Ledgewater Lending is a funding broker, not a lender. Funding partners set rates and terms and decide on offers. A merchant cash advance is not a loan. Examples use invented figures, and some business types are outside the site.
Where Ledgewater Lending sits: a Cumberland, MD funding broker rather than a lender
Ledgewater Lending is a funding broker based in Cumberland, MD. It is not a lender: it makes no credit decisions and funds no request with its own money. At an owner's request, it passes the business's funding request to funding partners.
Rates, terms and approvals belong to each funding partner
Each funding partner reviews a request under its own rules and decides whether to make an offer. Rates, fees, terms, collateral and approval are set by that partner, and nothing on this site is an offer of credit or a commitment to lend. A funding partner may check credit during its review; filling in the request form is not itself an application for credit.
Card-sales advances on this site are purchases, not loans
A merchant cash advance is not a loan. A provider buys a share of a business's future card or bank sales for a price, then collects that share until the agreed total has been collected. Its cost is stated as a factor rate rather than an interest rate, and the provider, not Ledgewater Lending, sets it.
Where the Allegany County, MD numbers come from, and which examples are invented
Census figures on this site come from public programs such as County Business Patterns and Nonemployer Statistics, with the program and year named beside each figure. Payment examples are labeled as invented figures: they show how the math works and are not quotes, rates on offer or predictions of any partner's terms.
Businesses and costs outside this site
Ledgewater Lending does not arrange funding for trucking companies or freight hauling, agricultural operations, startups without sales, real estate purchases or building construction loans. Contractors, home builders among them, are not excluded: their equipment, crew payroll and work vehicles can be the subject of a request.
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