Annapolis, MD (PRWEB) November 13, 2012
Businesses in Maryland are enthusiastic about the Mergers & Acquisitions Partner Program that is now being offered by Merchant Data Systems. There are times when all businesses could use a little extra assistance in managing their portfolio, which is why this program is so valuable. MDS has always been a leader in the payment processing industry and now they are taking things to a new level.
Running a business today can be hard and with all the pressure, it becomes difficult to keep the finances straight. MDS is stepping in and helping these companies to manage their merchant portfolios. MDS forms a partnership of sorts with the company. This joint venture can prove to be quite helpful in bringing in revenues and allowing more free time. The beauty of this program is the company can get instant cash for selling their portfolio. Once the company and MDS have an agreement to sell their merchant portfolio, the cash is theirs; it’s that easy.
Not every company will be quick willing to sell their valued merchant portfolios, but this program has many advantages, like getting the cash needed. When a business is new in its inception, it can take quite some time to actually see profits being generated. Not every company will qualify for this merger program; a company must be utilizing ISO or Independent Service Organization.
ISO simply is a portfolio that clients keep with their reoccurring credit card authorizations in. These customers are charged routinely and this can be a daunting task to do by hand. These files are valuable to the business because they contain all the pertinent information needed about this company and their payments and processing methods. MDS is looking for companies who wish to sell their ISO portfolios and enter into an agreement to get fast cash. This arrangement is a win-win for both parties. MDS collects a small percent of payments processed and the business has help processing monthly payments and keeping the portfolio managed.
For those companies who are a little apprehensive of such an arraignment, they should know the background information behind MDS. They have been in business for more than 15 years. This Miami, Florida Company is a merchant acquirer that gives all their joint venture partners the opportunity for growth. They offer a fair market value to all of their customers, which make them a highly desired company to do business with. Their friendly customer service and outstanding representatives make dealing with MDS enjoyable.
MDS can handle the large volume of clients because they have a state-of-the-art set up and the equipment to handle it. They have a 24 hour customer service center that can be beneficial to everyone involved. They never close, not even on Christmas, they are open year round. When calling MDS, a client will not just get any representative. The representatives are fully trained and are very well-informed about MDS and their products and services. Talking to someone who is able to help is very valuable when assistance is needed.
Like with anything, it can be a major decision to sell an ISO portfolio. However, when there is a company like MDS that is on the other side, it makes this major decision a no brainer. This is a joint venture and selling a portfolio will still allow the business the rights to that portfolio. The great part of the arrangement, MDS steps up and helps out with all the merchant processing. Those who have larger companies with many transactions to process will gladly want to hand it over to a company that is more qualified.
Any business that processes their own credit card transactions will have to have the proper equipment to run large batches; the normal credit card terminal would take forever. That is why MDS is such a value, because they have all the equipment and the staff to process these transactions. While the program is new to the state of Maryland, it is already having great success in other parts of the country. For some businesses it is a welcomed relief to have someone else handling the financial processing aspects of their company. Let MDS take care of the dreaded charge-backs and other financial issues and focus on running the company and acquiring new business.
For Merchant Data Systems to buy a merchant portfolio, they are looking for companies that have strong and stable financial transaction history. They ideally need to make around a 20% profit off of the merchant service sales. Companies that are in financial distress are not really the kind of partnerships they are looking for. They want profitable companies that will make this venture worthwhile.
The merchant services sales arena is an area that all companies could use help with. MDS is proficient in maintaining larger accounts and can be of great benefit to any business. MDS is motivated to bring this program to many states and offer this type of assistance. Companies, who need to have fast cash and pay off bills or do capital improvements, can look to MDS for support.