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  1. #1
    Member Reputation points: 118
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    tin # whos funding

    I am representing a construction company with a monthly revenue ranging from 30k to 50k USD. It is noteworthy that the company does not have any advances, the downfall here is that it has a Tax Identification Number (TIN), but does not possess a Social Security (SS) number.
    can anyone fund this?
    tks in advance

  2. #2
    Senior Member Reputation points: 9802
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    Quote Originally Posted by Businessrevenue View Post
    I am representing a construction company with a monthly revenue ranging from 30k to 50k USD. It is noteworthy that the company does not have any advances, the downfall here is that it has a Tax Identification Number (TIN), but does not possess a Social Security (SS) number.
    can anyone fund this?
    tks in advance

    If the daily balances are strong nd he has good online presences and been in this country for awhile i would take a look at it. We will cap at 3-5 months to start due to higher risk industery and not having a social. But our renewals work kind of like a line of credit.

    Scott Platto
    scott@tmrnow.com
    tmrnow.com
    212-220-9872

  3. #3
    Senior Member Reputation points: 9645
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    We (Elevate) will fund ITIN merchants if they've been open for at least 1 year and can provide a prior year's business tax return.

    Shoot me an email: ken@elevatefunding.com

  4. #4
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    Most lender will fund ITIN as long as they can show legal residence. Driver's license, utility bill, etc,
    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
    Senior Member Reputation points: 216519
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    Quote Originally Posted by Olderguy View Post
    Most lender will fund ITIN as long as they can show legal residence. Driver's license, utility bill, etc,
    How do you know that Steve? Can you give a list of "most"?

  6. #6
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    Quote Originally Posted by abfunders View Post
    How do you know that Steve? Can you give a list of "most"?
    We did it as a direct lender..was never an issue...just ask the lender's you deal with...we just needed proof of residence. We did have a lot of Hispanics as clients so maybe we're unusual due to that.
    Last edited by Olderguy; 03-22-2023 at 11:19 AM.
    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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