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07-21-2015, 12:01 PM #1Member
Reputation points: 107
- Join Date
- Dec 2014
- Posts
- 7
Minimum bank deposits for WBL
What are the minimum bank deposits a business has to make in order for WBL to look at a file? The merchant is only doing 10k to 20k per month but has 3 properties he owns, 96k (owes 12k on) 160k (owes 119k) and 70k (owns outright.)
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07-21-2015, 12:11 PM #2Sponsor
Reputation points: 302
- Join Date
- Jun 2013
- Posts
- 195
Minimum deposits should be around 17K-20K per month at the very least as long as the collateral and credit are good.
Regards,
Chris Pepe
Vice President
World Business Lenders
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