[Johndough]

As a write this a buddy of mine just got turned down by metropolitan when he told them that he planned on using the account to FUND

[Ehenek]

The bank that doesnt go insolvent

[RichDennisPoorDad]

Metro stopped MCA and Crypto after their prepaid cards lawsuit and fine

[sergio450]

Optimum Bank is a small bank based out of South FL that specializes in working with MCA lenders. They were at the Funders Forum event.

[fundinggrasshopper]

have heard thru the grapevine that svb is still pretty hands off when it comes to the industries they provide banking to

Optimum for sure too

[iwantyourpaper]

Optimum Bank is a small bank based out of South FL that specializes in working with MCA lenders. They were at the Funders Forum event.

Optimum is great, speak to Giovanni GCumberbatch@optimumbank.com

[abfunders]

I forgot to mention Optimum, but only because I haven't used them yet. Tons of funders are using them, and from what I hear they're pretty pro-MCA.

[TheUnderwriter]

Bank United

[zalman]

When it comes to small banks, it may be worthwhile taking 5 minutes to look at their financial statements and figure out if they have high exposure to a single asset class such as CRE. This should only be an issue if you plan on having 250K or more on hand....

[MCA-VET]

I met the Optimum guys ..seems like even the chairman of bank is very hands on..as per the exposure topic -- will leave it to the Zalmans of the world to guide the industry...

[zalman]

I met the Optimum guys ..seems like even the chairman of bank is very hands on..as per the exposure topic -- will leave it to the Zalmans of the world to guide the industry...

Unless I'm reading this wrong, they've got a 62% exposure to commercial real estate.... Good bank and good people but this is a risk factor that should not be ignored.

You can download their 10K here https://optimumbankholdings.q4ir.com...ingId=17354312

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But then again, I'm just the Zalman's of the world so what do I know.