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Owners and Beneficial Owners

Owners

The ownership stake of all owners must equal 51% or more. Another name for these owners is Principal owners or Signing owners

Parameter

Description

FirstName Required

Owner’s First Name
Format: String, Length 1-25

  • Example_:John

LastName
Required

Owner’s Last name
Format: String, Length 1-25

  • Example_:Smith

Title
Required

Owner’s Title
Format: String, Allowable Values: CEO, CFO, Director, Owner, Partner, President, Secretary, Treasurer, Vice President

  • Example_:Partner

OwnershipPct
Required

Percentage of ownership this owner has of the business
Format: Numeric (must be a whole number), Length Min: 1, Max: 100

  • Example_:57

Address
Required

Address that will be listed for the owner. It should include Address Line 1 and Line 2
Format: String, Length 1-32

  • Example_:1200 North Street

Country
Required for Payfac

Owner's country. Required only for Payfac.
Format: String, 2-Character Alpha Country Code

  • Example_:US

City
Required

Owner’s address city
Format: String, Length 1-13

  • Example_:Pleasanton

State
Required

Owner’s address state.
Format: String, Length 2

  • Example_:CT

ZipCode
Required

Owner’s address zip code.
Format: String, Length 5-9

  • Example_:06830

PhoneNo
Required

Owner’s phone number
Format: Numeric 9-14

  • Example_:6546456984

BirthDate
Required

Owner’s date of birth
Format: Date (YYYY-MM-DD)

  • Example_:1987-05-23

SSN
Required

Owner’s SSN (social security number)
Format: Numeric, Length: 9

  • Example_:456456789

DriverLicenseNo
Required

Owner’s drivers license number
Format: String, Length 0-30

  • Example_:123545894456456

DriverLicenseSTate
Required

Owner’s drivers license state
Format: String, Length 2

  • Example_:CT

Email
Required

Owner’s email. This is where the application PDF will go to for the owner to sign.
Format: String, Length 5-75

Beneficial Owners

Beneficial Owners are non-signing owners with a stake of 25% or more

Parameter

Description

FirstName Required

Owner’s First Name
Format: String, Length 1-25

  • Example_:John

LastName
Required

Owner’s Last name
Format: String, Length 1-25

  • Example_:Smith

Title
Required

Owner’s Title
Format: String, Allowable Values: CEO, CFO, Director, Owner, Partner, President, Secretary, Treasurer, Vice President

  • Example_:Owner

OwnershipPct
Required

Percentage of ownership this owner has of the business
Format: Numeric (must be a whole number), Length Min: 1, Max: 100

  • Example_:Example 50

Address
Required

Address that will be listed for the owner. It should include Address Line 1 and Line 2
Format: String, Length 1-32

  • Example_:411 West Putnam Ave

Country
Required

Owner's country.
Format: String, 2-Character Alpha Country Code

  • Example_:US

City
Required

Owner’s address city
Format: String, Length 1-13

  • Example_:Greenwich

State
Required

Owner’s address state.
Format: String, Length 2

  • Example_:CT

ZipCode
Required

Owner’s address zip code.
Format: String, Length 5-9

  • Example_:68301

PhoneNo
Required

Owner’s phone number
Format: Numeric 9-14

  • Example_:6546456984

BirthDate
Required

Owner’s date of birth
Format: Date (YYYY-MM-DD)

  • Example_:1984-12-01

SSN
Required

Owner’s SSN (social security number)
Format: Numeric, Length: 9

  • Example_:456456789

DriverLicenseNo
Required

Owner’s drivers license number
Format: String, Length 0-30

  • Example_:123545894456456

DriverLicenseState
Required

Owner’s drivers license state
Format: String, Length 2

  • Example_:CT

Email
Required

Owner’s email. This is where the application PDF will go to for the owner to sign.
Format: String, Length 5-75

Updated 11 days ago