Lili bank statements
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  1. #1

    Lili bank statements

    I have a merchant that is doing 15k monthly revenue with a lili bank account. A number of funders declined due to not 'accepting' lili statements. If you would work with lili statements (https://lili.co/), please pm me.

  2. #2
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    Read the fine print plus a quick review of their site - is that these are personal accounts, not business? .

    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  3. #3
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    Quote Originally Posted by jgcap View Post
    I have a merchant that is doing 15k monthly revenue with a lili bank account. A number of funders declined due to not 'accepting' lili statements. If you would work with lili statements (https://lili.co/), please pm me.
    We might be able to touch this, we would just need the bank to state that it is a business bank

  4. #4
    From the fine print, it seems like it is a business checking account. It's a fintech with a banking sponsor, most finteches offering banking services have a banking sponsor, for example BlueVine.

  5. #5
    I've seen situations like this, the bank can provide a letter stating: John Smiths ABC Bank account ending in #1234 is a Business Checking Account, to verify.
    Adam Wines
    Holloway Funding Group
    www.gohfg.com
    Processing@gohfg.com

  6. #6
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    so anyone doing this? It clearly says on top of statement name of LLC

  7. #7
    Anyone know any lenders funding Lili Bank statements?
    Best Regards,

    Louis DiMaria - South Shore Funding CEO
    Office: 516.431.3100 ext. 126
    Fax: 516.454.1014
    Cell: 516.454.1001


  8. #8
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    Quote Originally Posted by LDPSU126 View Post
    Anyone know any lenders funding Lili Bank statements?
    Capitalize used to but they required client to open a busness account for ACH's.

    Capitalize Group | New York, NY. | Direct Funder
    www.capitalizegroup.com | (347) 519-2822 | admin@capitalizegroup.com
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

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