Quote from @Matthew Beninate: Quote from @Sarita Scherpereel: Quote from @Seo Hui Han: You may want to consider local banks / credit unions just because many of them will require or give you more favorable terms for things like HELOC's and other line of credit products if you have a deposit account with them. 

With that said, choosing your bank based on customer service relationships and business credit products should be a priority. if you’re looking for a bank that offers great service and lower wire fees, I’d suggest starting with NFCU.

@Donald Hatter We send the information to a collection agency who attempts to recover the money; after they make several attempts they place it on their credit report. 

Seller financed (probably) won't be reported to the credit bureaus and so won't impact your credit score at all.

Quote from @Carlyn Chism:I agree with Chris on a lender that might be a scam or make you may so much money interest because of the low credit score that you make $1.00 on the flip or no money.  

I am curious if anyone has had any success using this product.  

DSCR loans are great products for those who need them, and we originate them everyday.

When you go to a Bank or Credit Union, they can only offer you what products that bank or credit union offer. 

WE dont pay a fee for the credit line as I mentioned just 1/2 point for each new loan..

Credit cards have the same limitation on the amount you can borrow and will likely end up costing more than private lenders.