Slatemont Capital Group, a small-business funding broker in Bismarck, North Dakota, is a broker, not a lender. It does not make credit decisions, set rates or terms, or promise approval, amounts or timing. Lending partners and funders decide. A merchant cash advance is not a loan. Counsel-reviewed disclosure text is pending.
The broker role
Slatemont Capital Group is a broker, not a lender. It introduces businesses to lending partners and funders. Those partners review each request under their own criteria, make the credit decision, and set any rate, term, fee, collateral or guarantee requirement.
No one at Slatemont Capital Group can approve or decline a request, change a partner's terms, or promise an amount, a rate or a date.
Merchant cash advances
A merchant cash advance is not a loan. It is a purchase of future receipts, collected by holdback or fixed debit until the purchased amount is remitted. Its cost is the total remitted minus the amount advanced.
Requests outside Slatemont's scope
Personal, consumer, payday, auto title and mortgage loans; SBA-backed loans; grants; and funding for agriculture or trucking businesses.
Formal disclosures
A formal disclosure statement for Slatemont Capital Group is being prepared and will be published in this section.
By Slatemont Capital Group · Updated