[Kevin Henry-Seacoast]

Kevin,

Does it have to be a certain kind of inventory only or certain amount? Also for M&E does it have to be only big types of equipment? Have client right now has some crazy machine worth 1.4mill wants to use it as collateral and get 500k

Hi Sachip24,

we will always lead with receivables. We can include inventory and/or M&E as an accommodation. We cannot do either as a stand-alone facility. Inventory must be monitored with a perpetual system. It really does not matter what it is, but commodity type products will get lesser advance rates. M&E...we prefer equipment that is bolted to the ground or yellow iron. It will require a recent valuation.

KH