These disclosures explain how the Larkwood Lenders funding desk in Union City, TN is set up: as a business funding broker that sends requests on to funding partners and makes no credit decisions of its own.
Larkwood Lenders brokers business funding requests and lends nothing itself. Funding partners review requests, make every credit decision and set offer terms. A merchant cash advance is not a loan. Worked examples use invented figures.
Who Lends, and Who Passes the Request Along
In plain terms, Larkwood Lenders brokers requests and lends nothing itself. It does not fund loans, advances or leases, write offers or set rates. Funding partners do all of that under their own criteria, and a request sent through this site can be declined by every partner it reaches.
Why the Merchant Cash Advance Sits Apart From the Other Five Products
A merchant cash advance is not a loan. The provider pays now for a share of card receipts that have not come in yet, then takes its agreed total out of card deposits as they arrive. Its price shows up as a factor rate, not an annual rate, and this site calls the provider a funding source rather than a lender for that reason.
Invented Examples, Census Figures and the Calculator
Each worked example on this site that carries an amount, rate or payment is labeled as an invented illustration and computed from the figures it shows; none is a quote or a rate available through Larkwood Lenders. Figures from County Business Patterns, ZIP Code Business Patterns, Nonemployer Statistics and the American Community Survey name their source, year and area. The calculator gives an estimate from whatever is typed into it.
Credit Checks and the Details You Share
Larkwood Lenders makes no lending decision, on credit or anything else. A funding partner's review can include a credit check and requests for bank statements, tax returns or other records. Details sent through the form reach the office and, for requests sent on, funding partners; the privacy page describes this.
Requests This Site Does Not Pass On
Some requests fall outside the six funding types and are not sent on: buying land or a building, construction loans for a building, personal or consumer loans, and funding for trucking companies, agricultural operations or businesses that have no revenue yet. Contractors and other trades that work on buildings can still ask about equipment, stock or working capital for their own business.
By Larkwood Lenders · Updated