Northwick Business Capital in Lenoir, North Carolina is a funding broker, not a lender. It passes funding requests to partners that review them and make their own decisions on approval and terms. A merchant cash advance is not a loan. Read any offer in full before signing.
Northwick Business Capital Is a Funding Broker, Not a Lender
Northwick Business Capital does not lend, lease or advance its own money and makes no credit decisions. It takes a business's request by phone or web form, discusses which funding types fit, and passes the request to funding partners that consider that kind of need.
Partners Make Every Funding Decision
The funding partner alone decides whether to make an offer and sets its amount, price and terms. A partner may decline or offer something different from what was requested. Northwick cannot change a partner's decision and does not promise that any request leads to an offer.
A Merchant Cash Advance Is a Purchase of Receivables
With a merchant cash advance, a provider buys a share of the receipts a business collects in the future. Amounts are collected or remitted, not repaid, and the price is set by a factor rate, not an interest rate.
Before Signing Any Offer
- Read the whole agreement and keep a signed copy.
- Total every fee and every dollar to be paid or collected.
- Check collateral, personal guarantees and early payoff terms.
- Ask the partner about anything unclear before signing.
By Northwick Business Capital · Updated