Firspring Capital, a small-business funding broker in Sioux City, Iowa, is a broker, not a lender. Its role is to pass business funding requests to lending partners; only those partners say yes or no and fix rates and terms. Approval, amounts, rates and timing are outside its control, and a merchant cash advance is not a loan.
Broker, not lender
Firspring Capital is a broker, not a lender. We do not make loans, buy receivables, or fund any request with our own money. Firspring Capital connects you with lending partners; partners make credit decisions and set rates and terms.
Who decides
Every credit decision, rate, factor, fee, term, collateral requirement and condition comes from the partner. We cannot change a partner's decision or its terms.
What we cannot promise
- A yes from any partner.
- A particular amount, rate, factor or term.
- How long a partner will take to decide or to fund.
- That an offer will be the cheapest available anywhere.
Merchant cash advances
A merchant cash advance is not a loan. It is the purchase of a portion of future receipts, collected through remittances. Its terms are set by the funder.
Your information
Once you agree, the details you gave are shared with lending partners for their review. See the privacy policy.
No advice
Pages on firspringcapital.com describe business funding in general terms. For legal, tax or accounting questions about your own business, talk to your own advisor.
Contact
Firspring Capital, 1916 Pierce St, Sioux City, IA 51104. Phone (712) 206-3202.
By Firspring Capital · Updated