[MCNetwork]

At Kalamata Capital, we don't pull any credit until the merchant has accepted our offer and signed the contract.

Up until that point, the offer is underwritten based off the number reported to us.

It's not a perfect process, but we prefer not to damage anyone's credit if there isn't mutual interest in the deal.

That's a good idea because it prevents trigger leads from reaching competitors. All too often, my underwriter pulls credit on an "exclusive" lead and then within 24 hours, several cash advance companies are pitching the merchant like sharks attracted to blood in the water. By delaying the credit pull, you give yourself a good head start to get the merchant firmly committed to your company.