Results 1 to 4 of 4
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11-17-2022, 10:22 AM #1Noob
Reputation points: 10
- Join Date
- Oct 2022
- Location
- Boca Raton, FL
- Posts
- 4
Anyone Fund deals with Personal Checking Accounts
Seem to be getting a large number of leads from folks who are operating out of personal checking accounts. Anyone work with these. Would typically be smaller, 1st position deals.
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11-17-2022, 10:26 AM #2Senior Member
Reputation points: 68259
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,140
Have to open a business account.
Capitalize can do it but that's required.
Go to county online and get a DBA
Go to IRS website and get EIN
Take to bank and open business bank account.
All can be done in a day.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.
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11-17-2022, 10:51 AM #3Noob
Reputation points: 10
- Join Date
- Oct 2022
- Location
- Boca Raton, FL
- Posts
- 4
Hi Steve. Just to follow up. Is it correct then that you would not require 3 months of business bank statements?
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11-17-2022, 12:32 PM #4Senior Member
Reputation points: 68259
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,140
That is correct....
Just 3 days is my understanding.....
Charles I.
Funding Manager
CAPITALIZE Group
(347) 519-2822
charles@capitalizegroup.com
capitalizegroup.comSteve 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.
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