Some suggestions for GS Online

use your site frequently and seem to find myself a little lost at times. I think that the site should be categorized a little better and have a lot more interesting and fresh materials. Do not think that I dislike the site, but I would like to see richer content and updated articles.

I also think the Web site should provide reviews on credit card processing companies. Call each company that submits to your directory, ask for a few references, and post two to three references for each company. Charge if you like, maybe $10. This would be a great place for agents with other companies to review and possibly switch credit card processing companies.

Joshua Williams
Executive Regional Manager
CardPayment Solutions Inc.

Joshua:

Thank you for your letter. We are always looking for ways to improve our Web site. If you have suggestions on how to improve the navigation, please send them to us, and we will consider them. We try to keep our stories up to date, and we welcome story ideas from our readers. Please send us your ideas.

As to the processing company reviews that you suggested, unfortunately, we choose not to do these at this time.

Editor

Merchant lending programs: A hot topic

It appears you are well versed in the credit card processing industry. I am a business funding consultant. I am looking for information on lending programs that advance some ratio of monthly gross sales to a merchant. They usually require the merchant to change processors. From what I have seen so far, is this one program, or there are only a few (maybe one?) lenders/processors with this program since they all seem to cap the loan amount at $150,000?

I am interested in finding this original source to investigate further. Do you know who it is? Any help will be greatly appreciated.

Adam Allen
Wanlass Allen Consulting

Adam:

I think that you will find our article "Merchant Cash Advances Open Doors" (The Green Sheet, Oct. 10, 2005, issue 05:10:01) useful. You can read the article on our Web site at: www.greensheet.com/PriorIssues-/051001-/051001.html

Editor