Elmwater Capital, based in Midland, Michigan, sets out here how its role and its partners' decisions work, how merchant cash advances differ from loans, and how the Census figures on this site should be read. Every credit decision, rate and term comes from a funding partner.
Elmwater Capital's Role as a Funding Broker in Midland, MI
Elmwater Capital is a funding broker, not a lender. It does not lend money and does not make credit decisions. It matches business funding requests with funding partners, who review each request and decide whether to make an offer and on what terms.
Partner Decisions, Rates and Terms
Submitting a request does not guarantee approval, an amount, a rate or a timeline. Each partner sets its own criteria, rates, fees and terms. Read every offer in full and compare total cost before signing.
Merchant Cash Advances Are Not Loans
A merchant cash advance is a purchase of a portion of future receipts. It is not a loan. Amounts are remitted from sales until the agreed total is collected.
Census Figures and Worked Examples on This Site
Figures attributed to the U.S. Census Bureau describe Midland County, MI or a ZIP Code as labeled, for the year stated. They do not describe any single business. Worked examples use invented figures and are labeled as such; they are not offers or estimates of terms.
By Elmwater Capital · Updated