If you meet the liberal approval guidelines, your application can be approved quickly and simply. In most cases, you will find out in minutes if your application will be approved, and you can complete the entire process in a matter of days.
There are two types of approval guidelines:

Type 1: TMS Auto-Approval
If you meet theAuto-Approval Guidelines noted below, it means that you will be approved regardless of the owner's personal credit history. The only exceptions are for merchants in a current bankruptcy that has not been discharged for a minimum of six months, for merchants on Visa/MC's CTMF File, and for merchant applications that have falsified or fictitious information.

Type 2: TMS Approval
If you do not meet the Auto-Approval Guidelines, you can still get approved! Your application will simply need to be supported by any one of the following:

Owner with a good, established personal credit history
Business or personal financial statements or tax returns
Current credit card processing statements