Lodgehollow Funding Group of New Bern, NC prepares business funding requests and routes them to funding partners who make all credit decisions. This page sets out that relationship, explains that no approval or particular terms are promised, describes merchant cash advances as a non-loan product, and says where your information goes and how to raise a concern.
Our Role
Lodgehollow Funding Group is a broker, not a lender. We do not lend money, purchase receivables or make credit decisions. We help business owners describe a funding need, gather the records a funding partner will want, and send the request to partners who may make an offer. Lodgehollow Funding Group connects you with lending partners; partners make credit decisions and set rates and terms.
Nobody Here Can Promise an Offer
Sending a request, talking with us or giving us documents does not mean any partner will make an offer. Approval, the amount, the rate or factor, the term, collateral and any personal guarantee are set by the partner alone. Read nothing here as an offer of credit or a lending commitment. Figures shown in examples or the calculator are illustrations, not quotes.
Offers Come From the Partner
If a partner makes an offer, the partner's agreement governs it. Read the full agreement, including the total repayment or remittance, every fee, the payment schedule, prepayment terms and any default provisions, before you sign. You are free to decline any offer, and you can ask us to explain an offer before deciding.
Why a Merchant Cash Advance Sits Outside Lending
A merchant cash advance is the purchase of a portion of a business's future receipts. It is not a loan and has no interest rate. The provider collects an agreed share of receipts, or a fixed debit, until a set total has been remitted. Compare that total with the cash received before agreeing.
Our Funding Partners
Requests go to funding partners, which can include lenders, equipment finance companies and merchant cash advance providers. Which partner sees your request depends on the purpose, the structure and your business's profile.
Where Your Information Goes
Information you give us is used to prepare your request and is shared with funding partners only to seek an offer for you. The privacy policy linked in the footer describes what we collect, who receives it and the choices you have.
Calls and Text Messages
If you give us your phone number, we may call or text you about your request. Message and data rates may apply. Reply STOP to stop texts at any time and HELP for help. The SMS terms linked in the footer have the details.
Questions or Concerns
If something about your request or an offer does not seem right, call us at (252) 318-5365. Our address and the short form are on the contact page.
By Lodgehollow Funding Group · Updated