Sableport Capital Group in DeLand, Florida is a funding broker, not a lender. It passes business funding requests to funding partners, which 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.
Sableport Capital Group Is a Funding Broker, Not a Lender
Sableport Capital Group 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 products fit, and passes the request to funding partners that consider that kind of request.
Funding Partners Decide on Approval, Amount and Price
Only the reviewing partner decides whether to make an offer and sets its amount, price and terms. A partner may decline, or offer something different from the request. Sableport cannot change a partner's decision, and no request is assured of an offer.
A Merchant Cash Advance Is a Purchase of Receipts, Not a Loan
In a merchant cash advance a provider buys a share of the card receipts a business collects later. Amounts are remitted or collected as receipts come in, and the cost is set by a factor, not an interest rate. Set the total to be remitted beside the total cost of a loan or line for the same need.
What to Check Before Signing an Offer
- Read the whole agreement and keep a signed copy.
- Add every fee to the payments and write down the total paid or remitted.
- Find the collateral, any personal guarantee and any early-payoff charge.
- Take unclear clauses to the partner, and to your own lawyer, before signing.
By Sableport Capital Group · Updated