Alternatives to full security deposit

[John R Bongiovanni]

Does anybody have recommendations on the various alternatives to requiring a full security deposit?

I know there is surety bond process and there a a few companies that appear to offer a service (Like Rhino)

Furnished Finder has a new feature called Worry Free Waivers but when I tried  to better understand their process, it was clear they have not done a good job of vetting this out.  They have outsourced the entire process to WAIMO which appears sketchy. 

Full security deposit for a three month MTR is causing me to lose business and I need an alternative!

[Calvin Thomas]

Quote from @JD Martin:

Options - collect full payment for the 3 months up front and lower the deposit to secure against damages only, require insurance. Let them pay the deposit with a credit card. Collect first two months rent up front and deposit on next month. 

None really reduce the amount of money they have to come up with, but if they are broke as a joke do you really want them as your tenants?

 Can't do this in many locations. In NY, NJ, CT, PA, MA the security deposit is regulated, as well as how much you can collect at lease signing.  I'd assume CA and WA would be similar.