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  1. #1

    Need a weird lender for this special situation

    Merchant is 100-200k monthly . However due to divorce his biz bank account is closed and he has to make a new one , has tax returns going back years and maybe can get old bank statments from jan feb prior to divorce , is this dead in the water for 3 months while he builds new bank history or is there a funder for this fella out there ?

  2. #2
    Construction btw

  3. #3
    Senior Member Reputation points: 72398 Olderguy's Avatar
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    I've seen term loans with a void in deposits but not necessarily that long....and also done term loans with MCA defaults.....if no deposits now and new bank account, have you tried a start up loan? Does he have any property to do a hard money loan?
    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.

  4. #4
    Member Reputation points: 10
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    nyc
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    call me at 631-835-3987

    name is walter

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