Keelport Capital in Kingsport, Tennessee is a funding broker, not a lender. It passes business funding requests to funding partners, who review them and make their own decisions on approval and terms. A merchant cash advance is not a loan. Read every offer in full before signing it.
Keelport Capital Is a Funding Broker and Does Not Lend
Keelport Capital does not lend, lease or advance its own money and makes no credit decisions. It takes a business's request by phone or form, discusses which funding types may suit it, and passes the request to funding partners that offer those types.
Funding Partners Make Every Decision
Only the partner decides whether to make an offer, and it sets the amount, price, schedule and security. A partner may decline or offer something different from the request. Keelport cannot change a partner's decision, and no request is assured of an offer.
A Merchant Cash Advance Is Not a Loan
With a merchant cash advance, a provider buys a share of the receipts a business will collect in the future and collects that share from sales. Its price is a factor, not an interest rate. Compare the total the provider collects with the total cost of a loan for the same need.
Before You Sign an Offer
- Read the whole agreement and keep a signed copy.
- Add up every fee and the total dollars paid or collected.
- Check the collateral, any personal guarantee and the prepayment terms.
- Ask the partner about anything unclear before signing.
By Keelport Capital · Updated