If you are currently using a 3rd party service to pull ACH's from your merchants and dont want to wait 3/4 business days for funds to show up in your bank.
Which bank would you recomend to turn to?
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04-12-2021, 09:19 AM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,921
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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04-12-2021, 09:54 AM #3
- Join Date
- Aug 2020
- Posts
- 143
Some funders use banks that credit them the same day as the ACH pull, and returns are debited up to 5 days later. Others use the basic 3rd party companies that clear in 3 days. Unless you have good funding volume and consistent daily default numbers you aren't going to be able to partner with a bank, so count on 3 days being the quickest you see the money.
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04-13-2021, 11:19 AM #4
- Join Date
- Jul 2018
- Posts
- 58
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04-13-2021, 11:20 AM #5
- Join Date
- Jul 2018
- Posts
- 58
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