Big sales and small invoices share one rate

Price the three streams separately

Industry guide · Underwriting Requirements

Heavy equipment merchant account requirements

Underwriting is not looking for a reason to say no. It is looking for enough evidence to say yes, and most delays are a missing document rather than a decision.

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25+ YEARS

of payment processing
experience

25+ YEARS

of payment processing
experience

Underwriting Requirements · Heavy Equipment

One organized file. Fewer surprises.

A complete, accurate file saves back-and-forth and helps partners make informed decisions.

01Verify the business and principals
02Collect industry-specific documents
03Present the complete transaction story

What we review

Practical details. Real context.

Owner identification and verifiable business details.
Bank and processing statements where available.
Products, delivery, refund and dispute policies.
Additional industry and licensing records as required.

We translate your business model into a clear application, anticipated risk review, required licenses, customer journey, financial records and fulfillment evidence.

Heavy Equipment workflow

Know the transaction before the rate.

01Quote equipment
02Collect deposit
03Deliver / inspect
04Settle final invoice

Documentation checklist

Build a complete submission.

Equipment contracts and invoices
Ticket sizes and settlement history
Delivery and warranty terms
Customer and ownership records

AltirasPay prepares and supports the file. The acquiring bank decides approval, pricing and terms.

Meet Pyper

Need help with the details?

Pyper can explain the steps, prepare questions for an expert and help you understand what comes next.

Ask Pyper

How the money reaches you

Underwriting is reading a description of this path. The clearer it is, the less there is to ask about.

CUSTOMERSALE / RENTAL / SERVICEPAYMENT GATEWAYACQUIRING PARTNERSETTLEMENT

Running alongside: DEPOSIT HOLD · RECURRING BILLING · LEVEL 2 / 3 DATA · WORK ORDER · INSPECTION RECORD · ACH / WIRE.

What gets built for heavy equipment & industrial machinery

Equipment Deposits

Accept appropriate deposits electronically while moving larger final settlement to card, ACH or wire depending on the transaction. Interchange on a six-figure machine is rarely proportional to the margin on it.

Rental Billing

Rental is recurring revenue and should be billed like it.

Field Service

Technicians can generate payment requests tied to the work order, so the invoice does not wait for someone to get back to an office.

Parts & Service

Commercial-card optimization and purchasing-card data where appropriate. This is the steady stream, and it is usually the one leaking money.

Equipment Delivery Evidence

Store the record that answers a condition dispute months later.

Tell Us Your Three Ticket Sizes.

The largest sale, the monthly rental and the average service invoice. Those three numbers decide the structure.

The exact document list depends on the business rather than the industry, so we resolve it against what you tell us instead of sending everyone the same checklist. Pyper can give you yours in about a minute.

Applying commits you to nothing and is not an approval. The acquiring bank decides placement, pricing and terms — we build the file and tell you honestly what it is likely to meet.