[skideeppow]

I have a merchant, doing anywhere from 60k-205k worth of business. He has a personal account he is using.
He is opening a business account today.
Ave daily is not great for the volumes he is doing.
Doing $1.3 mill a year. TIB is 4 years.
He is looking for $40k and is heading into his busy season.

Anyone touch this with a brand new business account?

[Sachip24]

hmmmmm possibly if business is listed as sole prop also Loanme i think has a personal loan program they rolled out that might fit barring which state your merchant is in. I have seen high risk lenders fund personal accounts but its very veryyy short term 2-3 months type terms.

[FroFunds]

QuickBridge has done this for me for sole props if the name of the business is on the personal bank statement as a DBA OR if they open a business bank account they will underwrite the personal account and deposit into the business account. Has to be quality credit though.