Thank you all for your support and engagement. As further explanation and justification for the request is warranted, please see the update to the original forum post here.
We have identified $10mm in initial SME assets for Pool 1. These receivables are backed by ERC tax credits payable by the IRS. The IRS typically remits payments in 6-8 months, but can take up to 10 months in some cases. In order to avoid an unfunded liability, we are requesting a 1-year loan commitment.