High Risk
Credit Card Processing
Applicants for high risk credit card
processing should allow 3-5 business days
after submitting their initial paperwork for
approval. During the review process,
merchants may receive a phone call to verify
information or to request further
documentation needed to underwrite their
high risk account.
Following documents are required with your
initial application:
CURRENT MERCHANT ACCOUNT STATEMENTS
3-6 MONTHS BUSINESS CHECKING STATEMENTS
BUSINESS LICENSE - ARTICLES INCORPORATION
A
VOIDED BUSINESS CHECK
CURRENT PROFIT-LOSS STATEMENT
Merchants should further realize
that a strong credit rating is required to
approve most
high risk credit card
processing accounts. A co-signer me be
accepted on a case-by-case basis. Co-signers
do not need to hold any equity in the
business.