Coastglen Financial, a small-business funding service in Pensacola, FL, matches your request with funding partners, who review it and make their own decision. This page answers questions owners may have before requesting funding: what partners review, how a merchant cash advance differs from a loan, and what to do next.
About Coastglen Financial
Does Coastglen Financial lend money?
No. We match your request with funding partners, who review it and make their own decision; the money comes from them. How a request moves explains each stage.
Who sets the rate and terms?
The funding partner, after reviewing your request. We do not quote rates, because we do not set them.
Where is Coastglen Financial?
In Pensacola, FL. Requests are handled by phone and online; the address and phone number are on the contact page.
Choosing an option
Which option should I look at first?
Begin with what the money pays for. Wages before clients pay suggest working capital; a remodel suggests a term loan; a machine suggests equipment financing. The comparison table lines up all six.
Does a merchant cash advance count as a loan?
No. It is a purchase of part of your future card or bank receipts, collected from daily sales. Compare its total dollar cost with the loan options first; the merchant cash advance page shows the arithmetic.
Can I get funding for a business I am buying?
Partners do fund some acquisitions with term loans. The blog covers two examples, a convenience store and an accounting practice, under recent posts.
Applying
Which details does the Coastglen form collect?
The online request asks for your full name, phone, email and company name (optional), three required picks (time in business, an annual revenue range and the amount you are requesting) and a consent box. No documents are uploaded at that stage.
Will requesting options affect my credit?
Coastglen makes no credit decision. A partner reviewing a request may look at credit; ask the partner whether and how before you agree.
Am I obliged to take an offer?
No. You can decline any offer, at any stage.
By Coastglen Financial · Updated