Intermediary or direct lender: what is the difference?
A direct lender lends its own funds and decides; an intermediary prepares the file and presents it to lenders. Capital Facile is an intermediary, not a lender.
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- What is the difference between an intermediary and a direct lender?
- A direct lender lends its own funds and makes the credit decision. An intermediary does not lend: it prepares the file and presents it to lenders, who decide.
- Is Capital Facile a lender?
- No. Capital Facile is a commercial-financing intermediary: we don’t lend and we make no credit decisions.
- What does the intermediary actually do?
- We prepare your file from your statements, present it to the lenders you authorize and follow up with them. You read the written offer and you decide.
- Am I bound to Capital Facile as soon as I apply?
- No, your online application commits you to nothing. The mandate, signed before we present your file, is exclusive for its term for this financing request.
- Who sets the amount and the cost?
- The lender, in its written offer. Our fee is added to it and is payable only if financing is disbursed.
What the lender looks at
- Actual deposits, month by month
- Direct lender or not, the reading starts with what the business takes in.
- Trend over the period
- Each lender reads the same period and draws its own conclusion.
- Payments to other lenders
- Commitments already running are presented to each lender, as they are.
- How long the business has been operating
- Each lender sets its own time-in-business threshold.
$0 upfront · 7% only if funded
An intermediary, not a lender.
The lender sets the final amount and its cost in its written offer.
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