Need a direct lender who will fund a personal account of an established business
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  1. #1
    Member Reputation points: 10
    Join Date
    Apr 2015
    Location
    Meriden, Connecticut, United States
    Posts
    14

    Need a direct lender who will fund a personal account of an established business

    Some basics about this merchant
    668 credit score
    uses personal account for his counter top/ renovation business
    is opening multiple business and will have business accounts for those
    in business 5 years
    grossed 213k last year on pace to possibly exceed that though he had to close his doors for a few weeks due to renovations and upgrades
    he gets account receivables
    only wants 5k to start on a short term and low cost
    wants to grow with a business as his multiple businesses will be growing extensively within this and next year

    contact me asap if you can halp only if you are a direct lender or can REFER one, thanks!
    MRansom.SmartSeedCapital@gmail.com

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
    Join Date
    Sep 2012
    Location
    New York City
    Posts
    3,189

    different rules apply to personal bank accounts, that's why funders won't touch them

    Also, the merchant can technically turn around and file an unemployment claim against the fund. you are direct depositing money into their personal bank account, ergo, you are paying them for services rendered....making them an employee

    It's happened before

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