Bad Credit Merchant Accounts

Don't let bad credit hold you back



Bad Credit Merchant Accounts are Zen Payments has been dealing with for years. We do not believe that your own personal credit score as a business owner should be the main factor that affects your ability to obtain a merchant account. Here at Zen Payments, we have been helping those with less than stellar credit get merchant accounts so we can help! Merchants with scores as low as 500 are eligible for a merchant account through our approval process. As a matter of fact, we have a 98% approval rating for those with above 500 credit scores. We will help your business get up and running as well as set up your merchant account. Though bad credit is starting with a strike against you, if you can show you intend to operate a good business and have the financials to back it then we will support you. Many times, all you need is a merchant service provider to give you that chance to succeed.

Bad Credit Merchants Accounts are High Risk

Merchants with bad credit can really struggle in getting a merchant account. They struggle because of the risk that the banks are taking on. When the bank sees a merchant with a poor credit score, high debt, and late payments on their history can make banks decide that they are not worth the risk even though they have business funding. Whenever a merchant with bad credit applies fr a merchant account, they will undergo an underwriting process that ultimately determines their approval despite all else. In order to give yourself the best chance to get approved we recommend that any merchant with poor credit brings the following for consideration.

 Bank Statements

 Paying off Balances

 Processing History

 Website and Policies

 Your Credit

In general, merchants who are able to present these items during the underwriting process are much more likely to get approved. We’re here to help, for this reason, we want to make sure you have every tool necessary to succeed.


Why Zen Payments for bad credit merchant account

Do not let your personal credit be the reason you put off starting a business. Zen Payments is willing to work with honest merchants in any industry. Although your credit will make the process more difficult, it won’t make it impossible. All things considered, we have a higher approval rate than most payment processors and are willing to work to get you where you need to go. We take the time in guiding you through the underwriting process because we want you to get approved. If you have any questions give us a call today!

Our Team Is Here to Help

As you work to improve your financial situation, our team will always be available to support you. If you are concerned about chargebacks affecting your bottom line, our chargeback reduction programs can help mitigate their potential damage. Let’s work together to stabilize your business so you can succeed.

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