Requests go from Marbleland Advances to funding partners, and terms are theirs to set.
Six funding types, each matched to a cost: a credit line for supply orders, equipment financing for chairs, a merchant cash advance collected from card sales, secured or unsecured loans for an accounting firm, a side-by-side table for a salon and a term loan for a law office computer refresh.
A business line of credit, explained with a Punta Gorda, FL physician office's supply orders
Think of a business line of credit as a reserve the practice taps one invoice at a time. A partner fixes a ceiling, the office pulls what an order costs, and paying it back restores the room to pull again. Interest is charged on what has been pulled, not on the whole ceiling.
Illustration only, invented figures: a Punta Gorda physician office has a $32,500 line and pulls $6,385 for exam-room supplies, gloves, specimen kits and printer stock for the front desk. It clears the balance 33 days later, once insurer payments for the month land. At 12.6% a year, those 33 days cost roughly $72.74.
The same reserve can carry a dental office through its monthly lab bill for crowns and impression materials. More on draws, renewals and limits is on the line of credit page.
When equipment financing counts as a loan: a Punta Gorda, FL salon's styling chairs
Equipment financing counts as a loan when the salon owns the chairs from the start and pays installments to the funding source, which holds a lien on them until the last one is paid. A lease is different: the salon pays to use the equipment and decides at the end whether to return it or buy it.
Illustration only, invented figures: a Punta Gorda salon adds six styling chairs at $1,185 each and two hooded dryers at $940 each, $8,990 in all. Spread over 36 months at 11.4%, each installment is $296.03, and the chairs and dryers are the salon's outright once the 36th is paid.
The equipment financing page has a calculator that takes a price, a down payment, a rate and a term.
Merchant cash advance basics for a Punta Gorda, FL sit-down restaurant that takes cards
Unlike the other five options, a merchant cash advance is not a loan. The provider buys part of the restaurant's future card receipts: it pays a sum now and then collects a fixed share of each day's card sales until an agreed total has come in. Slower card days mean smaller daily amounts, so the time to finish changes while the total does not.
Illustration only, invented figures: the advance to a Punta Gorda sit-down restaurant is $17,300 at a 1.29 factor, which sets the amount the provider collects at $22,317.00. With an 8% holdback and card sales averaging $2,460 a day, the provider collects about $196.80 each business day, and the total is reached after roughly 114 business days.
The factor is not an annual rate; compare the dollar cost of the advance with the interest on a loan for the same sum.
Pledging collateral or not: secured and unsecured business loans for a Punta Gorda, FL accounting firm
A secured business loan has something pledged behind it, such as receivables, equipment or a deposit account, which the funding partner can claim if payments stop. An unsecured loan has no specific pledge, though a partner may still ask for personal liability for the owners. Because the partner has no pledged asset to turn to, it may price an unsecured offer higher or keep its term short.
Illustration only, invented figures: a Punta Gorda accounting firm needs $46,200 for workstations, tax software and a new hire's first weeks. Unsecured at 13.9% for 36 months, the monthly bill is $1,576.76 and interest totals $10,563.36. Secured by its receivables at 11.6% over the same 36 months, the bill is $1,525.69 and interest totals $8,724.84, which is $1,838.52 less, in exchange for the pledge.
Commercial loan types a Punta Gorda, FL salon owner can line up side by side
Laid side by side for one salon, the six options differ in what they pay for and how the money goes back:
| Funding type | What it can pay for at a salon | How it is paid back |
|---|---|---|
| Working capital loan | Stylist payroll and rent when costs come due before income arrives | Fixed installments over months |
| Term loan | Buying out a co-owner or opening a second location | Fixed installments over years |
| Business line of credit | Color and retail product orders as they come up | Repay what was drawn, then draw again |
| Equipment financing | Styling chairs, dryers, color processors | Installments, with the equipment as security |
| Inventory financing | A large order of retail hair care for the front shelves | Paid down as the product sells |
| Merchant cash advance (not a loan) | A cash need set against future card sales | Daily slices of card receipts, stopping at the agreed total |
The working capital page, the term loan page and the line of credit page cover the first three in depth, and inventory financing, equipment financing and the merchant cash advance each have a page of their own.
Business term loans in plain terms, priced on a Punta Gorda, FL law office's computer refresh
A business term loan delivers one sum at the start and takes it back in level monthly installments over an agreed number of months. It fits a cost with a known price that the office expects to keep using for years.
Illustration only, invented figures: a Punta Gorda law office replaces 11 workstations at $1,560 each and a file server at $5,940, $23,100 in total. Over 42 months at 9.95%, the office pays $653.57 a month and $27,449.94 in all, of which $4,349.94 is interest; the computers outlast the schedule.
The collateral article explains blanket liens, owner signatures and unsecured offers.
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