No Bank Login
Need a Funder or Vendor? START HERE

Results 1 to 12 of 12
  1. #1
    Senior Member Reputation points: 5777
    Join Date
    Mar 2016
    Posts
    335

    No Bank Login

    Who funds with no bank login? Has a 1st position with 20k left. Just got approved for 50k 1.48 but this client does nothing online but email.

    150k in sales per month.

  2. #2
    Banned Reputation points: 17587
    Join Date
    Sep 2014
    Posts
    720

    Quote Originally Posted by TedFundy View Post
    Who funds with no bank login? Has a 1st position with 20k left. Just got approved for 50k 1.48 but this client does nothing online but email.

    150k in sales per month.
    ...long day, my bad lol. maybe call the bank and confirm statements that way? think qs has a form/method for this.
    Last edited by anonymous; 04-17-2017 at 02:49 PM. Reason: common sense

  3. #3
    Senior Member Reputation points: 5777
    Join Date
    Mar 2016
    Posts
    335

    Quote Originally Posted by anonymous View Post
    have him write down the login and fax it to you lol
    He prefers carrier pigeon.

    Seriously though. He got funded once without a login.

  4. #4
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,318

    EBF (although a lot of them will do it). Gotta provide contact information for someone at the bank, so they can call and verify. Slows down funding process.

  5. #5
    Senior Member Reputation points: 5777
    Join Date
    Mar 2016
    Posts
    335

    Quote Originally Posted by WestCoastFunding View Post
    EBF (although a lot of them will do it). Gotta provide contact information for someone at the bank, so they can call and verify. Slows down funding process.
    I have asked 6 or 7 now. No one will do it via phone call.

  6. #6
    We've done few deals with phone-only verification. Confirmed good guys for us are: Happy Rock, Legend Advance Funding, EBF - but many would o it if you tell them client doesn't do internet. Just tell the UW client has no online access and can do a 3-way call (once had to do an MTD statement sent to UW directly from the bank).

  7. #7
    Senior Member Reputation points: 84403
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,926


    Quote Originally Posted by TedFundy View Post
    Who funds with no bank login? Has a 1st position with 20k left. Just got approved for 50k 1.48 but this client does nothing online but email.

    150k in sales per month.
    Credit Card Lockbox - without seeing file, may be able offer better than 1.48,
    but would need further information.

    *Alternative, bring the merchant into the 21st century.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  8. #8
    Senior Member Reputation points: 5777
    Join Date
    Mar 2016
    Posts
    335

    Quote Originally Posted by Yankeeman07 View Post



    *Alternative, bring the merchant into the 21st century.
    I'll bring him to the 21st century as soon as you update your website you created on your IBM back in 98.

  9. #9
    Senior Member Reputation points: 203690
    Join Date
    Jan 2014
    Posts
    1,370

    just funded with Lendini three way conference call with bank instead of decision logic to verify mtd's etc etc

  10. #10
    Senior Member Reputation points: 84403
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,926

    Quote Originally Posted by TedFundy View Post
    I'll bring him to the 21st century as soon as you update your website you created on your IBM back in 98.
    The type or age of a computer has no relationship to a web site. BTW, my site generates me leads, what is your web site?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  11. #11
    Senior Member Reputation points: 5777
    Join Date
    Mar 2016
    Posts
    335

    Quote Originally Posted by WestCoastFunding View Post
    EBF (although a lot of them will do it). Gotta provide contact information for someone at the bank, so they can call and verify. Slows down funding process.
    Spoke with a ISO rep earlier in the week at EBF and they said they could do a 3 way call once approved. Got my client approved for 70k, sent in all docs, he sent the notarized COJ and I call EBF to verify again that we can do the bank call today (he already had his banker ready to do the call). EBF then says, "no online banking? That's a kill, have a good day."

    I said wow, can you at least pay for my Uber after you F me?

  12. #12
    Senior Member Reputation points: 8424
    Join Date
    Aug 2014
    Posts
    194

    Quote Originally Posted by Yankeeman07 View Post
    The type or age of a computer has no relationship to a web site. BTW, my site generates me leads, what is your web site?
    Holy **** man, spend 100 bucks on a nice wordpress theme. it'll go along way.

Similar Threads

  1. NO Bank Login
    By Giants86 in forum Deal Bin
    Replies: 5
    Last Post: 05-03-2016, 04:16 PM
  2. No Bank Login
    By Murphyls in forum Merchant Cash Advance
    Replies: 22
    Last Post: 09-16-2015, 06:41 PM
  3. No Bank Login
    By wally in forum Deal Bin
    Replies: 8
    Last Post: 07-27-2015, 05:05 PM
  4. Approve w/out Bank Login or DL
    By wally in forum Merchant Cash Advance
    Replies: 1
    Last Post: 07-17-2015, 04:33 PM
  5. bank login
    By H W Group in forum Merchant Cash Advance
    Replies: 4
    Last Post: 02-24-2015, 01:36 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

Pipe secures $100M credit facility
Cloudsquare: 14 new lender APIs
FundKite survey finds 77%


DIRECTORY