As this year's CRFA Show approaches (March 2-4 2008 Direct Energy Centre, Toronto) I would like to point out that not all Merchant Funding Companies are the same. Inevitably, there will be competitors at the show (I use the term “competitors” loosely!). I’m not trying to put anyone else down but I do know that Synergy Merchant Services product is a unique, and superior product for any Canadian Merchant, looking for a Merchant Cash Advance.

Please do not take my word for it, check them out yourself. Ask questions…lots of questions and make sure they’re the right questions.

QUESTIONS & SYNERGY MERCHANT’S SERVICES ANSWERS

Q: Am I required to switch my payment processor?
A: No, you will not have to switch processors as long as you are with any of our approved processors. (Moneris, Global Payments, Monex, P.O.S. West, Collective P.O.S., ATB Financial, Versapay, Chase Paymentech and ID Tel).

If you are not currently with an approved processor, Synergy Merchant Services will provide you with a referral for a non-commissionable contract.

Q: Am I required to open a Trust Bank Account? (lock-box)
A: No, you will not have to open a Trust Bank Account. Through our direct relationships with our approved processors, we can deposit your funds and withdraw our funds directly to and from your existing bank account.

Q: How long will it take to get approved?
A: It takes about 24-48 Hours to be approved once a fully completed application is submitted

Q: Once I’m approved, how long does it take to get funded?
A: As long as you are with one of our approved processors, you will receive your funds within 48-72 hours.

I hope these questions and answers help you make the best decision for your business. I wish you a successful time at the show, and please don’t forget to come by booth 3745 and say “hello”! See you there.

Last week our board submitted a four page proposal to the Canadian Restaurant & Foodservices Association in hopes of becoming its next associated member. The benefits to this would be immense on three sides.

We are very confident that our offers will greatly benefit their 35,000 member base in a way that will save Canadian business owners up to an estimated $5000.

The CRFA will receive great value added benefits for welcoming Synergy Merchant Services into their 2008 New Membership Program including guaranteed advertising, co-branded marketing initiatives and a very attractive offer to potential new members.

Synergy Merchant Services will benefit greatly as well by the support from the CRFA. We're all very much looking forward to the outcome and anticipate great things.