Capital Loan Direct Deposit with No Business Account?

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Tourist
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Hello,

 

I was approved for a Capital Loan, but it was sent back by my bank because it was made out to my store name  and i have a personal account which only accepts deposits to my name.

 

Does anyone know how you can accept a loan without having to  go through all the filing of your business in order to open business account to accept deposits under the store name?

 

I know you can file "DBA" which still cost $70 or so and a wait period before that is approved. I heard pay pal may work, but i am not sure as the funds are ACH direct deposited.

 

Any help would be appreciated. 

 

Thank you,

Anthony 

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