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FundKite Launches New Division to Assist Small Businesses

As today’s small businesses grapple with challenges such as rising interest rates, inflationary pressure, and economic uncertainty, FundKite, a prominent small business lender, has introduced a new division to better cater to the needs of these businesses.

The newly launched Merchant Services Division by FundKite offers small businesses a wide range of payment solutions. This innovative offering supports all major credit card networks and leverages advanced payment technology to facilitate credit and debit card transactions with reduced fees. Moreover, it includes daily financial reporting, secure acceptance of electronic payments through point-of-sale systems, check guarantees, and more. Business owners can access a variety of payment methods, including contactless, mobile, ACH, POS, Gateway, and EMV transactions, all seamlessly integrated into their existing systems.

The expansion into the merchant processing space marks FundKite’s commitment to empowering businesses with the resources necessary for growth and success in today’s challenging economic landscape.

In response to the current economic climate, FundKite’s CEO, Alex Shvarts, emphasized the importance of aiding Main Street American businesses by offering savings through unique payment solutions and alternative financing options. The company is witnessing a significant demand for its products and takes pride in providing small businesses with a broader range of solutions to not only survive but thrive.

Surveys conducted by FundKite earlier this year revealed that a substantial percentage of small business owners harbor concerns about inflation and the possibility of a recession, highlighting the vital role of offerings that support Main Street America during times of financial uncertainty.

Businesses partnering with FundKite Merchant Services benefit from integrated support and customized funding solutions, solidifying FundKite’s position as a comprehensive solution provider for small businesses nationwide.

Established in 2015, FundKite has processed over 200,000 business funding applications nationwide and serves a diverse range of industries, including retail, restaurant, auto repair, manufacturing, and e-commerce. The company is headquartered in Miami.

How AI legalese decoder Can Help

AI legalese decoder can assist small businesses in understanding and navigating the complex legal language often found in financial agreements and contracts related to merchant processing services. By leveraging AI technology, businesses can ensure transparency and clarity in their dealings with financial institutions, thereby avoiding potential pitfalls and making informed decisions about payment solutions. The AI legalese decoder tool can decode legal jargon, provide simplified explanations, and offer insights tailored to the specific needs of small businesses, ultimately empowering them to make sound financial choices and thrive in a competitive market.

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