What Plumport Credit is
Plumport Credit is a funding broker, not a lender. It does not lend its own money, make credit decisions, or set rates or terms. It passes small-business funding requests from Hamilton, OH and elsewhere to funding partners, who review each request and decide on their own whether to make an offer.
Partner decisions and offers
Approval, pricing, amounts, terms and collateral are set by the funding partner that reviews a request. An offer, if one is made, comes from that partner under its own agreement. No page on plumportcredit.com is an offer of credit or a promise to fund.
Why a merchant cash advance is not a loan
With a merchant cash advance, a funder buys part of a business's future receipts. It is not a loan, and it is collected rather than paid back with interest. Its cost should be compared in total dollars with loan alternatives.
Census figures and invented examples on Plumport's pages
Census figures are cited with their program, geography and year. Worked examples are labeled as invented figures; they show arithmetic only and are not quotes or offers.
Questions about these disclosures
Call (513) 747-2135. Legal and regulatory questions about any agreement belong with your own attorney.
By Plumport Credit · Updated