Mintmead Funding, a small-business funding service based in Louisville, Kentucky, matches requests for working capital, term loans, lines of credit, inventory and equipment financing and merchant cash advances with funding partners, who review them and make their own decisions. This page covers what Mintmead arranges and what partners read.
What Mintmead Funding does
Mintmead starts from the bill. An owner may know what the oven line costs, or that wages fall due before a contract draw pays; our job is to turn that into a request a funding partner can read, pointed at the structure that fits, and to help you compare what comes back. Partners review, decide and set terms; their offers reach you in writing. The request steps show the order of events.
Mintmead does not arrange personal loans, mortgages, auto title or payday loans, startup loans, SBA loans or grants, and does not arrange funding for trucking.
What the Census Geocoder Says About Mintmead's Louisville, KY Address
Mintmead Funding is listed at 4122 Shelbyville Rd, Louisville, KY 40207, an address the U.S. Census geocoder places inside the city of St. Matthews, KY in Jefferson County. A request can start with a call to (502) 280-3487 or with the online form on this site. Contact details are on the contact page, and county Census figures, with a section on St. Matthews, KY, are on the Louisville, KY data page.
What do lenders look for on a credit report?
A partner reading a credit report looks at payment history, current balances against limits, recent inquiries and any collections, liens or judgments. For a business, it may pull a business credit report as well as the personal reports of the owners. Clearing up errors before a request is worth the effort; a disputed item explained in writing reads better than one discovered in review.
What is a business loan maturity date called?
It is the maturity date: the day the last payment is due and the loan ends. On a line of credit it is the day the line ends unless renewed. Offers may also call it the termination date or final payment date. It sits in the offer's payment terms.
How does a small business line of credit work? Notes for Jefferson County, KY businesses
A line is a limit you draw against and pay down, with interest on the drawn balance. It suits costs that come and go. The line of credit page covers borrowing bases and renewals.
What is a business loan maturity date calculator? What Louisville, KY owners should check
A maturity date calculator counts forward from the first payment date by the number of payments in the term. Illustration only, invented dates: a 36-month loan with its first payment on March 1 matures on the date of the 36th payment, February 1 three years later. Check the offer's schedule rather than relying on a calculator, because weekly or daily schedules count differently.
What do banks look for when applying for a small business loan? A short answer for Louisville, KY
Banks and other partners read the same core records: bank statements, tax returns, time in business, revenue, existing debts, credit history and, where it applies, collateral. What differs is how each one weighs them, which is why one request may be answered differently by two partners.
How does a business line of credit work at a bank? How it plays out in Louisville, KY
At a bank, a line is set up with an annual review: the bank reads fresh statements and tax returns and decides whether to renew, resize or close the line. Non-bank partners may review on a different cycle. Either way, ask at the start when the line is reviewed and what records the review needs.
By Mintmead Funding · Updated