Riverview Business Loans Disclosures: Who Decides a Tarboro, NC Funding Request

Riverview Business Loans is a broker, not a lender. From its Tarboro, NC office it talks a request through, names the funding type that fits the bill and sends the request on to funding partners. Lending, credit decisions and the money itself stay with the partner, which makes any offer under its own name and contract.

A funding partner alone settles whether a request is funded, for how much, at what price and over how many payments. The pages here describe funding types and invented cases; none of them extends credit or says how a particular request will turn out. A partner may want more records, may pull credit, may come back with a smaller figure or may say no.

With a merchant cash advance, a provider buys part of what a business will take in on cards and pays for it up front. It then keeps a set percentage of card receipts until the purchased total is delivered, so collections shrink on slow days and grow on busy ones. A factor quoted by the provider sets the price; there is no interest rate and no fixed due date, and the provider's agreement controls every term.

Local counts on these pages come from Census Bureau programs, each printed with its year: employer establishments from County Business Patterns and ZIP Code Business Patterns, owner-only businesses from Nonemployer Statistics, and self-employment estimates, with margins, from the American Community Survey. The businesses, prices, rates and terms in worked examples are invented, and no example is a quote.

Some requests are not part of this site: a startup with no revenue yet, a real estate purchase, construction or other work on a building or land, and personal or household borrowing. Trucking and agriculture are outside this site as well.