What Fairport Business Capital is, how a funding request moves from its Gaffney, SC office, and who decides on it.
Fairport Business Capital is a broker and not a lender. Funding partners review each request, decide, and set every rate and term in a written offer.
Fairport is a broker for Cherokee County, SC owners, not a lender
Fairport Business Capital is a broker. It does not lend money, make credit decisions or pay out merchant cash advances. Its part is to talk a funding need through with a business owner and then pass the request on to funding partners, which are separate companies.
The route a request takes from the Gaffney, SC office to a partner
A request starts with a call to (864) 581-2210 or the request form, which takes contact details, three ranges (time in business, annual revenue, requested amount) and consent. After the need is talked through, Fairport passes the request to one or more funding partners. A partner that wants to go further contacts the owner, asks for its own records and runs its own review.
Approval, rates and every term sit with the funding partner
Each funding partner applies its own standards, can check credit during its review, and can decline. No request is promised an offer, an amount, a rate or a date. When a partner does make an offer, the rate, the payment schedule, any collateral and all costs are set by that partner in writing, and the owner can say no.
Card-sale advances are purchases of receivables, never loans
A merchant cash advance is a purchase of future card receivables, not a loan. The provider pays the business a sum and collects a larger, fixed total from future card sales, through a daily holdback or a fixed debit. The factor in the agreement sets that total; an owner can compare advances, and set them against other options, in total dollars collected.
Census counts and invented worked examples across this site
Local figures on this site come from U.S. Census Bureau programs (County Business Patterns 2023, ZIP Code Business Patterns 2023, Nonemployer Statistics 2024 and the 2020-2024 American Community Survey), each labeled with its year and area: a state figure covers South Carolina, a county figure covers Cherokee County, SC, and a ZIP figure covers only the ZIP it names (ZIP 29340 or ZIP 29702), not a city or town. Paragraphs marked "Illustration only, invented figures" are arithmetic on made-up numbers, not offers or market rates.
By Fairport Business Capital · Updated