Results 1 to 7 of 7
-
02-20-2015, 01:47 PM #1
- Join Date
- Apr 2014
- Location
- New York
- Posts
- 274
who will fund sole prop with personal bank account
I have a real estate based business that is solid 10k+ per month but he is using a personal bank account...but he does have dba and ein will anybody do this?
-
02-20-2015, 02:01 PM #2
- Join Date
- Jan 2015
- Posts
- 26
We Would.
Lets get in touch.
Avi Dahan
Funding Coordinator/ ISO Development
P:516-345-1227
F:347-933-6074
E:adahan@yellowstonecapllc.com
-
02-20-2015, 02:08 PM #3
- Join Date
- Dec 2013
- Posts
- 4,713
will do sole prop...
Sign-up with Cresthill Capital and receive "Double Digit" commissions, that's RIGHT!! (new 2015 structure!). same on renewals!!
we specialize is funding B/C/D paper/ construction/ Home based/ logistics/ trucking/insurance agencies/ NO auto sales . we also have a micro-funding-program (less invasive underwriting model) making aggressive offers from 2K and up (CA. minimum 5k).
Fast underwriting with fewest stips commissions paid Tuesday and Thursday
bizdev@cresthillcapital.com
-
02-20-2015, 02:10 PM #4
read this thread, we've been through this before. and avi, i thought YS wont do a personal acct as per the thread in this link?
http://dailyfunder.com/showthread.ph...rsonal+account
AMERICApital1: PM me I know two places you can get it funded within 24 hours.Anthony Diamond
Underwriter
-
02-20-2015, 02:43 PM #5
- Join Date
- Jan 2015
- Posts
- 26
If has a Business DBA we would consider.
-
02-20-2015, 02:45 PM #6
-
02-21-2015, 09:55 PM #7
A sole prop is a disregarded entity. The owner elects to be disregarded as separate from its business dealings. He can operate his business from a personal account, and even report it to the irs on his personal tax return.
I'm not a lawyer and with that being said, if the IRS is ok with it then I'd love to see proof from a lender that they lost in court over this. I've seen "A" lenders pull from a personal acct enacting a personal guaranty and I know there are lenders that still do it.Anthony Diamond
Underwriter
Similar Threads
-
Trucking Company - Sole Prop
By FBC_Amman in forum Deal BinReplies: 4Last Post: 01-23-2015, 01:11 PM -
Funding for business out of personal bank account?
By bwadvance in forum Merchant Cash AdvanceReplies: 22Last Post: 12-18-2014, 11:20 AM -
Funder who will fund a personal account
By MCA1 in forum Merchant Cash AdvanceReplies: 4Last Post: 10-10-2014, 09:35 AM -
Funder who will fund a personal account
By MCA1 in forum Merchant Cash AdvanceReplies: 0Last Post: 09-08-2014, 01:33 PM -
Bank line of credit and zero balance bank account
By bdshaw in forum Merchant Cash AdvanceReplies: 7Last Post: 07-09-2014, 01:10 PM