Mossrock Financial, a small-business funding service in Aiken, South Carolina, sets out its role here: it matches funding requests with partners and does not fund them itself. Each partner reviews a request on its own terms and decides. The page also explains merchant cash advances, what details are passed on, and what to check before signing an offer.
Mossrock Financial is a funding broker
Mossrock Financial is a broker, not a lender. It does not fund loans, advances or leases with its own money and does not make credit decisions. It takes a business's funding request by phone or online form, discusses which funding types fit, and passes the request to funding partners that consider that kind of request.
Credit decisions belong to the funding partner
Only the funding partner decides whether to make an offer and sets its amount, cost and terms. A partner may decline or offer something different from what was requested. Mossrock cannot change a partner's decision and does not promise that any request will receive an offer.
A merchant cash advance is not a loan
In a merchant cash advance, a provider purchases a share of receipts the business will collect in the future. Amounts are remitted rather than repaid, and the cost is set by a factor rather than an interest rate. Compare the total to be remitted with the total repaid on any loan offer for the same need.
Information passed to funding partners
To match a request, Mossrock shares the details you provide (name, phone, email, company name, time in business, annual revenue range, requested amount range, and what you say about the purpose) with the funding partners that may review it. The privacy policy, linked in the footer, has the detail.
Before you accept an offer
- The amount you receive after any fees are deducted
- Every dollar you will repay or remit, added up
- How often payments are taken, and on which days
- Each clause on collateral, liens or a personal guarantee
- Fees for paying early, paying late or renewing
- The funding partner's legal name and contact details
Questions about these disclosures
Call (803) 265-2505.
By Mossrock Financial · Updated