Ferncroft Business Loans, a small-business funding service in Sheboygan, Wisconsin, discloses here that it is a broker, not a lender: lending partners make credit decisions and set rates and terms. The page also covers merchant cash advances, the limits of the calculator and website information, products not offered, and items still under review by counsel.
Our Role
Ferncroft Business Loans is a broker, not a lender. Ferncroft Business Loans connects you with lending partners; partners make credit decisions and set rates and terms. We do not lend, approve or decline requests, or set prices.
Partner Decisions
Every decision on a request, including approval, amount, rate, fees, term and collateral, is made by the lending partner under its own criteria. Information on this site about what partners commonly review is general and does not describe any one partner's standards. Submitting a request does not mean an offer will be made.
Merchant Cash Advances
A merchant cash advance is not a loan. It is a purchase of future receivables, delivered through a holdback or fixed debits. Its cost is stated as a factor, which is not an interest rate or an annual percentage rate.
Calculator and Website Information
The CNC machine loan calculator estimates a monthly payment and a total cost from the figures you enter. Its results are arithmetic, not offers. Census figures on this site are labeled with their program and year; ZIP Code figures describe USPS ZIP areas, not town limits.
What We Do Not Offer
We do not arrange personal, payday, auto title, mortgage or SBA loans, we do not offer grants, and we do not arrange funding for agriculture or trucking.
By Ferncroft Business Loans · Updated