Crownreach Lending is a broker, not a lender: funding partners review each request, make any offer and set its terms. A merchant cash advance is a purchase of future receipts, not a loan. Worked examples are invented; Census figures carry their source and year.
A Crossville, TN broker that hands requests to funding partners
Crownreach Lending is a broker, not a lender. Money for any accepted offer comes from a funding partner, never from Crownreach Lending, which also buys no receivables and makes no credit decisions. Its work is the conversation about the cost and the hand-off of the request to third-party funding partners.
Every credit decision, price and term belongs to the funding partner
A funding partner reviews a request under its own criteria, which may include bank statements, revenue, time in business and credit. It decides whether to make an offer and sets the amount, rate or factor, fees, term and payment schedule in its own documents. Crownreach Lending cannot approve a request, promise an offer or change one, and sending a request does not oblige the business to accept anything.
What a merchant cash advance provider actually buys
A merchant cash advance provider buys a share of a business's future card or deposit receipts for a fixed amount and collects it as a percentage of those receipts until the amount is reached, so collection runs longer when sales are lower. Because nothing is lent, the provider is a funding source rather than a lender, and the price appears as a factor instead of an annual interest rate.
Cumberland County, TN figures, invented cases and calculator results
Counts of businesses on this site come from Census Bureau programs (County Business Patterns, ZIP Code Business Patterns, Nonemployer Statistics and the American Community Survey), each named with its year. Worked examples use invented amounts, rates and terms to show the arithmetic and are not quotes. The calculator returns estimates from the numbers a visitor types.
Costs that stay outside Crownreach Lending requests
Crownreach Lending does not arrange funding for trucking companies, agricultural operations, businesses that have not opened, real estate purchases, building construction loans or property work such as walk-in cooler boxes, hoods and new wiring. Nothing on this site is legal, tax or accounting advice.
By Crownreach Lending ยท Updated