Merchant has 2 loans out both equaling less the 50% of what they would qualify for. 2 NSFs and 4 Item return fees total in the past 90 days. Daily avg bank leg. is 13k even with both loans pulling a total of over 1k a day. Deposits 150k monthly. Tax return is 2MM in 2013. Good credit.

Disclaimer: Merchant does not want to put up any collateral. WBL