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08-12-2016, 11:25 AM #14
I think the reason your client is requesting a LOC is because these merchants are getting calls daily from MCA brokers lying to them saying "Our program is better than a cash advance, it's a line of credit" just to get their app in.
Either your client needs money now, or he doesn't. If he doesn't need to take money now and just wants an open LOC, how is that going to benefit you now anyway?
On Deck usually has a small LOC option on the bottom of their approvals.Last edited by ridextreme; 08-12-2016 at 11:28 AM.
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