Can anyone fund using Cash Account (Savings) as collateral?
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  1. #1
    Senior Member Reputation points: 1393
    Join Date
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    Can anyone fund using Cash Account (Savings) as collateral?

    Merchant is opening a new business and is open to using $80K in Savings account to qualify for the same amount.

    Is this something Loan Me or anyone else can do? Thanks.

  2. #2
    Senior Member Reputation points: 18402
    Join Date
    Apr 2014
    Posts
    781

    Better yet, what is his fico and does he have 401k ?

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