Millfield Business Capital is a business funding broker, not a lender. Funding partners decide each request and set any terms. Local figures come from Census Bureau programs, shown with their year; worked examples use invented figures.
A broker that passes requests on and lends nothing itself
Millfield Business Capital is a business funding broker in Fort Morgan, CO. It talks requests through with business owners and passes them to funding partners. It is not a lender: it does not lend money, make credit decisions, or hold or move funds for a business. A partner that makes an offer does so under its own name and its own agreement.
Offers, rates and approvals come from partners alone
Whether a request receives an offer, for how much, at what rate and on what terms is for the funding partner to decide. Nothing on this site is an offer of credit or a promise that any request will be funded. A partner may check credit, ask for records, offer less than the amount requested, or decline.
What a merchant cash advance buys
A merchant cash advance is not a loan. A provider pays a lump sum now for an agreed share of the business's future card sales and collects that share as a daily or weekly holdback until the purchased amount is reached. The provider sets the factor and every other term.
Where the local numbers and worked cases come from
Local figures come from U.S. Census Bureau programs, named with their year beside each number: County Business Patterns and ZIP Code Business Patterns (employer establishments), Nonemployer Statistics (businesses with no paid employees) and the American Community Survey (estimates shown with their margins of error). County figures describe Morgan County, CO; a ZIP figure describes the ZIP named beside it. Payment examples marked as invented use made-up amounts and rates to show the arithmetic and are not quotes.
Funding this site leaves out
Trucking companies and agriculture are outside this site, as are real estate purchases, building construction loans, work on buildings or land, startups without revenue, and personal or consumer loans.
By Millfield Business Capital · Updated