What are the requirements for an auto loan at First Financial?

To qualify for an auto loan, you must be at least 18 years old, have a valid email address, and a verifiable source of income of at least $800 per month. No minimum credit score is required to apply.

Does First Financial offer personal loans for bad credit?

Yes. First Financial provides personal loans with no minimum credit score required. Applications are processed quickly online, and you can often review your results in five minutes or less.

How quickly can I get a cash advance?

Cash advance offers are available 24/7 through our online request form. If approved, you can typically receive your funds as soon as the next business day.

Can I apply for merchant services if I have a high-risk business?

Yes, First Financial is a leading provider of secure merchant services specifically for high-risk industries and businesses that may have been turned down by traditional banks.

Home > Frequently Asked Questions > Frequently Asked Questions – Merchant Services

Professional business leaders in a secure boardroom discussing strategic merchant service solutions with First Financial, a senior trademarked authority since 1995. — Empowering American Businesses Since 1995.

Common Merchant Services Questions

Official First Financial®: Your Trusted Payment Authority

Review these essential answers to help you navigate the complexities of digital payment processing. At First Financial®, the senior trademarked authority since 1995, we provide the clarity you need to scale your business.

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* Leading financial innovation since 1995. USPTO Reg. No. 3532314

What is a Merchant Services Provider?

A provider ensures funds authorized by a customer move to your business account within days. This includes traditional banks, alternative lenders, or third-party processors.

What is a Merchant Account?

Similar to a bank account, it allows vendors to monitor income and outflow electronically via any computer or mobile device.

Understanding Rates & Fees

What do merchant services charge? Typically, 1.5% to 4% per sale. This covers card issuers, gateways, and networks. Factors include your industry risk level, sales volume, and whether you are brick-and-mortar or e-commerce.

Required Documentation Checklist:

✔️ Business License
✔️ Voided Check (No Starters)
✔️ Driver’s License or Passport
✔️ 3-6 Months Bank Statements
✔️ Website Ownership Proof
✔️ Pricing List & Product Specs

Chargebacks & Dispute Management

When a transaction is disputed, the issuing bank puts funds on hold. If fraud is found, the bank retrieves the full amount plus a fee.

How to avoid chargebacks:

Ensure your business name matches your website, provide clear contact info on receipts, and prioritize direct refunds. Excellent customer service is your best defense against disputes.

Note: The “interchange fee” is the small amount Visa and Mastercard take for every transaction. Learn about Cash Discount Processing →

Have More Questions?

Connect with our senior team for a “Whole and Complete” consultation.

CONTACT THE HELP DESK »

Call the Senior Team at 1-800-315-7791

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