Ferndale Lending in Elizabeth City, North Carolina is a funding broker, not a lender. It refers 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.
Ferndale Lending Is a Funding Broker, Not a Lender
Ferndale Lending does not lend, lease or advance its own money and does not make credit decisions. It takes a business's request by phone or web form, discusses which funding types fit, and refers the request to funding partners that consider that kind of need.
Funding Partners Decide on Every Request
Only the funding 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. Ferndale cannot change a partner's decision and does not promise that any request receives an offer.
A Merchant Cash Advance Is Not a Loan
In a merchant cash advance, a provider buys a share of receipts the business collects in the future. Amounts are collected or remitted, not repaid, and the cost is set by a factor, not an interest rate.
Before You Sign an Offer
- Read the full agreement and keep a signed copy.
- Add up every fee and the total dollars paid or collected.
- Check collateral, personal guarantees and early-payoff terms.
- Ask the partner about anything unclear first.
By Ferndale Lending · Updated