Mesaside Advances, a small-business funding broker in Cheyenne, Wyoming, answers common questions from Laramie County owners: what a broker does, why the name says Advances, how the six funding types differ, what partners review, paying yourself from business funds, and where to handle Wyoming registration. Lending partners make every credit decision and set rates and terms.
About Mesaside Advances
Is Mesaside Advances a lender?
No. Mesaside Advances is a broker, not a lender.
Why is a broker called Advances?
It is the business's name. We work with six funding types, and merchant cash advances are only one of them; we do not fund advances ourselves. More about us.
Where are you?
1900 Thomes Ave, Cheyenne, WY 82001, phone (307) 368-2257. Call before visiting so we can set a time.
Which industries do your partners cover?
Construction and the trades, restaurants, medical and dental practices, and retailers and wholesalers buying stock. Partners we work with do not cover agriculture or trucking. See the industry pages.
Choosing funding
Which funding type should I pick?
Start with what the money pays for and how it turns back into revenue. The comparison of all six lays this out.
Is a merchant cash advance a loan?
No. It is a purchase of future receipts, priced with a factor and collected from sales or by fixed debits. How MCAs work.
Can I use a personal loan for my business?
Some owners do, but it puts the debt on you personally, and personal loans are outside what we arrange. Business funding keeps the obligation with the business, though partners often still ask for a personal guarantee.
Can I use a business loan to pay myself?
Business funding is meant for business costs, and many agreements limit how the money is used. A reasonable owner's salary paid through payroll is a business cost; taking a draw from borrowed money is a question for your accountant and the agreement's use-of-funds clause.
Applying
What do partners usually ask for?
Recent business bank statements, formation records, owner identification, and for larger requests tax returns, financial statements and a debt schedule. How a request moves covers the review.
Can an LLC get a business loan?
Yes. Partners usually ask for the LLC's records, its EIN and information on the members, who may be asked to sign a personal guarantee.
Will a partner check my credit?
Many do, for the business and the owners. Ask what kind of inquiry a partner makes before you authorize it.
How much does it cost?
Each partner sets its own rates, fees and terms, and we do not publish any. Business funding fees explained shows what to look for in an offer.
Cheyenne, WY and Wyoming basics
Where do I register a Wyoming business?
Entity filings are handled by the Wyoming Secretary of State (sos.wyo.gov), and sales tax account registration by the Wyoming Department of Revenue's Excise Tax Division (excise-tax-div.wyo.gov). The Wyoming sales tax and Cheyenne license checklist has the links.
Does the City of Cheyenne license businesses?
The City Clerk's office publishes the license and permit types it issues. Check whether your activity is on that list; the checklist page links to it.
Is Laramie County the same as Laramie, WY?
No. Cheyenne is in Laramie County, Wyoming. Laramie, WY is a separate city, west of Cheyenne in Albany County.
By Mesaside Advances · Updated
