Cashflow Blog

Why do gas stations have a $75 limit on Visa or MasterCard transactions at the pump?
According to stations owners they say they are simply following the policies of Visa and MasterCard, who won’t reimburse them more than $75 per transaction at the pump if there’s a disputed charges or fraudulent card use!

What does MasterCard say:
“It’s the merchants’ decision to limit purchases,” says Visa spokesman Paul Wilke. He adds: “Customers always have the option of paying with the card at the cash register” where its policy differs from the pump.

The $75 limit “ensures merchants and customers are protected from fraud,” says MasterCard spokesman Tristan Jordan.

Visa and MasterCard have no immediate plans to go higher. “It’s something we always look at,” Wilke says.
Thanks to the USA Today for for this lesson-Happy Friday!!

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$75 Limit on Credit Card Charges for Gas

By Craig Thornburrow

With the current credit crunch lending institution are being very choosy about those who are going to receive business loans. This is why it is imperative that when you are applying for the loan that you have all the needed information with you so that you look like a well organized business. There are a variety of forms and information you should have and here is a checklist that you should use to get ready to apply for a business loan. (more…)

Credit:
Applying For Business Loans - What To Bring With You

All our business clients, both large and small, even one-person enterprises, have benefitted when we applied rigorous value engineering principles to help solve the thorniest business and financial problems.

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Dec 23, Business Clients Getting Value

Excerpt from:
Financial Advisors and Identity Theft

I’ve met Libby before so I am going to offer some constructive criticism. What if you Libby, contracted with some entrepreneur here in Denver. They would be responsible for locating corporate sponsors for those umbrellas. They would get the sponsors, get the umbrellas made with the logo of the sponsors, collect the money-payable in advance on a 12 month contract and give you a cut. Starbucks has no cash outlay and your customers at belleview and Ulster would stop sending you the hate mail don’t answer yet-I want you to sleep on it and then meet me at my store with your answer. Just think-if it’s successful here in Denver you could have Starbucks roll it out nationally and you could take all the credit.

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Starbucks-Wake Up