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Underwriting

How peptide merchants should prepare for underwriting

Preparation is mostly consistency. The company on the website, the company on the bank statement, and the company on the application should be the same. Product pages should match the path you are applying for, including research-use-only if that is the model. Then submit the documents the form asks for. That is the file reviewers use.

Last reviewed .

A practical list

Timing expectations are on underwriting timing.

  • Legal name and EIN, spelled the way the IRS letter spells them.
  • Registered business address and website.
  • Owner name, date of birth, home address, and government ID.
  • A proof of address less than three months old.
  • Formation documents and a bank statement for the settlement account in the legal entity’s name.

Questions

Application process

What information is usually required to apply?

The application asks for the legal entity, EIN, registered address, website, owner identity and home address, government ID, a proof of address less than three months old, formation documents, and the settlement bank account in the legal entity’s name.

A bank statement for that account is required. A driver’s license or identity card needs the front and the back. Sole proprietors provide the last four digits of a Social Security number instead of an EIN. Do not upload card numbers, bank login credentials, or a full Social Security number. After the file is accepted, the processing agreement is emailed to the owner.

Underwriting

Why would a peptide merchant be declined or delayed?

Common reasons are incomplete documents, website claims that do not match a research-use-only posture, unresolved compliance questions, or a risk profile the program cannot sponsor.

A delay is often missing information rather than a decision. Approval depends on KYC/KYB, product category, chargeback history, and program rules.

How should a peptide merchant prepare for underwriting?

Use a legal entity that matches the bank statement, describe products consistently with the sales channel, and submit the documents the application lists without card numbers or online-banking passwords.

Have the EIN, principal details, and a recent statement ready before you start. If a prior processor closed the account, keep that correspondence. It is part of the story a reviewer will ask about.

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