Promotional Rates
.85% to 1.5% it will not exceed 1.5% with FBS . Will need to see 3 months of merchant statements. If it’s a new business the rate will be .85%
Extended Warranties
MCC: 6300
Acceptable
Home/Vehicle/Electronics Warranties that extend past the manufacturer’s warranty
Requirements and Documents needed
- Executive Summary detailing operations
- 2 years business tax returns/Audited financials
- List of warranty administrators including the agreements
- Certified outbound telemarketing scripts
- 6 months most recent processing statements
- 3 months most recent banking statements
- Reserve Required