Mintreach Finance, a small-business funding service in Albany, Oregon, sets out its role here: it passes funding requests to partners and does not fund them with its own money. Partners review requests and decide on them by their own standards. The page also covers merchant cash advances, what is shared with partners and the points to check in an offer.
Mintreach Finance Is a Funding Broker
Mintreach Finance is a broker and not a lender. It does not lend, advance or lease with its own funds and does not make credit decisions. It takes a business's funding request by phone or web form, discusses which funding options suit it, and passes it to funding partners that consider that kind of request.
Credit Decisions Belong to the Funding Partner
Approval, amount, cost and terms are decided by the funding partner alone. A partner may decline or offer something other than what was asked for. Mintreach cannot change a partner's decision, and no request is assured of an offer.
A Merchant Cash Advance Is Not a Loan
In a merchant cash advance, a provider buys part of the receipts a business has yet to take in. The business remits a share of its sales until the agreed total is collected, and the cost is set by a factor rather than an interest rate. Compare the total to be remitted with the total paid on any loan offer for the same purpose.
What Is Shared With Funding Partners
To match a request, Mintreach shares what you provide (name, phone, email, company name, time in business, annual revenue range, requested amount range, and what you say about the purpose) with the funding partners that may review it. The privacy policy, linked in the footer, has the detail.
Points to Check Before Accepting Any Offer
- The amount that reaches your account after fees
- The total to be repaid, or remitted for an advance, in dollars
- How often payments are taken: daily, weekly or monthly
- Collateral, liens and personal guarantees
- Charges for early payoff, late payment or renewal
- The funding partner's name and contact details
Questions About This Page
Call (458) 204-0109.
By Mintreach Finance · Updated