It is the industry “scare tactic” that if you have bad credit, your business will be doomed. Nope, not even close. There are many successful business owners who have bad credit, or have previously filed bankruptcy (i.e. Donald Trump). Having bad credit is not excuse to not open your dream business, and it is not an excuse as to why you cannot obtain a merchant account.
A merchant account is an absolute must for any business. A merchant account allows you to accept plastic card payments from your customers. While you can use PayPal, they have started to crack down on those who take on too many payments in one day, which can be an issue if you are busy. What you need is a bad credit merchant account. Do not worry; it is not as scary or as expensive as you may think.
The High Risk Guys know that your bad credit has already given you headaches, and we are here to lessen them. We offer merchant accounts to those who are classified as being “high risk”, aka at a higher risk of having fraudulent issues happen to their accounts. Now, we are not saying that you are a bad person, however merchant accounts that are owed by those with bad credit tend to have a slightly higher risk of fraudulent activity, and this slightly higher risk is a turn-off for banks and mainstream merchant account processor. We know the stress you are already under, and by allowing plastic card payments, you are not only helping your customers pay for their purchases, but you are also helping yourself (and your credit). You are eligible for the most up-to-date terminals, software, and security available, and we do not charge any “hidden fees” that those other guys tend to charge.
For your bad credit merchant account, you need to look no further than us here, at The High Risk Guys. We know what accepting plastic card payments mean to you, and we will be here to help you every step of the way.
Contact us today!