Why Bail Bondsmen Matter, and Why We Need More

Jun 17, 2015

Bail bondsmen get a bad rep, and for many reasons. Many see them as greedy, as immoral for letting criminals back on the street. Many also see the entire industry as shady. None of these are true, except that they do, with the proper avenues and resources, allow those who have been charged to “bond out” of jail. While many disagree with letting dangerous criminals out on the street, it is their right to bond out if they have the resources to do so. For many families every day, a bail bondsman can help put a family back together, even if it is temporary.

What many do not understand about bail bondsmen is that the company is entirely legit, and court-supported. When someone bonds out, the bondsman posts 100% of the bond with the court, and they take 10%, which is often the only thing that the offender or his or her family pays (i.e., a $5,000 bond would be settled with $500 cash). The bail bondmen company earns their money whether the offender is found to be guilty or not guilty. The majority of agencies also require a co-signer when someone posts bond. This is good for two reasons: First, the offender will need transportation from the jail, and many times the co-signer is that transportation, and second, the co-signer can help keep the offender out of trouble, as well as work as a support system. The bail bondsmen lose out on their money when someone does not appear in court – and it isn’t just that 10%, but the entire bond fee.

Another issue concerns how a bail bondsmen agency processes their payments. Many companies have merchant accounts, but this can be hard to find for bail bondsmen agencies. The vast majority of providers do not offer bail bonds merchant accounts, or if they do, they are not experienced enough in the industry to deal with the ups and downs. You need to make sure that your bail bonds merchant account is in the hands of a reliable and experienced provider, like EMB. Not only does your business depend on it, but also your livelihood depends on it.

Let us help you get a high risk merchant account today!

Get Started

Award winning.

  • 2012
  • 2013
  • 2014
  • 2015
  • 2016

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.

Live Chat