Announcement

Collapse
No announcement yet.
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Other Advances

    Is there any way to confirm a business doesn't currently have any other advances?

  • #2
    Originally posted by TAR View Post
    Is there any way to confirm a business doesn't currently have any other advances?
    Perfectly? No. If you're a member of the SBFA (formerly NAMAA), you can check to see if any other SBFA member has funded that merchant but not the rest of the funders and lenders in the industry. You can also check UCC filings, examine bank statements, and merchant processing statements. Ultimately if the merchant is trying to hide it from you, they can. There's no way to perfectly confirm.

    Comment


    • #3
      Thanks Sean!

      Comment


      • #4
        You can also pull a Lexis Nexis and see if there are any UCC filings. Not perfect, but it helps.
        Zachary Ramirez
        Branch Manager

        World Business Lenders
        3090 Bristol Street, Suite 160
        Costa Mesa, CA 92626

        Direct: (714) 862-1870
        Fax: (888) 507-8970
        Email: zramirez@wbl.com
        www.linkedin.com/pub/zachary-ramirez/69/2a4/298
        www.wbl.com

        Check out our videos to learn more about our products and the clients we serve at http://www.youtube.com/user/worldbusinesslenders

        Comment


        • #5
          Is there a database that runs all UCC's filed in every state or do you have to check them individually?
          sigpic

          Comment





































































































          Working...
          X