Marbleharbor Advances, a small-business funding broker in Franklin, Tennessee, answers the questions Williamson County owners ask most: whether it lends, which funding fits, whether an LLC can borrow, whether a business loan can pay the owner, how credit checks work and where to check state and local records. Lending partners make all credit decisions.
About Marbleharbor Advances
Does Marbleharbor Advances lend money?
No. Marbleharbor Advances is a broker, not a lender, despite the word Advances in its name.
Where is Marbleharbor Advances located?
The office address is 118 4th Ave S, Franklin, TN 37064, and the phone number is (629) 222-3797. The contact page has both.
Which communities do you work with?
Businesses in Franklin, TN and nearby communities including Brentwood, Nolensville, Spring Hill, Fairview, Kingston Springs and La Vergne, by phone and online. The areas page lists more.
Can you help with personal, payday or title loans?
No. Our work starts and ends with business funding. Personal, payday, auto title and home loans are outside what we do, as are agriculture and trucking requests.
Choosing the funding
How do I know which type of funding to look at?
Start with what the money must accomplish and how it will come back. The six-option comparison lines them up by repayment pattern.
Can I use a business loan to pay myself?
Money raised by the business is meant to be spent on the business. A reasonable salary paid through payroll is usually a business expense, but many contracts restrict owner distributions, and using borrowed money to pay yourself a large draw can breach the agreement. Read the use-of-proceeds clause.
Should I take a personal loan for my business?
Some owners do early on, but it places business risk directly on personal credit and does nothing to build the company's own credit history. Business funding keeps the two separate, though partners often still ask for a personal guarantee.
Is a merchant cash advance a loan?
No. A merchant cash advance is not a loan; it is a purchase of future sales receipts. The merchant cash advance page walks through holdbacks, debits and reconciliation.
Applying
Can an LLC get a business loan?
Yes. LLCs borrow all the time. Partners usually want the LLC's formation records, its bank statements and tax returns, proof it is active with the state, and a personal guarantee from the main owners.
Will a funding request affect my credit?
During underwriting, a partner may pull credit reports. Before you sign the authorization, ask whether the pull is soft or hard.
Could Marbleharbor Advances forecast a partner's yes or no?
No one honest can. Each lending partner applies its own standards. How a request moves shows where that decision happens.
What does the online form ask?
First name, last name, email, phone and business name, with a consent checkbox. We ask about the purpose and the numbers when we call.
Tennessee and Williamson County, TN records
How do I check my company's standing with the state?
Tennessee business records are kept by the Secretary of State. The certificate of existence guide shows where to look and what partners compare.
Do I need a city or a county business license in Franklin, TN?
It depends on where the business operates and what it does. The Franklin, TN license guide explains why a Franklin mailing address does not settle the question.
Where can I get free advice before borrowing?
The Tennessee Small Business Development Center network offers no-cost advising. The resources section includes it alongside other free help.
By Marbleharbor Advances · Updated