Lakebridge Finance is a business funding broker in Livonia, MI, not a lender. These disclosures set out its role, who decides on a request, how the merchant cash advance differs from the loans, and the sources behind the numbers on these pages.
Lakebridge Finance carries requests to funding partners and lends nothing itself; each partner decides and sets its own terms. Census figures carry their source and year, and payment examples are invented.
Lakebridge Finance arranges introductions; outside partners do the lending
Lakebridge Finance takes a business funding request to outside funding partners and is not a lender itself. It does not lend money, hold deposits or service loans. Once a partner makes an offer, the business deals with that partner directly.
Each partner prices, approves or declines on its own terms
Every credit decision belongs to the funding partner. A partner may check credit, ask for documents, set its own rate, fees, term and collateral, or decline. Sending a request through this site carries no assurance of an offer, and any offer that does come can be turned down.
A merchant cash advance sells part of future card sales
A merchant cash advance is not a loan. A provider buys a share of a business's future card sales at a discount and collects that share from each day of sales until the agreed total has been collected. The total is fixed when the agreement is signed, so collecting it sooner does not lower it.
Public statistics and made-up examples on Lakebridge Finance pages
Business counts on this site come from U.S. Census Bureau programs (County Business Patterns, ZIP Code Business Patterns, Nonemployer Statistics and the American Community Survey), each named with its year. Payment examples are labeled as invented: their amounts, rates and terms describe no real offer and no real business.
What a payment worked out on this site can and cannot predict
The calculators work out level payments from the amount, rate and term typed in. A partner's actual offer may differ in rate, fees, payment schedule and total, so a calculator result is a planning estimate only.
Asking about these disclosures by phone
Questions about these disclosures go to (734) 704-6913.
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