Auto Approval
By meeting our Auto-Approval Guidelines noted below, it means that the application will be approved regardless of your personal credit history. The only exceptions are for merchants in a current bankruptcy that has not been discharged for a minimum of six months, for merchants on Visa/MC's CTMF File, and for merchant applications that have falsified or fictitious information.If you do not meet the Auto-Approval Guidelines, you can still get approved! Your application will simply need to be supported by any one of the following:
- Owner with a good, established personal credit history
- Business or personal financial statements or tax returns
- Current credit card processing statements
Level 1 - Retail
- 90%+ Card Swiped
- Future Service Liability Less Than 30 Days
- Acceptable Type of Business
- Visa/MC Monthly Volume Less Than $200K/month, $2.5M/year
- Average Ticket Less Than $300
Level 2 - Retail/Service/Trade Show
- Greater Than 50% BUT Less Than 90% Card Swiped
- Future Service Liability Less Than 30 Days
- Acceptable Type of Business
- Visa/MC Monthly Volume Less Than $10K/month
- Average Ticket Less Than $300
Level 3 - MO/TO, Internet-Based
- Future Service Liability Less Than 90 Days
- Acceptable Type of Business
- Visa/MC Monthly Volume Less Than $10K/month
- Average Ticket Less Than $300
