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  1. #1
    Senior Member Reputation points: 27404
    Join Date
    Dec 2015
    Location
    Texas
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    552

    Quote Originally Posted by gaxisa View Post
    Good day all.

    BofA just realized I was running an MCA brokerage firm and is closing my account in 3 weeks. Why they even allowed me to open one is neither here nor there, but which bank do you guys use for your ISO shop?
    wellsfargo, just dont tell any of them your a broker or lender, also your business name should not be loan related. id yourself as a consultant or a business solution provider..

  2. #2
    Senior Member Reputation points: 338241
    Join Date
    Mar 2015
    Location
    Boynton Beach
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    3,470

    Quote Originally Posted by Davincinc View Post
    wellsfargo, just dont tell any of them your a broker or lender, also your business name should not be loan related. id yourself as a consultant or a business solution provider..
    Because lying or deceiving an FDIC insured institution is always a great idea....SMH!
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  3. #3
    Senior Member Reputation points: 27404
    Join Date
    Dec 2015
    Location
    Texas
    Posts
    552

    Quote Originally Posted by kevinhenry0527 View Post
    Because lying or deceiving an FDIC insured institution is always a great idea....SMH!
    saying your a consultant isnt lying, your just have to identify yourself differently then a CAPITAL Funds provider. cuz in most cases your just a broker who consults businesses.

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