Do I have to accept credit cards or change my processor?

No.  Accepting credit cards is not a requirement of business funding.  However, if you do, our lenders have excellent relationships with many different processors so you will not have to change your current system.   If you do not want to change your processors, the lender will set up an ACH program or a lockbox.  An ACH program will apply the holdback percentage to your credit card deposits into your bank account.  This option has a 24 hour delay but will not affect your business.  The Lockbox is a 3rd party bank account that your credit card deposits will get batched out to.  After 24 hours, the lender will take the holdback percentage and the remainder will be deposited into your business bank account.