Skyleaf Credit's Role, Its Funding Partners and the Figures on These Pages

Skyleaf Credit is a broker and not a lender. Its part is taking a business funding request by phone or through the form, agreeing on a funding type with the owner and handing the request to funding partners. Lending the money, deciding on credit, writing offers and collecting payments are all done by others.

A funding partner reviews each request under its own criteria and may check credit. If it makes an offer, the offer sets out the amount, the rate or factor, fees, the term, any collateral and any personal guarantee. A request may end without an offer, and an owner who receives one can accept, question or decline it.

With a merchant cash advance, a provider pays a lump sum now in exchange for a set amount of the business's future card receipts, collected as an agreed share of each day's sales. It is not a loan. Its cost is stated as a factor rather than an annual rate, and the provider, not Skyleaf Credit, sets the factor and the share collected.

Worked examples are labeled invented and use made-up amounts, rates and terms; they are not quotes and do not describe typical offers. The calculator returns level-payment estimates from the numbers typed into it. Census figures name their program, year and area: County Business Patterns and Nonemployer Statistics for Plymouth County, MA, ZIP Code Business Patterns for ZIP 02301 and the American Community Survey for Brockton, MA.

Personal and household loans, real estate purchases, building construction loans, startups without revenue and work on a building itself are outside this site. Trucking and agriculture are not part of it either. Contractors and other operating businesses can request funding for equipment, stock, payroll timing and repairs.