Strategic Merchant Solutions Underwriting Guidelines
Monthly Processing Retail (Card Restaurant (Card MO/TO MO/TO
Volume Present 80%) Present 80%) (15DDD)** (30DD) Internet (15 DDD)** Internet (30 DDD)**
Application Package -
Application Package - Personal Personal Guarantee or
Guarantee or Corporate Resolution w/ Corporate Resolution w/ 2 Application Package - Personal Guarantee or
$0 to $40K 2 FYE Business Financials FYE Business Financials Corporate Resolution w/ 2 FYE Business Financials
$40,001 to $$75K Web Site MUST meet ALL internet requirments
Application Package + 2 FYE
$75,001 to $150K Business Financials Application Package + 2 FYE Business Financials
$150,001 to $500K Web Site MUST meet ALL internet requirments
Package + 2 FYE
$500,001 to $1MM Financials
Package + 2 FYE
Above $1MM Financials
Application Package - Completed & Signed application with PG. If no PG, Corporate Resolution required. Copy of all applicaints GOV'T issued
ID. Drivers license or passport. Copy of voided check or bank letter verification. Business license or articles of incorporation. If currently, 3
current & consecutive credit card processing statements (ALL PAGES)
Business Financials - 2 years Business tax returns. Current profit & loss atatement. 6 months business bank statements. If business is new, the
personal tax returns, banl statements are required.
FYE - Full Year End
Corporate Resolution - If owners don’t personally guarantee account, a corporate resolution is required and FYE financials are required.
Non-Profit Merchants - In addition to the application package, provide the following: Proof of non profit status. Current year and interim
DDD - Days of Delayed Delivery (days from the time the card holder is billed to the time card holder receives product)
Marketing Materials - brochures, catalogs,yellow page ads, newspaper ads, web site.
Web Site Requirments - DBA MUST appear prominently. Customer Service number, Return & Refund policy, Product delivery methods and
timing are clearly decribed. Merchant privicy statement. Product description with pricing. SSL on page where credit card number is entered.