MLM Banking
Contrary to popular belief, banks are not in the business of managing money - they are in the business of managing risk. MLM companies are, by default, classified as high risk enterprises by banks.
Even if you have trusted a bank with your personal and business banking for a number of years, it does not mean that your MLM venture will be as warmly received.
We have a wealth of experience in matching MLM companies with banks that are friendly to their business and will not shackle it.
Whether you choose to establish your MLM banking relationships through MultiSoft or elsewhere, be sure that you are partnering with a bank that will not freeze your accounts without reason or warning.
MLM banking horror stories are true. Make sure that you company does not become one.
One of the most important things you need to do when deciding to launch your new network marketing venture is to apply for your merchant account. As MLM is considered a "high-risk" industry you will need to obtain a "high-risk" merchant account.
Your merchant account provider must be informed that you are a Network Marketing company. We boast a 95%+ success rate in placing Network Marketing companies with their own "high-risk" merchant account(s). Complete the No Risk pre-application below and a representative will contact you within 24 hours.
New Merchant Account/Pre-Application.
If there is any information that you do not have available or any question you do not understand, just leave the section blank, a representative will help you obtain the missing information when they process your application. Please note that this is a preliminary application and that a hard copy of the merchant agreement and application (MPA) must be signed.
| Owner's Name: | |
| Contact Name: | |
| Business Name: | |
| Business Phone: | |
| Fax Number: | |
| Business Address: | |
| City, State, ZIP Code: | , , |
| Country: | |
| E-Mail Address: | |
| Is your business Product or Service order based? | Product Service |
| Product or Service Description: | |
| Average Ticket ($) Amount: | |
| Type of Ownership: | |
| Web Site (URL) if any: | |
| Do you already have a Merchant Account? | Yes No |
| Self-Rate Your Credit: | |
| Have you ever filed for Bankruptcy? | Yes No |
| If yes, what year? | |
| Best time to contact you: | |
| Referred by: | |
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Enter the numbers shown below in the entry field for verification: | |
Your IP Address is recorded as: 192.168.2.29
Note: An investigation of the applicant's credit history may be made in the process of approving this application. By pressing "Submit Application", the applicant authorizes Card Systems Inc. to contact various credit reporting and credit bureau agencies for the purpose of investigating the applicant's credit history for the sole purpose of determining the approval of the applicant for merchant status or equipment leasing. This information is strictly confidential and will not be released under any circumstances.
American Express and Discover card require separate approval processes. If you are interested in accepting these cards please inquire when you are contacted by account representative. The application fee cannot be waived if you already own equipment or software that you will use with this account.