Have bad credit and need a merchant account for your shop?

Nov 14, 2013

Is your business struggling? Do you think your revenue would increase with credit and debit card available payment options? You would be right with that assumption and saying so does not make it easy to find someone to help. Luckily, you found this article.

Let me lead you to your (bad credit merchant account) and show you how easy it is to repair what has gone so wrong. Start with a search online and put into your search engine the terms, “High-risk merchant account,” or “Bad credit merchant account”. This search will lead you to the experts that you were looking for. eMerchantbroker is one of the top merchant processors for businesses like you. They have a live chat and they are waiting for you to arrive and ask questions. The more you have, the better you will be, and the more understanding of how they can assist you.

First in line

Now that you have found the right place to get your debit and credit cards going, you have a road to recover from. If you don’t already know the creditors you owe, it’s time to hunt them down from your credit report and call them. You need to make payment arrangements with them. Start with the smallest one you have and pay them only what monthly payment you can afford. They will try to get the whole thing out of you, but we both already know you can’t do that. So, if the payment is $20 then stick with it a month in and a month out.

Two things happen

You have a positive payment history with this creditor and you are paying down the amount owed. You should be jumping for joy! Not only that, you are training yourself for the future of good credit. Don’t mess up again.

Now, do this with all that you owe. If there are too many, and you know you will drown, then, pace yourself. Still call all of them, but pay each $5.00 a month. They won’t dig this at all, but if they accept the payment, they accept your terms. This will still give you positive payment history and you are paying the bill down.

If the lowest bill gets close enough you can pay it off, and so on and so forth with the rest. Don’t give up, your business’s future growth and any expansion depend on this. When you really need credit, these will hopefully be paid off and you can look at credit in a whole new light.

Don’t give up

Now that you are on the road to recovery, you can sleep better at night. Your blood pressure will go down, and those pesky phone calls will stop. By the way, write a letter to those creditors, and tell them….. snail mail only. You have fixed this; you would like to not be harassed every day.

Keep walking the walk to financial repair and soon you will be walking out the door with a new step and a new faith in yourself.



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Having a merchant account allows an account holder to take advantage of merchant cash advances. When a merchant is approved for an advance, the business agrees to receive a lump sum of cash in exchange for an agreed-upon percentage of future credit card sales.

Pricing varies depending on the merchant’s industry, past credit card processing history, the type of business seeking the account, average ticket sales, and average transaction volumes.

Yes, EMB works with merchants who are building their credit, as well as those who have poor credit. EMB also approves merchants that have no credit card processing history and businesses that have lost their merchant accounts due to high chargebacks.

Several factors influence a merchant’s risk level. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online.

Virtual terminals are stationed on a merchant’s website, making it easy for customers to make a payment or purchase online. Merchants or a payment processor can easily set up virtual terminals, so online businesses can accept credit and debit card and e-check transactions.

A merchant account is a business account with an acquiring bank. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway.

After filling out EMB’s simple online application and submitting any necessary, requested documents, many merchants get approved within 24 and 48 hours.

EMB specializes in working with high-risk merchants. EMB works with many merchants, including but not limited to businesses in these industries: gambling and gaming, adult entertainment, nutraceuticals, vaping and e-cigarettes, electronics, tech support, travel, high-end furniture, weight loss programs, calling cards, e-books and software, and telecommunications.

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