Ridgepoint Credit operates from Owensboro, Kentucky as a small-business funding broker, not a lender. It prepares funding requests and sends them to funding partners, who make all credit decisions and set rates and terms. This page explains that role, how offers work, how merchant cash advances differ from loans and how example figures on the site should be read.
Ridgepoint Credit's role
Plainly put, Ridgepoint Credit is a broker, not a lender, and it never funds a request from its own money. It does not lend money, make credit decisions, or set rates, terms or conditions. The word Credit in its name describes what it helps businesses find.
Ridgepoint Credit connects you with lending partners; partners make credit decisions and set rates and terms.
Partners and offers
Funding partners review each request independently. A partner may make an offer, ask for more information or decline. Ridgepoint does not promise approval, an amount, a rate or a timeline. Any offer is the partner's, on the partner's terms, and is binding only when you accept it in writing.
Merchant cash advances
Despite the word advance, it is not a loan. It is a purchase of future card or bank receipts, collected as a share of receipts or fixed debits until an agreed total is remitted. Its cost is described differently from a loan's, so compare the total amount remitted with other options.
How to read the numbers and worked examples here
Examples on this site are labeled as hypothetical and are for arithmetic only. They are not offers, typical amounts or typical costs. Census figures are cited with their program and year; ZIP figures describe postal areas, not town limits.
Whatever the vehicle calculator shows is arithmetic on your own inputs, never a quote.
Advice Ridgepoint does not give
Ridgepoint does not give legal, tax or accounting advice. Questions about licenses, taxes, zoning or contracts belong with the relevant government office or a qualified professional.
By Ridgepoint Credit · Updated