[Michael I]

Ha! Yep, I bet that is how Dealstruck, Can Capital did their underwriting. And we can see how it worked out for them, can't we? I'll bet they (and you) never looked at a P&L or Balance Sheet.

We look first at the P&L to determine true net income. Then we look at what the monthly payment would be for their desired level of funding. If they cannot afford the payment, it is a decline. That part takes ten minutes. If the client meets that threshold, it is all the work behind that which takes the time. Funders who do not do their homework go out of business.

Not at all, they did zero underwriting after and that is why it worked out that way .

look at sfs, bfs, swift ,rapid advance they all get back with a prequel quick and then you go to hell and back with stips after you get signed docs.