Kitestone Capital Group, a small-business funding service in Hyannis, MA, answers business loan questions for Barnstable County owners here: who decides on a request, which records partners review, how each funding type is paid back, and what the request form asks. Kitestone matches your request with funding partners, who review it and make their own decision.
Where does the funding itself come from?
Funding partners do. Kitestone takes your request, matches it with partners that consider that kind of business and purpose, and the partner reviews, decides and sets any terms. You see the offer in writing and decide. How a request works has the details.
Which details does the Kitestone form collect?
The request form asks for your Full Name, Phone, Email, Company Name (optional), three required picks (Time in Business, Annual Revenue range and Requested Amount range) and a consent checkbox. You can also simply call (508) 296-5896.
Which records will a partner want?
Examples include business bank statements, recent tax returns, entity or business certificate papers and, depending on the funding type, an equipment quote, a stock list or card processing statements. The four steps page includes a table of what partners may ask for and why.
How is each funding type paid back?
Term and working capital loans have fixed installments. A line of credit is repaid as you pay down what you drew. Equipment and inventory financing follow the item or the goods. A merchant cash advance is not a loan; a share of card sales is collected. The side-by-side comparison sets them out.
Is a merchant cash advance a sensible choice?
Sometimes, for a card-heavy business that needs cash, but compare its total cost in dollars with a loan or line of credit first. Read the merchant cash advance page for how the factor rate and holdback work before deciding.
Will Kitestone quote a rate up front?
No. Partners set pricing after reviewing the business, and Kitestone does not publish rates or ranges. The equipment calculator lets you test a rate of your own choosing to see what a payment might look like.
Is accepting an offer ever required?
No. You can decline any offer, ask for changes, or compare it with others. Nothing is signed on your behalf.
Are startup or SBA loans part of what Kitestone handles?
No. Kitestone focuses on established businesses seeking working capital, term loans, lines of credit, inventory or equipment financing, or merchant cash advances. Startup funding and SBA programs are outside what it arranges.
Which businesses do partners consider?
Partners look at requests from nearly every kind of business. The industry pages cover 14 Barnstable County, MA business types in detail, from contractors and landscapers to medical practices and law firms.
Where can I read more about Cape Cod, MA business funding?
The Kitestone blog covers local questions such as buying a landscaping business, renovating an inn, and funding painting and electrical contractors. To talk it through, use the contact page.
By Kitestone Capital Group · Updated