Need a direct lender who will fund a personal account of an established business
Need a Funder or Vendor? START HERE

Results 1 to 4 of 4
  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 help only if you are a direct lender or can REFER one, thanks!
    MRansom.SmartSeedCapital@gmail.com

  2. #2
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Sign up with Cresthill Capital bizdev@cresthillcapital.com
    will make you offers in 3-4 Hours. I think funding a personal account however turns the deal into a business-to-consumer deal and that is highly regulated.

  3. #3
    Quote Originally Posted by mcaguru View Post
    I think funding a personal account however turns the deal into a business-to-consumer deal and that is highly regulated.
    mcaguru is correct. Rules and regulations are different per state, but none-the-less Consumer Lending is a much more highly regulated environment.

    LoanMe offers business loans to businesses that have a business bank accounts open for just 2 months. It sounds like the borrower understands the need to get business bank accounts established for the business. Give us a call when he has a minimum of 60 days transaction history on a business bank account.
    LoanMe Business
    949-535-7798
    Email: Business.Loans@LoanMe.com




    www.loanme.com/SBL-partner
    1900 S State College Blvd. Suite 300
    Anaheim, CA 92806

  4. #4

    Senior Underwriter

    Quote Originally Posted by SmartSeedCapital View Post
    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 help only if you are a direct lender or can REFER one, thanks!
    MRansom.SmartSeedCapital@gmail.com
    We are a direct lender. I can help.
    Sbatchelor@umsfunds.com

Similar Threads

  1. Replies: 1
    Last Post: 08-04-2015, 12:52 PM
  2. who will fund sole prop with personal bank account
    By AMERICApital1 in forum Merchant Cash Advance
    Replies: 6
    Last Post: 02-21-2015, 09:55 PM
  3. Funder who will fund a personal account
    By MCA1 in forum Merchant Cash Advance
    Replies: 4
    Last Post: 10-10-2014, 09:35 AM
  4. Funder who will fund a personal account
    By MCA1 in forum Merchant Cash Advance
    Replies: 0
    Last Post: 09-08-2014, 01:33 PM
  5. personal + business account factoring?
    By AMERICApital1 in forum Deal Bin
    Replies: 2
    Last Post: 06-12-2014, 03:08 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle
Fintech Nexus is shutting down


DIRECTORY