Frequently Asked Questions
1
How does Berkman Financial provide value to my business?
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.
2
What is the application process?
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.
3
What are your minimum requirements to be approved for funding?
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Minimum of six months in business.
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Minimum of $10,000 in monthly revenues.
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Your business is based in the United States.
4
I have bad credit and even previous bankruptcy. Can you get me funding?
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
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you have been in business for at least six months and
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your business generates sales over $8,500 per month. In over 90% of cases, if you meet these two requirements, we can provide you with funding!
5
How long does the process take?
Typically, approval is within 48 hours after we receive your full application, but it can take up to 72 hours, depending on how quickly you provide the required information, as well as the amount of funding being requested.
6
How long will it take to recieve money?
Usually within 24 hours after a contract is executed and received.
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4288 Arthur Kill Rd Suite 4B Staten Island, NY 10309