These disclosures explain what Windmead Financial in Charleston, IL is: a broker that passes business funding requests to independent funding partners. It is not a lender, it makes no credit decisions, and it does not set the terms of any offer.
Windmead Financial is a broker, not a lender: funding partners review requests, decide and set every term. A request carries no assurance of an offer. A merchant cash advance is not a loan. Worked cases are invented, and some uses are outside this site.
Windmead Financial passes requests on; funding partners make the credit decisions
Windmead Financial is a broker, not a lender. It takes a business funding request by phone or through the request form, works out the purpose and the amount with the owner, and passes the request to one or more independent funding partners. Each partner reviews it under its own standards and reaches its own decision.
Sending a request does not mean an offer will follow
A call or a sent form is no guarantee of approval, an offer, an amount or a date. A partner may decline, ask for more information first, or offer different terms from the ones requested, and an owner may turn down any offer.
Each funding partner sets its own rate, fees and conditions
Rates, fees, terms, collateral, guarantees and payment schedules come from the funding partner and appear in its offer and agreement; Windmead Financial does not set them. An owner can read the whole agreement, ask the partner about any charge and compare the total cost of more than one offer before signing.
A merchant cash advance buys a share of future card receipts
A merchant cash advance is not a loan. The provider buys a share of a business's future card or bank receipts for a lump sum and collects that purchased amount as a percentage of the receipts until all of it is in. The factor that sets the cost comes from the provider.
Invented figures in worked cases and calculator results
Worked cases on these pages are labeled as invented and are there only to show how the arithmetic runs. The calculators on this site compute from whatever figures are entered. Neither is an offer, a rate quote or a sign of what a partner may approve. County and ZIP figures come from U.S. Census Bureau programs and carry their source and year.
Uses and trades outside this site
This site does not arrange funding for real estate purchases, building construction loans, trucking companies or agriculture, or for startups with no revenue yet. Structural changes, plumbing and wiring in a building are property work outside this site too.
Where request details and text messages are covered
What happens to the details on the request form is set out in the privacy policy, and text messages about a request follow the SMS terms. Questions about this page can go to (217) 335-6680.
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