construction co
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  1. #1
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    construction co

    Who calculates 2 bank accounts for deposits? Who can go off payback months?

  2. #2
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    construction co

    QS will use 2 accounts

  3. #3
    If the name on the 2 accounts is the same legal entity; LoanMe can use 2 accounts to demine business deposits/income.
    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 Member Reputation points: 43599 brokerCompany's Avatar
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    interesting loanme emailed me a different answer, said you only take 1 account in calcuation

    Quote Originally Posted by LoanMe View Post
    If the name on the 2 accounts is the same legal entity; LoanMe can use 2 accounts to demine business deposits/income.

  5. #5
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    depending on time in biz you could try BFS they usually give biggest $ amount for first position construction if financials are good they will look at the whole year . but you need full file full year bank tax returns financials to try to make it work

  6. #6
    The Business Backer uses all bank accounts associated with THE SAME legal entity and payback months for seasonal businesses and offer step-up payments that go inline with their volatility.

  7. #7
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    Cresthill capital is probably the most aggressive High Risk lender (especially on files under 25K..but love the big files as well)...offers made in 3 hour and fewest stips and funds hours after contract back-in... we understand that offers need to be adjusted and have a new department only for that purpose.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  8. #8
    PM me the loan ID and I will personally take a look.
    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

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