Sageford Loans, based in Richmond, Indiana, helps Wayne County, Indiana shops, kitchens and practices sort out business funding. It takes requests by phone or online form, matches each to the funding types that fit, with equipment financing first, and hands it to funding partners who review it and set any terms.
Sageford's Place Between Richmond, IN Owners and Their Funders
Sageford sits between the owner and the funding partners. It hears what the money is for, the amount and the timing; sorts the request into the funding type that fits; and hands it to partners that consider that kind of request. The partner reviews, asks for records and decides. The owner reads any offer and decides whether to sign.
Sageford does not set rates, approve requests or hold any part of the money.
Why Equipment Financing Leads at Sageford
Wayne County, IN is a place where machines carry the payroll. Manufacturing paid $415.9 million in wages in 2023, more than any other sector, and the county also had 105 restaurants at the two restaurant codes by our sum and 47 physician offices (County Business Patterns 2023). Lathes, kitchen lines and exam rooms are long-lived purchases, and equipment financing is built for them, so the site puts it first.
The other five types cover what equipment financing does not: working capital, lines of credit, term loans, inventory financing and the merchant cash advance, which is not a loan.
What Sageford Leaves Off These Pages
- Rates, terms or amounts, which partners set case by case.
- Approval odds or timelines, which depend on each partner and each file.
- Reviews, ratings or counts of businesses funded.
- Any tie to the SBA, the city, the county or a chamber of commerce; there is none.
What the pages do include are Census counts for Wayne County, IN with their source and year, labeled examples with invented figures, and plain descriptions of each funding type.
How Sageford Earns Its Fee on a Funded Request
The disclosures page sets out the relationship between Sageford and its funding partners.
Sageford Loans on File in Richmond, IN
The street address on file for Sageford Loans is 4 N 9th St, Richmond, IN 47374; requests come in by phone at (765) 224-6354 or through the site's online form.
By Sageford Loans · Updated