One of the country's leading funders is expanding their resources to become a one stop shop for small businesses.
MIAMI, FL / ACCESSWIRE / July 16, 2024 / Miami-based FundKite announced the launch of FundKite Merchant Services, a new payment processing division that expands the company's existing suite of products to offer low fee merchant services to businesses across the US, alongside quick access to funding.
FundKite Merchant Services will provide small businesses with a comprehensive suite of payment solutions for entrepreneurs, at competitive rates. The new division will support all major credit card networks and offer state of the art payment technology to better facilitate credit and debit card transactions with reduced fees, daily financial reporting, acceptance of other forms of electronic payments through secure, point of sales systems, check guarantee, and more. Business owners will have access to diverse payment methods, including contactless, mobile, ACH, POS, Gateway, and EMV transactions and are able to integrate into existing systems.
Serving popular industries including retail, quick service restaurants, and e-commerce, the company said FundKite Merchant Services will better be able to offer small businesses more integrated support with customized funding solutions, aiding in the management of cash flow and working capital.
Small businesses are continuing to struggle with high inflation and an uncertain economic future. As entrepreneurs across the country deal with this continued uncertainty, the latest announcement from FundKite not only marks the company's entrance into the merchant processing space, but also diversifies its offerings and provides small businesses with a comprehensive solution for capital needs and payments.
Alex Shvarts, CEO of FundKite, said "given today's challenging economic climate, high interest rates, strained cash flow and increased difficulty in meeting lending criteria from traditional financial institutions, it's more crucial than ever to help Main Street American thrive, by offering savings through unique payment solutions and alternative financing options.These businesses are evaluating and upgrading their outdated, legacy payment processing providers. We're seeing an incredible demand for our products and are proud to offer small businesses a wider suite of solutions, so they not only survive but grow."
About FundKite
Founded in 2015, FundKite provides an online funding platform for small businesses and has processed over 200,000 small business funding applications across the country to date. The fast growing fintech offers up to $2 million in funding and a repayment plan based on a percentage of the business's gross sales, until fully repaid.
Media Details
Name: 5W Public Relations
Email: fundkite@5wpr.com
Organization: FundKite
City & Country: Miami, United States
Website: https://fundkite.com/
SOURCE: 5W Public Relations
View the original press release on accesswire.com
