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  1. #1

    Square statements - Vape Shop

    I have a merchant who owns a Vape Shop and only uses a Square (business checking account). Only other account he has is a personal account. Doing 12-14k monthly. Been in business for a number of years. 1st pos

    Please let me know if this is something you can potentially do. Thanks

  2. #2
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    Capitalize funds deals after you open a business account and the business account has a month statement.

    subs@capitalizegroup.com
    Capitalize Group
    www.capitalizegroup.com
    Talk to Charles, funding manager on guidelines.
    (347) 519-2822
    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
    Senior Member Reputation points: 81655
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    Quote Originally Posted by GroundInvest View Post
    I have a merchant who owns a Vape Shop and only uses a Square (business checking account). Only other account he has is a personal account. Doing 12-14k monthly. Been in business for a number of years. 1st pos

    Please let me know if this is something you can potentially do. Thanks
    Possibly a credit card split (Lock-Box) unless the merchant would qualify and he would switch to our preferred cc processor.

    Not a requirement -

    How much funding are they seeking and what is usage of funds?

    What State?
    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

  4. #4
    Senior Member Reputation points: 22201
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    Dec 2021
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    Love Vape shops --- especially Florida.
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  5. #5
    Quote Originally Posted by MCA-VET View Post
    Love Vape shops --- especially Florida.
    Do you 'work' with Square statements?

  6. #6
    Banned Reputation points: 4416
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    Capitalize funds Square statements

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