Merchant Requirements

• Must be in business at least 12 mos
• 620 minimum Transunion FICO score
• At least $250,000 ASR (annual sales rev)
• No felonies/financial crimes last 20 years
• Active state business registration
• No current active lawsuits/litigation/liens

There is a merchant enrollment fee of $995 $495 upfront, of which includes a non-refundable $250 merchant underwriting fee required for all merchant applications submitted to Novae Financing. This enrollment fee is payable on this page by credit card below.

If your application is denied for any reason, you will be refunded $245 to the credit card used for the $495 setup fee. There will be a $100 $50 per month portal access fee to manage your clients charged to the credit card used for the $495 setup fee.

Currently there is no contract and you can cancel this agreement at any time.