Lock-Box/Trust Accounts/Pass Accounts This is where a merchant funding company requires merchants to open a new bank account in order to receive their funding. This account is controlled by the funding company until the advance has been repaid in full.…
This client had been selling heavy farm equipment for 25 years but one of the biggest challenges was not in finding clients to buy his equipment, but more for his clients who needed to find the funding to purchase his…
I had a client contact me a year ago with a BIG need for money. He had gone to the bank and a few other sources to try and get the money he needed without success. He then contacted Synergy…
This years Canadian Restaurant & Food Services Show at the Exhibition Place in Toronto was a great success for Synergy Merchant Services. We had such a great response at this show meeting a bunch of great people. One client that…
This client was in distress! Due to ongoing construction in the mall where his business was located, his slow season became almost catastrophic. As my client made many attempts to attain working capital from the bank, private lenders and even…
Merchant Cash Advances in Canada are steadily becoming a more popular option for business owners all over Canada with many requests from American companies who unfortunately do not qualify for our program. As our clients know, Synergy Merchant Services is…
Merchant Cash Advances are becoming more commonly known to be closely related to the success of our clients. With an overwhelming response from recent marketing strategies through Toronto's FAN 590 radio station, we have discovered that there are so many…
The Synergy Merchant Services funding blog is published from years of experience in the merchant funding and merchant cash advance industry. The articles in this blog are expressed by only our top level executives to provide you with the most…
The Melochenator© CRM is what helps us help you. Our Melochenator© CRM solution lets our agents automate all your critical business information, while increasing productivity and reducing costs. Our Melochenator© CRM solution also helps us manage effective sales, marketing and…
I'd like to communicate a very important note about what we here at Synergy Merchant Services refer to as "the trap". In many cases our competitors' primary business is NOT merchant cash advances but actually point of sale systems…