A Merchant Cash Advance (MCA) is a type of alternative financing where businesses receive a lump sum of cash in exchange for a percentage of future sales. It’s not a loan but a purchase of future receivables.

Unlike traditional loans, MCAs don’t have fixed monthly payments or interest rates. Instead, repayment is tied to your daily or weekly sales, offering more flexibility if your revenue fluctuates.

As entrepreneurs, we understand that you need enough working capital to fund the many aspects of your business. Our value is in providing the capital you need today to maintain and grow your business for tomorrow and beyond. The approval requirements for our lending programs are significantly lower compared to secured bank loans, so our funding programs are the fastest and easiest way to obtain the money you need. In addition, unlike traditional banks, we offer post-funding support in the form of strategic and financial consulting—free of charge.

Once approved, you receive a lump sum upfront. In return, we collect a percentage of your daily sales until the advance is fully repaid. The amount repaid depends on your revenue flow.

MCAs are available to a variety of industries, including retail, restaurants, e-commerce, medical practices, and more. If your business generates consistent sales, you’re likely to qualify.

No, MCAs are unsecured, so you don’t need to put up assets like property or equipment as collateral.

The application process is straightforward and should take approximately five minutes. You can submit an application through our website or call a funding specialist at 800-201-0771 to guide you through the process. Once we receive your full application and supporting documents, you will receive an offer within 24 hours.

Minimum of six months in business. Minimum of $10,000 in monthly revenues. Your business is based in the United States.

This is one of our most frequently asked questions and the answer is YES! If you have poor personal credit or even have filed previously for bankruptcy, we can still provide you with working capital. The qualifications are you have been in business for at least six months and your business generates sales over $10,000 per month. In over 90% of cases, if you meet these two requirements, we can provide you with funding!

Usually within 24 hours after a contract is executed and received.

The amount you can receive depends on your business's monthly revenue. We typically offer advances ranging from $5,000 to $5,000,000

In many cases, once approved, funds can be deposited into your account on the same day or the next business day.

No, we typically perform a soft credit pull that won’t affect your credit score.

MCAs are generally intended for established businesses. However, if you’ve been operating for at least 3-6 months and have steady sales, you may still qualify.

There are no restrictions on how you use the funds. You can invest in marketing, inventory, equipment, or any other business needs.

Yes, seasonal businesses are eligible. The flexible repayment structure is ideal for businesses with fluctuating sales throughout the year.

We work with businesses in retail, hospitality, e-commerce, healthcare, automotive, and many other industries that generate regular sales.

We’re happy to work with repeat clients. If your business needs more capital, you can apply for additional funding at any time.

You can reach our customer support team by: phone - (800) 201-0771 email - info@berkmanfinancial.com live chat on our website.

Yes, we understand that every business is unique. We can tailor a funding solution based on your business’s specific needs and goals.

Berkman Financial offers a range of financing options, including business loans, lines of credit, invoice financing, equipment financing, and merchant cash advances. Each option is tailored to meet the specific needs of businesses across various industries.