How do I provide proof of funds for auctions on LoopNet?

You have two options to provide proof of funds: you can quickly and securely connect your bank account through Stripe, or you can manually upload proof of funds documents.

How to link an account with Stripe

1. In the Proof of Funds section of the bidder registration form, click “Connect”.
2. After the Stripe pop-up appears, select your banking institution and enter your bank login credentials.
3. A list of your accounts will appear. Choose the account(s) you would like to connect.
4. Once Stripe has successfully connected your bank accounts, you will see a success message. Click “Done” to close the pop-up.
5. You will see all your bank accounts listed on the bidder registration form, along with the current balance and connection status.

Manually uploading proof of funds documents

LoopNet accepts the following types of documents:

• Bank account statements
• Brokerage account statements
• Letters from your financial institution stating the account balance
• Loan pre-approval letters and term sheets (only when indicated in the sale listing description and only when utilizing approved lending channels)
• A line of credit agreement (only if it is already in place, has undrawn capacity, and may be funded immediately without bank approval)

The acceptance of proof of funds documents is made at the sole and absolute discretion of LoopNet.