Bad credit is bad, there’s no getting around it. However, there are many merchants with bad credit who never seem to have any issues with processing or higher fees. This is because they know where to go to find their bad credit merchant accounts. While there are many companies that promote their services, not all are up to par.
What tends to happen with many types of bad credit merchant accounts is that they are charged high fees – even from so-called “friendly to bad credit” providers. These fees can end up damaging any company, let alone a company that is just starting out. Another issue comes with their approval times. Most of the time, a business owner is ready to go when it comes time to find a merchant account. With bad credit merchant accounts, often there are days, if not weeks, of waiting time to find out if you have been accepted for an account. Luckily, there is one bad business merchant account processor that can provide instant approval. That processor is FAM.
FAM, or First American Merchant, is not new to the industry, nor are they a “fly by night” company. FAM and its team have decades of experience dealing with various types of “high risk” businesses, such as high volume merchants, adult merchants, and even merchants with bad credit. Regardless of your industry, having bad credit is enough to place you into the “high risk” category. Have no fears, though; as through FAM you are able to obtain the amenities of a traditional merchant account along with the services of high risk specialists.
While not all merchants account providers provide instant approval, FAM is. With FAM, your credit does not matter in terms of approval. What matters is that you are a dedicated and capable merchant.
For more information about FAM’s bad credit merchant account instant approval services, click below.