Who FUNDS with Personal Bank Statement
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  1. #1
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    Who FUNDS with Personal Bank Statement

    I know is practically IMPOSSIBLE, but if anybody will do it. Let me know. Thanks

  2. #2
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    Topline Cash maybe.
    LoanMe
    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.

  3. #3
    Senior Member Reputation points: 44858
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    Quote Originally Posted by Creative Lender View Post
    I know is practically IMPOSSIBLE, but if anybody will do it. Let me know. Thanks
    you do cause you are "creative lender" right ?

  4. #4
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    Quote Originally Posted by fin4all View Post
    you do cause you are "creative lender" right ?
    Should we rep for sarcasm?
    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.

  5. #5
    Member Reputation points: 895
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    Feb 2020
    Location
    Anaheim, CA
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    85

    Quote Originally Posted by Olderguy View Post
    Topline Cash maybe.
    LoanMe
    We cannot legally fund a merchant via their personal checking account.
    Joel S Galasso
    Senior National Accounts Manager
    Small Business Loans
    Main: 949-535-7798 | business.loans@loanme.com

    1900 S. State College Blvd. Suite 300 Anaheim, CA 92806

  6. #6
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    Quote Originally Posted by LoanMe_JG View Post
    We cannot legally fund a merchant via their personal checking account.
    You can through your consumer loan operation.

    Your client can also get a personal loan if Fico is 720 or higher.
    Last edited by Olderguy; 03-16-2022 at 06:43 PM.
    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.

  7. #7
    Senior Member Reputation points: 84416
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,948

    Quote Originally Posted by Creative Lender View Post
    I know is practically IMPOSSIBLE, but if anybody will do it. Let me know. Thanks

    MAYBE a Credit Card Split with Lockbox
    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

  8. #8
    Member Reputation points: 895
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    Feb 2020
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    Anaheim, CA
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    Quote Originally Posted by Olderguy View Post
    You can through your consumer loan operation.

    Your client can also get a personal loan if Fico is 720 or higher.
    Correct but since this is a forum dealing primarily with funding for small businesses, didn't want anyone to think there was a way for us to provide a business owner with working capital into their personal checking account.
    Joel S Galasso
    Senior National Accounts Manager
    Small Business Loans
    Main: 949-535-7798 | business.loans@loanme.com

    1900 S. State College Blvd. Suite 300 Anaheim, CA 92806

  9. #9
    Banned Reputation points: 179851
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    Quote Originally Posted by Creative Lender View Post
    I know is practically IMPOSSIBLE, but if anybody will do it. Let me know. Thanks
    Bitty does.
    Have funded multiple deals with Bitty that has Personal Statements.
    Have also gotten declines for personal statements as well.....
    When I asked about this they said essentially it has to be a great looking deal, if there are any issues coupled with personal statements they will decline, because their personal statement deals have preformed like ****.
    Last edited by ryan $; 03-17-2022 at 01:02 PM.

  10. #10
    Senior Member Reputation points: 22609
    Join Date
    Dec 2019
    Posts
    158

    We are a micro funder - 15k max on first deal, 12 point commission to broker. Renewals up to 25k.

    Decisions on deals in 30 minutes or less

    Every approval comes with an instant checkout link (mobile and desktop ready) for your merchant to checkout their funds

    NO VC or ID required up front if you would like to proceed with any approval received by us

    Interested in becoming an ISO or want more info.

    Shoot an email/text to joe@superfastcap.com/646-546-3866.
    Thank you,

    Joseph Vaknen
    Business Development
    SuperFastCap


    Direct: (646) 546-3866 (Text or Call)
    E-mail: Joe@superfastcap.com
    www.superfastcap.com

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