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Hi all,
New here so apologies if this is in the wrong place. I'm in the midst of starting up an MCA provider business and I'm having trouble starting a bank account.
Commercial banks will not create an account for a "non-depository financial institution".
If you don't mind sharing - who do you bank with? We're exploring Cash Management Accounts and Credit unions but thought I'd get some insights from the field.
Thanks in advance!
-G
New here so apologies if this is in the wrong place. I'm in the midst of starting up an MCA provider business and I'm having trouble starting a bank account.
Commercial banks will not create an account for a "non-depository financial institution".
If you don't mind sharing - who do you bank with? We're exploring Cash Management Accounts and Credit unions but thought I'd get some insights from the field.
Thanks in advance!
-G
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