Hi Barefootsies,
Nice thread.
L3 Payments specializes in both direct merchant accounts for credit cards and ACH. We work with several banks world wide in the US, EU, and LAC regions.
Requirments vary from bank to bank and region to region. In a nutshell, our banks in the US and LAC like to see at least 3mo. processing history. In the EU our bank likes to see 6mo. If this is a totally new venture with no processing history, then a business plan is a prerequisite.
We also do not get involved with your monthly settlements.
Where we place you depends on what your business model looks like and what region(s) make the most sense.
I am more than happy to take a look at anyone's current deal and go over that with you, to make sure you are getting a fair shake.
In closing, we have banks for both mainstream (don't take adult) and high risk.