When I’m working with my clients who are growing their businesses fast, one issue they can often run into is outgrowing their payment processor.
In fact, when one new client of mine sold out her coaching program (to the tune of hundreds of thousands of dollars), her merchant company FROZE her accountbecause of this “suspicious” activity! Even after repeated pleas and demonstrating the legitimacy of the sales, she could not access the funds for months.
There are many more of these nightmare scenarios to share (even from those who gave advance notice to their merchant companies).