Anyone know if there are any lenders still out there that don't ask to see the business bank statements on a merchant?

Yes....

The ones that closed shop......
or you can find them at the blackjack table.....

1st Merchant funds with no bank statements

every funder reviews bank statements not only to assess gross deposits but to see if competitors are currently deducting from merchants bank account or cc sales. this is basic for the industry

They don't pull credit either. That's because they specialize in small starter advances that get paid off in 2 months or so. For a regular advance, a lender would be nuts not to check the bank statement.

They don't run credit?

__________________
Brian Bartos
Business Development
GRP Funding, LLC
1350 Main Street - 4th Floor
Springfield, MA 01103
Toll-Free: (877) 571-7999
Direct: (413) 241-8983
E-Mail: bbartos@grpfunding.com
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Pretty much none of the starter programs run credit. But that is why the merchant gets 10-30% of processing average in a 1-3 month deal

Fordwarline does not look at business bank statments.. but it doesnds like the merchant has nsf all over the places,, chnanes his fico is weak.

how do they know if a merchant does or does not have alot of NSFs if they dont look at the bank statements? also, how do you know what impact the retrieval % will make on the merchants gross sales if you dont verify bank statements/gross deposits?

your telling me that ForwardLine is throwing out those 1.15, 7 month offers without looking at bank statements?? How do you measure NSF's without seeing a bank statement?