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  1. #1
    Senior Member Reputation points: 86941
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    ^ how is that not regulated lol. How are these national banks "originating" loans? It's not their customer base. This is a total scheme.

    https://crsreports.congress.gov/prod...f/LSB/LSB10512
    Last edited by fundingsmbs; 01-27-2022 at 11:18 AM.

  2. #2
    Senior Member Reputation points: 338265
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    Quote Originally Posted by fundingsmbs View Post
    ^ how is that not regulated lol. How are these national banks "originating" loans? It's not their customer base. This is a total scheme.

    https://crsreports.congress.gov/prod...f/LSB/LSB10512
    Is it POSSIBLE the BANK has a line out to the FINANCE COMPANY. The bank refers prospects to the finance company who is using their line. There is a LOT of this in the market.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  3. #3
    Senior Member Reputation points: 3942
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    Quote Originally Posted by John Cary View Post
    don't know but I'm not the only once receiving the email.

    clothing manufacturer
    You know this post is almost 2 years old right?

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