Quote Originally Posted by showtime73 View Post
Where do you recommend to bank at if your own your own iso shop to receive commissions from the Funders ?

Bank of America

Chase

Pnc

Some banks may favor our industry , some May not. Just curious your thoughts.

Utilize a generic business name - when the banker asks what is your business - tell them you are a "Business Consultant' Don't lie, but, don't offer info they don't need.

Aslo, open multiple business accounts, hence, if you need to change your DDA with your funders, you can accomplish that in quick time.


** I notice many brokers going the online fintech route - like a Mercury, Azulos and many others