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 PresidentExample: 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 Example:[email protected] |
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 PresidentExample: 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 Example:[email protected] |
Updated 4 months ago