[salesguy]

Building company that flips houses is seeking 15-20k in funding. Issues is: they deposit their money into a personal checking and savings account, and their deposits can be sporadic. Who can do these types of deals?

[Yankeeman07]

Building company that flips houses is seeking 15-20k in funding. Issues is: they deposit their money into a personal checking and savings account, and their deposits can be sporadic. Who can do these types of deals?

Move on to the next potential deal.

[Chambo]

Building company that flips houses is seeking 15-20k in funding. Issues is: they deposit their money into a personal checking and savings account, and their deposits can be sporadic. Who can do these types of deals?

They have been in business 30 years, do $400,000 a year, and are still using a personal checking account?

Sounds VERY fishy

[Funder Mark]

There must have been fraud in the account, so they closed the business account 4 months ago, and they cannot provide any paybacks.

[nrh1lp]

If a merchant's cash cycles are > 30 days unsecured financing is probably not gonna happen. If they are flipping houses odds are the only coll they have is the properties they are trying to flip which no one is going to want to touch mid project. What is there FICO? Might be able to go after biz cc's or a personal loan.