[Karen37a]

"BUT question - in the case of a hurricane and a Business needed capital before to purchase EMERGENCY supplies to ensure the safety/security of the business location, inventory, etc. shouldn't that be a consideration?"

In a word: No.

Anything could happen to that particular business. Will the business survive to repay? Will they have the same cash flow as before to support the draws?
Will they just take the cash infusion and once they realize the damage, just not reopen? Etc.

The underwriter's responsibility is to the funder not the merchant. Though this wouldn't even be an option for an underwriter anyway.

Should there be a charitable alternative set up prior to natural disasters? Maybe so. But these are business people, not consumers.
In this case, they have had adequate time to prep, plan and protect their business assets. If they have failed to do so, or are unable
to do so, all the more reason not to fund in the face of an impending catastrophe.

this

Underwriters have fiduciary reponsibility to the lender and the money


If you take someones money as an investment ( venture capital) you have to give it back or jail sometimes which means making responsible funding decisions