Re: Merchant account Bad Credit
When applying for a merchant account, underwriting will take many factors into account based on the financial and other supporting documentation you provide in your applicant package. If the only reason you are being declined is because of credit; then you should use a co-signer with good credit... if they are willing to sign for you. The co-signer may have to provide additional financial information including but not limited to personal checking account statements, tax returns, audited financials, etc. and the processor may require other supportive documentation such as an operating agreement, but that depends on business type, business model, billing model, products/services sold, etc...
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