These disclosures explain the role of Fieldhill Loans, a small-business funding service in Columbus, IN: it matches funding requests from owners in Bartholomew County, IN with funding partners, who review each one and make their own decision. They also cover merchant cash advances, examples and the Census figures used on the site.
Fieldhill's role
Fieldhill Loans is a broker, not a lender. Fieldhill Loans connects you with lending partners; partners make credit decisions and set rates and terms. Fieldhill does not make credit decisions, does not set rates, amounts or terms, and does not fund requests from its own money. Sending Fieldhill a request is no promise that any offer follows.
Partners and offers
Each funding partner reviews requests under its own criteria, which may include a check of the owner's credit. Offers, if any, come from partners and are governed by the partner's agreement. You are not obliged to accept any offer.
Merchant cash advances
Fieldhill treats every merchant cash advance as what it is, a purchase of future receipts and not a loan. The provider collects an agreed total through a share of card or bank receipts. Compare the total dollar cost of an advance with loan alternatives; Fieldhill sets them side by side before an owner chooses.
Examples and figures on this site
Examples on this site use invented, labeled figures to show how a product works. They are not offers and do not indicate typical rates, amounts or terms. Census figures are quoted with their program and year; County Business Patterns and Nonemployer Statistics are separate programs and are never added together. ZIP-code figures describe postal areas, not town limits.
No page on this site gives legal, tax or accounting advice.
Outside Fieldhill's scope
Personal loans, commercial real estate purchase loans, startup funding before revenue, SBA loans, grants, and agriculture or trucking requests.
By Fieldhill Loans · Updated