Do You Know What Industries Are Considered High Risk Merchants?
Who could have guessed that when you furnish your home you are most likely dealing with a business in a higher risk industry? Yes indeed – furniture merchants are considered high risk! But that’s from the viewpoint of credit card payment processing companies. They look at many factors, including the ticket size of a typical…
Read MoreFind the Capital You Need with High Risk Merchant Lenders
Every business requires a funding injection from time to time. Perhaps to finance business expansion, see it through a tricky sales period or to acquire inventory or equipment. Traditional providers, such as banks, may have rejected you application. The question then is where do you turn to obtain that critical capital? Whatever the reason for…
Read MoreHow To Select a High Risk Merchant Processor
As a business owner, you want your card payment system to work smoothly in the background. You don’t want to hear about problems accepting payments from customers. You don’t want to waste time sorting out card processing difficulties. That’s why choosing a good service provider is critical. This helpful guide is intended to point you…
Read MoreWhat You Pay for a High Risk Merchant Account – Fees, Charges and Reserves
Many businesses that seem totally safe and uncomplicated to you and me, can sometimes be considered high risk by banks and card processing companies. The cumulative effect is that the cost of payment processing services is higher for those businesses than for low risk “regular,” businesses. You may be surprised to learn that old-fashioned bricks…
Read MoreHow To Succeed In Getting A High Risk Merchant Account
The first inkling that your sound business plan has risks attached may be when your application for a merchant account is declined. Occasionally, it comes as a great surprise to many business owners to learn that banks and card processing companies consider their business is in any way risky. The card processing industry and acquiring…
Read MoreHow To Get a Bad Credit Merchant Account for your Business
You know a merchant account is critical to building your business but bad credit history is holding you back. It may be your business’s record or your own personal situation as the owner. Many businesses have poor credit and low FICO scores. You are certainly not alone. Many of the larger merchant account providers are…
Read MoreHow to Get a CBD Merchant Account
Manufacturing or distributing CBD products is a new and exciting opportunity with huge potential. Early adopters can carve out a lucrative business or expand their existing lines. Consumer demand is well established. Supply has been legalized in most states and there is nothing stopping entrepreneurs from opening storefront outlets. However, there is a “But”. Growing…
Read MoreHigh Risk Credit Card Processing
Have you been declined for a merchant account? Are you wondering why on earth your business is considered high risk? Many vendors are astounded to learn that their business has any risk at all associated with it. Banks approach assessing risk based on what they know and what has happened in the past. That means…
Read MoreHigh Risk Merchant Accounts for Electronic Cigarettes
The market for e cigarettes and vapes is colossal and still growing rapidly. That makes it a highly attractive business venture for merchants of all sizes including the tobacco majors, all the way to start-ups, both retail and online vendors. One drawback you must overcome in order to grow the business is the difficulty in…
Read MoreHigh Risk International Merchant Account
Banks Dislike Risk. That’s a basic fact of financial life. Card payments risks increase when doing business internationally. It costs banks money when they happen. So the costs of those risks are passed on to merchants who want to trade in foreign markets. Not all countries are the same for doing business in and this…
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