Quote Originally Posted by CashAdvanceKing View Post
Merchant does $85k per month and is seeking $75k-$100k. Are there any companies out there offering this with no collateral needed? Client does not have any existing business loans and also has a 700 FICO.
Morning CashadvanceKing,

Being that the client has earnings and a strong guarantor (700 FICO), the remaining issues will be time in business and earnings. Can they afford a payment? If they are showing losses (also considering shareholders salary), they may not be eligible for a loan.

Collateral is not needed for the amount you are requesting, however Debt Service Coverage is.

RG