Silverport Capital in Wenatchee, Washington is a funding broker, not a lender. It forwards 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 every offer in full before signing.
Silverport Capital Is a Funding Broker, Not a Lender
Silverport 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 fit, and forwards the request to funding partners that consider that kind of need.
Funding Partners Make Every Credit Decision
Only the funding partner decides whether to make an offer, and sets its amount, price and terms. A partner may decline or offer something other than what was asked. Silverport Capital cannot change a partner's decision and makes no promise that any request will receive an offer.
A Merchant Cash Advance Is Not a Loan
In a merchant cash advance, a provider buys a share of receipts the business will collect in the future. Amounts are collected or remitted from sales, and the cost is set by a factor, not an interest rate. Set the total to be collected beside the total cost of a loan for the same need.
Before Signing an Offer
- Read the entire agreement and keep a signed copy.
- Add up every fee and the total dollars paid or collected.
- Check collateral, personal guarantees and prepayment terms.
- Ask the partner about anything unclear before signing.
By Silverport Capital ยท Updated