Lakeshire Business Funding, a small-business funding broker in Duluth, Minnesota, is a broker, not a lender. It introduces business funding requests to lending partners, which decide whether to fund and set all rates and terms. Approval, amounts and timing are never promised, and a merchant cash advance is not a loan.
Lakeshire Business Funding is a broker, not a lender
Lakeshire Business Funding does not lend money, buy receivables or make credit decisions. Lakeshire Business Funding connects you with lending partners; partners make credit decisions and set rates and terms.
No result is promised
Lakeshire cannot promise that any partner will approve a request, or promise an amount, a rate, a term or a funding date. Each partner reviews requests under its own criteria, which can change.
Rates, fees and terms come from the partner
Interest rates, factor rates, fees, payment schedules, collateral and guarantee requirements are set by the lending partner in its own agreement with your business. Read that agreement in full before you sign it, and ask the partner about anything unclear.
A merchant cash advance is not a loan
A merchant cash advance is a purchase of a business's future receivables. It is priced with a factor rate and collected through a holdback or fixed debits until an agreed total has been remitted.
Our lending partners
Lakeshire works with lenders and funders that offer business funding. We do not represent any one partner, and a request goes only to partners that offer the type of funding discussed with you.
Your information
Information you submit is used to contact you about your request and, with your permission, shared with lending partners. The privacy policy explains this in detail.
Phone calls, text messages and your consent
We contact you by phone, email or text only as you have agreed. Reply STOP to any text to opt out. Details sit in the SMS terms.
Questions or complaints
Complaints and questions can go to (218) 353-6774 or by mail to 424 W Superior St, Duluth, MN 55802.
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