In short
Fernharbor Capital in Winona, Minnesota is a funding broker, not a lender.
Fernharbor Capital Is a Funding Broker, Not a Lender
Fernharbor Capital is a small-business funding broker. It is not a lender and does not make credit decisions. It sends funding requests to funding partners, and each partner reviews a request and decides approval, amount, rates and terms.
Sending a Request Promises No Approval
A request is not a promise of approval or of any amount, rate or term.
Merchant Cash Advances Are Not Loans
A merchant cash advance is not a loan. It is a purchase of part of a business’s future receipts, collected from those receipts.
Calculator Results and Worked Examples
Calculator results and labeled examples on this site are illustrative arithmetic only, not offers or quotes.
By Fernharbor Capital · Updated