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Moving companies can fall into the high-risk category for several reasons. First, they can have high average tickets because the cost of moving is very high. When transactions are higher than 1,000 dollars local banks are usually unwilling to take a chance because of the high risk chargebacks. The second reason is that the valuables being moved often get damaged or lost during transport, which can lead to higher chargebacks. When transactions are high and there is a high risk for chargebacks, the best solution is to apply for a high risk merchant account.
Auto transport merchant accounts have similar issues. They have very high-ticket transactions and the risk of damage to a vehicle during transport can lead to high chargebacks and lawsuits. Auto transport merchants must obtain an operating authority number from the FMCSA and are sometimes required to maintain a BMC-84 Freight Brokers Bond.
Limitless will guide the way to your approval!
Whether you are transporting cars, motorcycles, heavy equipment, boats or even planes, Limitless can easily get you approved for credit card processing.
High risk merchant accounts can give you peace of mind because they are designed to handle the risk associated with these types of accounts. Also, high risk processors understand and know how to correctly underwrite moving companies and auto transport merchant accounts. As a business owner, you will not have to worry about being shut down! Limitless has got you covered.
Limitless has the training and expertise when it comes to high risk merchant accounts. We pride our-self in our exceptional customer service and high customer satisfaction. We never rush our merchants off the phone and we are available day or night. In fact, we are open 24 hours a day, 7 days a week for all your high risk credit card processing needs. We are 100% committed to getting our customers approved quickly and easily. If you own a moving company or an auto transport business, give us a call at (800) 971-6221 or use the easy apply now form on this page to get started NOW!