Net Worth vs Working Capital
Merchants is one of the few markets focusing primarily on net worth when establishing surety credit. Accounts that have limited working capital but good net worth, such as heavy equipment contractors or sub trades, could be a good fit for Merchants.
Pooling of Equity
Merchants’ willingness to look at both the business and personal equity to establish surety limits allows us to write accounts “as is” when other markets are requiring accounts to inject personal money into the company.
Merchants does not underwrite using a credit model or inflexible formulas. Our flexibility and willingness to look at each account on its own merits is what Merchants was founded on and allows us to continue to obtain new business.
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