Cheddar Capital uses one application process to match businesses with several types of financing from its lender network. This approach lets borrowers review qualifying offers for different capital needs, including cash flow, equipment, receivables, and expansion.
This provides a point of contact during the financing process alongside access to the company's network of lenders and funding sources.
Cheddar Capital says applicants can check financing options without an application fee or an obligation to accept an offer. Its FAQ states that the company receives a lender-paid fee when a transaction successfully closes.
Borrowers review the loan amount, interest rate, term, and payment breakdown before selecting an offer. Financing offers depend on underwriting and credit approval, so the terms presented to a borrower relate to the qualifying financing transaction.
Cheddar Capital matches businesses with funding from a network of lenders and other capital providers. Its published services include working capital, term loans, revolving lines of credit, equipment financing, bridge loans, and accounts receivable funding.
The company also offers arrangements for larger transactions from $1 million to $20 million. Borrowers submit basic business information and review the amount, rate, term, and payment breakdown of qualifying offers before completing final verification.
