These disclosures explain the role of Quarrypeak Credit, a small-business funding broker in Morristown, TN. Quarrypeak is not a lender: it connects businesses with lending partners, who make every credit decision and set rates and terms. The pages also explain merchant cash advances, which are not loans, and how to read the Census figures and labeled examples used on this site.
Quarrypeak Credit's role
Quarrypeak Credit is a broker, not a lender. It does not lend money, make credit decisions or set rates, terms or fees on any funding. It organizes requests from businesses and sends them to funding partners.
Partners and offers
Each partner reviews requests under its own criteria and may decline. Any offer, and every rate, term, fee and condition in it, comes from the partner. Offers can differ widely, and you are never obliged to accept one.
No approval, amount, rate, speed or outcome is promised anywhere on this site.
Merchant cash advances
A merchant cash advance is not a loan. It is a purchase of a share of future card receivables, collected as a percentage of sales. It is priced with a factor rather than an interest rate, and its cost depends on how quickly the purchased amount is remitted.
Figures and examples on this site
Local figures are drawn from US Census Bureau programs (County Business Patterns 2023, ZIP Code Business Patterns 2023, Nonemployer Statistics 2024, the American Community Survey 2020-2024 and the Building Permits Survey), always with the program and year. ZIP figures describe a USPS ZIP area, not city limits. Quarrypeak keeps employer counts (CBP 2023) and nonemployer counts (NES 2024) apart, because they come from different programs and years.
Worked examples are hypothetical, labeled as such and not offers. Most show principal only; real costs depend on the partner's terms.
Things Quarrypeak does not do
Quarrypeak does not arrange personal, payday, auto title, mortgage or commercial real estate purchase loans, offers no grants and is not an SBA lender. It has no affiliation with the SBA, any Small Business Development Center, Hamblen County, the City of Morristown or any chamber of commerce mentioned on this site.
By Quarrypeak Credit · Updated