How to Secure a Merchant Account for New Business
Securing a merchant account for a new business can be tedious, frustrating, and sometimes fruitless. Many financial institutions simply don’t want the risk. And they have tens of thousands of customers so they feel they can pick and choose who they would like to do business with and that means they may choose ‘not’ to do business with you. They may feel you are too high of a risk or they may feel that your business won’t be profitable enough to make many sales, making it unworthy of their time or resources. Yes, that’s the hard truth.
One of the hardest things to do when starting a new business can be to secure a merchant account. It would seem that it might be one of the easiest parts of doing business, but that’s not necessarily the case. That is, unless you come to AVP Solutions. One of our specialties is in merchant accounts for new business and high risk merchant accounts. We have the ability to service any merchant and we will work hand-in-hand with you throughout the life of your account.
How can AVP Solutions help me with my new or high risk merchant account?
We have strategic partners, properly designed products that reduce risk and transaction time, and an experienced risk and underwriting staff. This enables us to keep hard to place merchants within all of the required guidelines.
At AVPS, we are connected to people and committed to helping businesses establish merchant accounts and being there to help them grow in our capacity. We’re not one of those merchant account companies who just sees you as another number. We see you as a person and as a serious business. We don’t discount you just because you are a new business or a hard to place account and we’ll work with you every step of the way. Contact us today to find out how we can help, we look forward to creating a partnership with you and watching you grow your business!