Redrun Business Funding, a small-business funding broker in Caldwell, Idaho, answers common owner questions here: whether Redrun lends, how sole proprietors and owners without an EIN can apply, how merchant cash advances differ from loans, and what happens after the short request form. Every reply points to the page that covers it in full. Lending partners alone decide and price each request.
About Redrun Business Funding
Does Redrun lend money?
No. Redrun Business Funding is a broker, not a lender. Lending partners review, decide and set rates and terms.
Where is Redrun?
On Main Street: 616 Main St, Caldwell, ID 83605, in Canyon County. Most owners work with Redrun by phone and online.
Will Redrun place a personal or household loan?
No. Redrun works with business funding only; it does not arrange personal, auto title or payday loans.
Does Redrun work with farms or freight haulers?
No. Redrun's partners cover construction, restaurants, medical and dental practices, and retail and inventory businesses, and Redrun does not arrange agriculture or trucking funding.
Sole proprietors and EINs
Can a sole proprietor in Canyon County, ID apply through Redrun?
Often, yes. Partners look at business bank statements and tax returns (for a sole proprietor, usually the Schedule C), so keep business money in its own account.
Do I need an EIN?
Some partners ask for one and others accept a sole proprietor's Social Security number. Getting an EIN is free from the IRS and makes it easier to keep business records separate.
Does my trade name matter?
Yes. If you trade under a name other than your own or your entity's, partners will want to see it registered. The guides page covers the Idaho assumed business name.
Merchant cash advances
Would a card-receipt advance be classed as a loan?
No. It is a sale of future receipts, which the funder collects out of sales. The merchant cash advance page walks through holdbacks, factor rates and stacking in detail.
Is an advance cheaper than a loan?
Not usually. Compare the total dollars paid and how quickly they are collected, not the factor rate against an interest rate.
The request itself
Which fields are on Redrun's request form?
Full name, email, phone, an optional business name, pick-lists for time in business, annual revenue and requested amount, and your consent. There is no purpose box; Redrun asks about that when it calls.
What happens next?
Redrun calls to talk through the purpose, then suggests structures and partners. The four request steps explain the rest.
Will sending a request commit me?
No. You may halt the process whenever you like and turn down any offer.
Where can I read more first?
The Redrun blog has longer articles on payroll gaps, restaurant lines of credit and buying or leasing premises in Caldwell, ID.
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