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  1. #1
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    Funder willing to complete deal without bank login.

    ..
    Last edited by PresidentialINVT; 08-05-2022 at 02:43 PM.

  2. #2
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    Ask the lenders with whom you have relations and ask:

    Decision Logic OK
    temporary log in and password that expires.
    conference call with bank on the line.

    Think I did one with a screen share.

    Then check with your client
    Steve Benjamin
    Professional Business Loans

    1012 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
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    .,
    Last edited by PresidentialINVT; 08-05-2022 at 02:43 PM. Reason: ,

  4. #4
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    Quote Originally Posted by PresidentialINVT View Post
    The two lenders I have offers with won't move forward without bank login.
    Can you go up the chain and talk to underwriting?
    Otherwise try some new lenders...

    If it's a term loan that may be an issue you can't overcome.
    Last edited by Olderguy; 08-05-2022 at 01:37 PM.
    Steve Benjamin
    Professional Business Loans

    1012 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
    Quote Originally Posted by PresidentialINVT View Post
    The two lenders I have offers with won't move forward without bank login.
    We have different links that may allow the merchant to feel more comfortable. If you’d like contact me at 347-252-1171 for more information.

  6. #6
    Senior Member Reputation points: 4457
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    Florida
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    Rapid/SBFS doesn't require login... in fact they don't require MTD either..

  7. #7
    Senior Member Reputation points: 15569
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    Quote Originally Posted by SBF View Post
    Rapid/SBFS doesn't require login... in fact they don't require MTD either..
    on any size deals? there's gotta be something else they use in place of that.

  8. #8
    Senior Member Reputation points: 4457
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    None of my deals ever required bank login, D-log or any other 3rd party login.

  9. #9
    Senior Member Reputation points: 22201
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    Dec 2021
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    Capybara Capital seeks to fund using DecisionLogic with out doing a direct bank log-in
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  10. #10
    Member Reputation points: 142
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    Jul 2022
    Location
    BROOKLYN NY
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    why would someone fund a deal if you cant get into the bank to see the statements ? and daily activity? how r u suppose to stay on top of merchants if merchant stops payment ? bettter not to fund if merchant doesnt wanna share info with lender huge red flag

  11. #11
    Senior Member Reputation points: 23563
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    Quote Originally Posted by SBF View Post
    Rapid/SBFS doesn't require login... in fact they don't require MTD either..
    yes they do not need to... their Internal sales team already had a bunch of conversations with the merchant by the time you receive an offer lol

  12. #12
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    .,,,
    Last edited by goatFunding; 08-09-2022 at 02:52 PM.

  13. #13
    Senior Member Reputation points: 35
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    Brickell Miami FL
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    153

    Are you funding without bank login or you have other ways of getting into the account?

  14. #14
    Senior Member Reputation points: 9802
    Join Date
    Nov 2019
    Posts
    638

    My company can do login decision logic or screen share.

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