6 Questions
Which documents are required when generating an offer for a merchant that scored a zero on the BizID model?
The last three year's of business tax returns
What is the purpose of the 8821 form (Tax Guard)?
To authorize the release of the merchant's tax returns to the lender
When are the conditions of providing the last three year's of business tax returns and the signed 8821 form (Tax Guard) required?
Only for merchants with a low credit score
Which documents are required when generating an offer for a merchant that scored a zero on the BizID model?
The last three year's of business tax returns & Signed 8821 form (Tax Guard)
What is the purpose of the 8821 form (Tax Guard)?
To authorize the IRS to disclose tax return information to a third party
When are the conditions of providing the last three year's of business tax returns and the signed 8821 form (Tax Guard) required?
When a merchant scores a zero on the BizID model
Quiz: Conditions for Generating Offers for Merchants with a Zero BizID Score Test your knowledge on the conditions required for generating offers for merchants with a zero BizID score. Learn about the necessary documents, such as the last three years' of business tax returns and the signed 8821 form (Tax Guard), that must be included in the offer. Challenge yourself and improve your understanding of merchant offer requirements!
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