We submit clients with RMs if they setup a business checking account with the corresponding bank (Chase & Bank of America). If they do not setup a business checking or dont have the means to (closest branch is too far away), then we will not submit them with RMs. Process application(s) manually in this scenario. Be sure to ask the client if they have any business credit cards for thier business through the bank they are banking with.
The account is tied to their social security and the LLC and they can see what other products you have from your personal side and business side based off of your social security.
If a client has business bank accounts with Chase or Bank of America, does he need to still speak with a RM? Is that account tied to the SSN and not the LLC or Corp? Complete - review
Written by Corey
Last updated November 12, 2023