Bad credit merchant accounts UK

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Libby James
Merchant Services Expert

Libby James is co-founder, director and an expert in all things merchant services. Libby is the go-to specialist for business with more complex requirements or businesses that are struggling to find a provider that will accept them. Libby is regularly cited in trade, national and international media.

Overcoming Credit Challenges

At Merchant Advice Service (MAS), we understand the challenges faced by businesses in the UK with bad credit who require a bad credit merchant account. We firmly believe that every business deserves an opportunity to thrive, regardless of their credit score. That’s why we specialise in providing tailored solutions for bad credit merchant accounts in the UK. With our customer-centric approach and expert guidance, we empower merchants to overcome credit challenges and succeed in the competitive market.

Understanding Bad Credit Merchant Accounts

In the UK, bad credit merchant accounts are specifically designed to cater to businesses with less-than-perfect credit scores. These accounts offer a lifeline to merchants with a history of credit issues such as previous bankruptcies, late payments, or high levels of debt. By offering bad credit merchant accounts, we provide businesses with the means to process payments efficiently and securely, helping them regain financial stability and take control of their payment processing needs.

Applying for a standard merchant account can be difficult if you have bad credit. Traditional banks and payment processors often place significant emphasis on credit history and may reject applications based on past financial challenges. However, at MAS, we take a different approach. We believe that a business’s potential should not be solely defined by their credit history. Our team of experts is dedicated to assisting you in finding the right bad credit merchant account solution tailored to your specific needs in the UK.

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Benefits Of Bad Credit Merchant Accounts In The UK

Flexible Application Process: Unlike traditional merchant account applications, the application process for bad credit merchant accounts in the UK is more flexible. This means that even if you have a less-than-perfect credit history, you still have a chance to secure a payment processing solution that suits your business needs.

Higher Approval Rates: Bad credit merchant accounts in the UK are specifically designed to accommodate businesses with poor credit scores. These accounts have higher approval rates compared to standard merchant accounts, giving you a greater chance of acceptance.

Improved Cash Flow: With a bad credit merchant account in the UK, you can accept a wide range of payment methods, including credit and debit cards. This enables you to expand your customer base and receive payments promptly, ultimately boosting your cash flow and fostering overall business growth.

Enhanced Business Reputation: Accepting card payments through a bad credit merchant account in the UK can significantly improve your business’s credibility and reputation. It demonstrates professionalism, convenience, and trustworthiness to your customers, leading to increased customer loyalty and repeat business.

How Merchant Advice Service Can Help

At Merchant Advice Service, we are dedicated to supporting businesses with bad credit in obtaining the right bad credit merchant account solution for their unique needs in the UK. Our experienced team understands the challenges you face and is committed to providing personalised guidance throughout the entire process. We work with a network of trusted payment providers who specialise in bad credit merchant accounts, ensuring that you have access to the best options available in the market.

Our user-focused approach means that we prioritise your success. We take the time to understand your business and financial situation, offering tailored recommendations and assisting you in making informed decisions. With our expertise and industry knowledge, we can help you secure a bad credit merchant account in the UK, allowing you to focus on growing your business and serving your customers.

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Conclusion

Having a poor credit history should not prevent business owners in the UK from accessing essential payment processing services. Merchant Advice Service is at the forefront of championing the cause for companies requiring an account with bad credit. With the rise of online payments, it’s vital for businesses, even those considered high risk merchants, to be able to process credit cards efficiently.

Through our bespoke bad credit merchant services, we ensure that credit checks do not become barriers to success. Whether you hail from high risk industries or have faced credit report challenges, our aim is to bridge the gap between credit card processors and those with bad credit scores. Looking to the long term, our guidance on credit check merchant accounts can pave the way for achieving a good credit score. Remember, every business, regardless of its personal credit standing, deserves the tools to thrive.

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Libby James

Libby James Co-founded Merchant Advice Service alongside David Bird in 2016. Her finance background, coupled with retail and customer service experience, gave Libby the drive to bring transparency and non-biased advice to the world of merchant services. Having come from the heavily regulated mortgage and insurance industry, Libby found it puzzling that other financial sectors lacked regulation and transparency leaving customers confused and unable to make informed decisions when it came to accepting card payments. This was soon to become Libby’s obsession!

With the help of some of the industry’s best, Libby began to research acquiring banks, complex terminology/regulation, and the problems customers experience within merchant services and payment gateway markets. She spent years on sourcing solutions for complex clients, which previously others were unable to assist with. Libby established relationships with brokers and banks which would soon form the cornerstone of Merchant Advice Service. As a result Libby has been featured in high-profile publications across the web.

Libby is proud to be the entrepreneur’s champion, supporting start-up businesses regularly. Her industry insights can often be found on LinkedIn where she provides free of charge advice and money saving pointers. It’s safe to say she has her finger on the pulse of everything card payments related.

Libby speaks of her experience in founding and running Merchant Advice Service…

‘Merchant Advice Service is one of my greatest achievements to date. We help business owners to overcome card processing issues which can become detrimental to their business. We assist SME’s in finding suitable card payments solutions, helping them create their vision. Each and every day is different, exciting and fore filling. As technology advances I can’t wait to see the way in which the merchant services market advances, and I’m pleased that our business will play a part in educating company owners along the way.’

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