Procuring an instant approval high risk merchant account is essential for many small and mid-sized businesses. We aim to provide instant approval within 1 to 2 business days at the latest. There are a few tips that should be followed before applying for a high risk merchant account. The social security number should be accurate. If the SSN number is...
One of the pivotal aspects of running a small business or enterprise, such as a collection agency, is finding a way to accept credit or debit card payments. In a credit and debt based economic system, the necessity of opening a merchant account to accept these forms of payment can break a new business. If you are an entrepreneur, this...
You have just stepped into the high risk zone. No, there won’t be any strange music and no one will disappear into a new time zone. What you will find, is a great many high risk merchant accounts servicers that can help you get a merchant account for your collection agencies. The positive aspects of having one are many, you...
Just because your past credit is not the most precious thing in the jewelry box, doesn’t mean it can’t be shined up and polished into a diamond. Meaning, don’t let it haunt you. Most honest people that want to become business owners, or already are a business owner, have a past. Everyone does and it can only mean, you get...
A Reserve is just a fancy way of saying, “You are new to the game of merchant accounts and we will have a backup plan.” It’s not something fancy, just precautionary. As you are new, they just want to make certain that if you have a chargeback, or refund, that money is there in case you default with the customer....
Some banks are jittery over anyone that runs a firearms business and today is your not so lucky day. They decided to close your account and you have little to no time to find a new one. This is also your lucky day By doing so they have sent you on a challenge hunt; one that will take you online...
If you are in need of an offshore account, take the time to compare companies and find the right one for you and your IT Company. As part of your new system, you may need to start a new bank account and establish yourself before they will work with you. Also know, some require anywhere from $1,000 to $350,000. The...
No matter where you look you can find a credit card and a company looking for you. They want to make interest off you and your payments. Your goal is to locate one with low interest and fewer fees, and it probably won’t hurt one bit to have a few cash back bonus points either. If perchance you are the...
Credit isn’t the only thing that merchant account servicers look at. They need to know if your business falls into their high risk pool and possibly what you will be selling. Be prepared for a lot of questions. To obtain a high risk bad credit merchant account, all you need to do is, fill out their paperwork for an application...
America is on the mend, even with the recent government shut down, we will struggle our way back to a healthy and stable infrastructure. Our knowledge of the economic crash is fresh on our minds. Those that lost their homes are healing and ready to be home owners again. Businesses that closed have people with dreams that never went away,...
