Expense Card Opening Requirements – Profit by Paymentus

Please have the required documents on the checklist ready for the onboarding specialists to securely complete your Profit credit card application for getting line of credit/charge card approval.

Accepted Entity Types & Qualifications:

Corporations, LLCs/LLPs, and Associations incorporated in the U.S. only
Non-Profits and Sole Proprietors qualify for a Profit account on a case by case basis
Business has been established for greater than 4 years

Authorized Individuals:

Only business owners or authorized representatives can open a Profit account

Identity Verification:

Owner SSN and business Tax ID number required for business verification

Document(s) Needed:

Owner driver license (front & back)
Business credit worthiness will be determined via a a third-party credit bureaus

Credit Line Greater than $100,000:

Two full calendar years of financials
3 months of most recent bank statements

Credit line greater than $250,000. Additional Verification Needed:

May require a 3rd party site visit (i.e. Truepic)

Card issuing services provided by Corpay. Most expense card applications are processed within 3 business days, as long as all required documentation is submitted accurately and on time. In cases where additional compliance or risk review is necessary, the process may take up to 21 business days. As part of the eligibility review, we will determine credit worthiness using Experian, Truepic, and other major credit bureaus or approved providers. To complete your application, you may be required to submit recent financial documents, including balance sheets, cash flow statements, and profit & loss statements. If you’d like to request a higher credit line, please reach out to support@profitnow.com for assistance.

Paymentus is independently audited and fully compliant with the latest PCI regulations. For more information please refer to our privacy notice.

What type of companies can open a Profit account?

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