[Chambo]

There is a risk involved on any Deal , that why Lenders are charging the rates they charge and merchants are taking them but as a MCA risk assessment case I would like to say is a medium Low risk.

And Yes , some lenders is will do a partial underwriting and when they get contracts back they will do a full underwriting which will cut down the offers or add additional stipulations . Maybe its the way money is raised or syndicated ...

They do it that way, so as not to waste time UW'ing deals that won't come back. The underwriters are paid whether your deal funds with them or not. Why not maximize the salary and have them only truly working on deals that actually have a chance of funding?