Cedarmark Advances, a small-business funding service in Anderson, IN, discloses here that it matches requests with funding partners, that partners alone approve and price funding, that a merchant cash advance is not a loan, and that no approval, amount, rate or timing is promised on this site.
Cedarmark's Role
Cedarmark Advances connects you with lending partners; partners make credit decisions and set rates and terms.
Cedarmark Advances is a broker, not a lender. It does not make loans, issue credit, buy receivables, approve or decline requests, or decide the amount, price, collateral or schedule of any financing. Those decisions belong to the funding partner that reviews your request.
No Promises on Outcomes
No page on this site offers credit or commits anyone to lend. Cedarmark does not promise that a request will be approved, that a particular amount or rate will be available, or that a decision will arrive within any period. Examples on this site use invented figures to explain arithmetic and are labeled as illustrations.
Merchant Cash Advances
A merchant cash advance is not a loan. It is a purchase by a funder of a portion of a business's future card or bank receipts at a discount. The total the funder will collect, the remittance method and the holdback or fixed remittance are set in the contract. Factor rates are not interest rates, and the cost of an advance cannot be compared with a loan's rate without converting it.
Offers Come From Partners
Any offer you receive comes from the funding partner, in its own name and on its own documents. Read the full agreement, including the total repayment, payment frequency, fees charged by the partner, prepayment terms and any personal-guarantee clauses, before you sign. You may decline any offer.
Your Information
When you ask Cedarmark to send a request, the details you provide are shared with funding partners for that purpose. How information is collected, used and shared is described in the privacy policy linked in the footer.
State-Specific Notices
Whether added notices apply to commercial financing arranged through a third party can depend on the state; confirm with each office. Any notice that applies to Cedarmark will be published in this section.