Maplepoint Funding Group, a small-business funding service in Muskegon, Michigan, sets out its role here: it matches funding requests with partners and does not fund them itself. Partners review requests and reach their own decisions. The page also covers merchant cash advances, information sharing and what to check in any offer before you sign.
Maplepoint Funding Group acts as a funding broker
Maplepoint Funding Group is a broker, not a lender. It does not advance loans, leases or cash advances from its own funds and does not make credit decisions. It takes a business's request by phone or online form, discusses which products fit, and passes the request to funding partners that consider that kind of request.
The funding partner makes every credit decision
Whether a request is accepted, for how much, at what cost and on what terms is for the funding partner alone to decide. A partner may decline, or offer something different from what was asked. Maplepoint cannot change a partner's decision and makes no promise that a request will lead to an offer.
Merchant cash advances are not loans
A merchant cash advance provider buys a share of receipts the business has not yet taken in. Amounts are remitted from sales rather than repaid, and the cost is set by a factor rather than an interest rate. Set the total to be remitted beside the total payable on any loan offered for the same need.
Details passed to funding partners
To match a request, Maplepoint shares what you provide (name, phone, email, company name, time in business, annual revenue range, requested amount range, and anything you say about the purpose) with funding partners that may review it. The privacy policy, linked in the footer, explains this in full.
Points to check in any offer
- The amount paid to you after fees come out
- The total payable or remittable, in dollars
- How often payments or collections happen
- Any lien, collateral pledge or personal guarantee
- Charges for paying early, paying late or renewing
- The funding partner's name and contact details
Questions about this page
Call (231) 321-5041.
By Maplepoint Funding Group · Updated