Personal Checking Account
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  1. #1
    Senior Member Reputation points: 62986
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    Personal Checking Account

    I have a California event planning business, incorporated a little over a year ago, however his business is still operating from a personal checking account. Does anyone fund these types of transactions? Avg. deposits $72k, average ending daily balance only $4,270.

  2. #2
    Veteran Reputation points: 135029 Chambo's Avatar
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    California deal AND personal bank account? That one is gonna be real difficult

  3. #3
    Senior Member Reputation points: 27404
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    its free to open a business checking at wells fargo, lol,
    anyways, if he has an ein number, GO Get a bank account. Then you may want to get a CA broker license. to continue to process.

    get him a personal loan if all else fails.

    https://www.sofi.com/refer/347/188567

  4. #4
    Senior Member Reputation points: 47257
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    Basalt CO
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    Quote Originally Posted by Davincinc View Post
    its free to open a business checking at wells fargo, lol,
    anyways, if he has an ein number, GO Get a bank account. Then you may want to get a CA broker license. to continue to process.

    get him a personal loan if all else fails.

    https://www.sofi.com/refer/347/188567
    just got my CA lic, it took 6 months.

  5. #5
    Senior Member Reputation points: 1258
    Join Date
    Aug 2016
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    1st position for personal

    Quote Originally Posted by sigmundpannu View Post
    I have a California event planning business, incorporated a little over a year ago, however his business is still operating from a personal checking account. Does anyone fund these types of transactions? Avg. deposits $72k, average ending daily balance only $4,270.
    Viking does, I used to work for msi upstairs, so there not my favorite company since there my x employer but they do personal statements as long as its a sole prop I believe

  6. #6
    Sending you a PM

    Kyle Readdick, CEO
    Synergy Direct Funding
    2525 Camino del Rio S
    San Diego, CA 92108
    p: [866]428-0172 | f: [888]372-6007
    w: http://synergydirectfunding.com

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