Not sure in Canada, but my merchant agreement forbids me from charging any money before an item is shipped. The $50mm in net worth is a polite way of saying No

Not sure in Canada, but my merchant agreement forbids me from charging any money before an item is shipped. The $50mm in net worth is a polite way of saying No. Two suggestions. Change your business model. Obviously you have some credit with your sellers. Talk with UPS Logistics, integrate a shipping platform so that your sellers ship to you, and you reforward. At this point, you don't need TPPA processing. You get the business off the ground, processing orders, proving the viability of your concept while continuing to pursue TPPA. Two, YOU or your cofounder get on the phone with the acquiring banks. Only you know the business, only you know how you're going to address fraud and risk, and only you have the passion to sell the idea to the banker. My guess is you're talking to a broker that is doing the dealing behind the scenes that isn't talking to the person that can actually make the decisions. Leverage your Board - they surely have connections. It is a longshot, but, email me and I'll give you two contacts that MIGHT be able to help. Poorly disguised email address in my profile.