Mintmead Funding, a small-business funding service in Louisville, Kentucky, discloses its role here: it matches requests with funding partners, who review them and make their own decisions. The page covers merchant cash advances, how request information is shared and what to check before accepting an offer.
Mintmead's role in a request
Mintmead Funding connects you with lending partners; partners make credit decisions and set rates and terms. Mintmead Funding is a broker, not a lender: it does not make loans or advances, approve requests or set any rate, fee or term.
No page of mintmeadfunding.com offers credit or commits anyone to lend. Figures in examples are invented to show the arithmetic.
Each partner decides for itself
Each funding partner runs a review of its own. A partner may decline, offer a different amount or structure, or ask for more records. Mintmead cannot change a partner's decision and makes no promise of approval, amount, cost or timing.
A merchant cash advance is a purchase, not a loan
A merchant cash advance is a purchase of future receivables. It is priced with a factor rate rather than an interest rate, and the funder collects a share of receipts until the purchased amount is remitted.
Where your request information goes
To place a request, Mintmead shares the information you give with funding partners that may consider it. Partners may pull credit or ask for records under their own terms. The privacy policy explains what is collected and shared.
Before you accept any offer
- The total amount to be paid or remitted, including every fee
- How much each payment is, and whether it is daily, weekly or monthly
- What secures the funding and whether a personal guarantee is required
- Any charge for paying early, and what default allows the partner to do
- For an advance: the specified percentage, how collections are made and how reconciliation works
Questions about these disclosures
Call (502) 280-3487. The general sequence of a request is on the how it works page.
By Mintmead Funding · Updated