Have a High Risk Business? Call for a Custom Quote
Often, businesses labeled as “High Risk” have a difficult time getting a merchant account for credit card processing. The term “High Risk” was created by payment processors, and they are referring to the higher “managed risk” associated with such accounts. No business necessarily sets out to be “High Risk”, they simply qualify as such if processors don’t understand the nature of the business or if the industry consistently has higher chargeback rates. Bridge Capital Partners specializes in the placement of “High Risk” accounts for credit card processing. We don’t ignore the risk, we take special measure to better understand them by understanding the nuances of your business. Better understanding leads to better pricing, whereas ambiguity creates the fear of the unknown and other processors will inflate rates to hedge their fears. Hence the necessity for a customized quote.
There are very few companies in the United States that have the capacity to underwrite “High Risk” business types with Domestic Banks, and we are one of them. In addition, we have relationships with Banks in Sao Paolo, Brazil and Shanghai, China as OffShore solutions for the more hard to place accounts. The important thing to consider is that we can absolutely help you get a merchant account for credit card processing. We are successful over 95% of the time. So then you can move on to the more important aspects, like actually running your business and helping your customers.