Weird one
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  1. #1
    Senior Member Reputation points: 22606
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    166

    ....
    Last edited by swiftcloser; 01-28-2020 at 10:11 AM.

  2. #2
    Senior Member Reputation points: 54989
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    4,713

    I don't see an issue! Sign up with Cresthill Capital !

    Offers in hours/ few stips / great commissions / funds asap with contracts back-in!!
    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

  3. #3
    Senior Member Reputation points: 24139
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    Apr 2014
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    Washington DC
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    421

    many businesses use multiple bank accounts for various reasons -- you will have no issue with most lenders if revenue can be tracked. Feel free to reach out to us (or any up market funder, candidly).
    Carl Fairbank
    Founder & CEO boldMODE
    www.boldmode.com
    Carl@boldmode.com
    Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
    www.breakoutfinance.com

  4. #4
    Senior Member Reputation points: 62986
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    Apr 2015
    Location
    Louisiana
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    299

    Weird one

    QS/Credibly and a bunch of others will underwrite with multiple accounts

  5. #5
    Sounds like an easy deal. Please reach out if you come across any hurdles
    potheguy@nationalbusinesscapital.com

  6. #6
    Senior Member Reputation points: 49940
    Join Date
    Aug 2014
    Posts
    620

    Sounds relatively easy to get done, is the 35k real revenue or are you counting transfers from one account to the other as deposits? Either way if you are not already set up with a rep over here at Yellowstone and would like to discuss your deal in more detail, please feel free to reach out.

    Anthony Saracino
    Senior Funding Coordinator
    Yellowstone Capital LLC
    Direct: (516)-282-0933
    Fax: (646)-403-3092
    Cell: (201)-523-2596
    Asaracino@Yellowstonecap.com

  7. #7
    Senior Member Reputation points: 9546
    Join Date
    Jun 2016
    Posts
    416

    Quote Originally Posted by swiftcloser View Post
    Okay, I have a strange one any advice. Client has 650ish credit. 8 year old retail business (shoes and other various retail items) Business is LLC doing 35-45k per month combined. No other loans.

    The client has three business bank accounts (3 different account numbers) all linked to the business. Different products he sales he runs them through diffenet accounts. No issues with hard login or decision logic. Looking for a small 25-35k deal.

    With him having three diffennt accounts I know it triples the paperwork, will this be an issue?

    Swiftloan
    541-383-7290
    390 SW Colombia
    Bend, OR 97702
    This is actually better for me. Allows me to underwrite all accounts for max approval.



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