The role Heathridge Capital in Port Orange, Florida plays, the funding it leaves alone, and how the site's figures are built.
Heathridge Capital Passes Requests On; Funding Partners Lend and Decide
Heathridge Capital does not lend money, approve or decline requests, or set rates, fees, terms or payment schedules. It describes the funding types on this site, helps a business owner state the purpose and amount of a request, and passes the request to independent funding partners. Every funding decision is made by the partner doing the review, and no owner has to accept an offer.
Merchant Cash Advances: Card Receipts Bought at a Discount, Not Loans
Under a merchant cash advance, a provider pays a business a sum now in exchange for a share of its future card or receivable sales, then takes an agreed total out of those sales as they come in. It is not a loan, and its cost is stated as a factor or a total to be collected rather than as an interest rate.
Personal, Mortgage, Grant, Trucking and Agriculture Funding: Not Arranged
Heathridge Capital leaves several kinds of money alone: mortgages, grants, auto title loans, payday loans and personal loans of any kind. Trucking companies and agricultural operations get no funding through it.
Invented Examples, Census Figures and the Equipment Payment Calculator
Worked examples on this site are labeled as illustrations with invented figures, and the equipment loan calculator does arithmetic on the numbers typed into it. Neither one is an offer or a quote, and neither shows what a funding partner charges. Census Bureau figures name their program and year, and ZIP figures are labeled as ZIP figures, not city figures.
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