How to open a high risk merchant account

Getting a high risk merchant account is done with extreme care and planning. Trinity Consultings excels at guiding companies through the long process, getting approvals even on difficult-placing companies. Documents Pre-Requisites Preparation Gather in-depth business documents such as incorporation documents, financial statements, bank statements, processing history, and detailed business plans. Applications are scrutinized by high-risk processors, and therefore it is important to fill out documentation in order to get approved. Industry-Specific Requisites There are various compliance specifications in each high-risk industry. Trinity Consultings is knowledgeable about regulation in industries such as entertainment, travel, nutraceuticals, and e-gaming to make applications compliant enough to qualify for special processor specifications. Processor Selection Strategy All high-risk processors are not the same. Trinity Consultings has access to multiple specialized processors and matches businesses to providers that recognize industry risk and provide favorable terms. Demonstration of Financial Health Processors measure business viability through credit ratings, cash flow, and operating history. Trinity Consultings ensures maximum financial presentations to highlight business viability and reduce perceived risk. Application Optimization Reducing application preparation time by experienced hands does much more than maximize approval potential. Trinity Consultings develops compelling stories which eliminate processor objections and validate business strength, reducing rejections and making approvals accessible for high-risk merchant accounts.