[FCF Fund]

SIC, revenues, credit profile, location, time in business. That said, those rates are very hard to come by for 12 Months, I'd suggest looking into a term program like Funding Circle who starts in the single digits for 12 months.

Taxi Service
Credit 720
NYC
TIB 23 years

1.15 for unsecured is obviously a great deal, you may not be able to sell it at full commission but something is better than nothing.

You need to manage your clients expectations or your client will manage you. If his tax returns show a loss or a very very small net profit he will more than likely be declined at the bank, leverage this.

Sell it at a 1.2, cost of money is 1.67% a month with early payment discounts and no prepayment penalties. He wont find a better deal elsewhere for unsecured money that wont tie up his fleet of taxis.