At Berkman Financial, our goal is to make access to working capital easy, transparent, cost-effective, and fast.

Why Use Berkman Financial?
  • Better Pricing
  • Faster Closing Times
  • More Flexible Terms
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Frequently Asked Questions

Q: 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.

Q: 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.

Q: What are your minimum requirements to be approved for funding?

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

Q: What can I use the money for?

It is your money for your business, so you can use it however you see fit. Many of our clients use funding to cover payroll, renovate, manage inventory, expand, purchase equipment, and a variety of miscellaneous business expenses.

You are the expert in maintaining and growing your company, and we are the experts in getting you the money you need to do so. It’s a win-win situation.

Q: I have bad credit and even a 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 1) you have been in business for at least six months and 2) your business generates sales in excess of $8,500 per month. In over 90% of cases, if you meet these two requirements, we can provide you with funding!

Q: How long does the approval 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.

Q: How long will it take to receive my money?

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

Q: How does the Berkman Financial process work?

At Berkman Financial, our process is very simple. We assess your future sales revenues and get you the money you need to maintain and grow your business.

Once we receive the quick application or the full pre-qualification application, as well as a couple of supporting documents, funding takes place within 48 hours

Q: How much money am I eligible to receive?

The amount that you qualify for varies, but is generally between 75%-125% of your business’ monthly sales revenue.

Q: Are you providing me with a loan?

Technically, this is not a loan. We buy a percentage of your future sales, and advance you that money upfront. In exchange, you agree to pay us back out of those future sales. 

Q: Do I have to take the full amount that I am approved for?

No. You decide how much of the approved amount that you wish to receive.

Q: What types of businesses/industries do you work with?

We work with over 500 different industry groups in a variety of sectors, such as food service, health care, automotive, textiles, manufacturing, construction, technology, and retail. Click here for a more complete list of industries

Q: What information and supporting documents do I need to supply?

We require copies of the following: bank statements, driver’s license, lease agreement, and a voided check from your business bank account.

Q: How can I ensure that my application is processed as fast as possible?

We do everything within our power to make the funding process simple, fast, and hassle-free, but we need your cooperation, too! The best way to avoid delays and receive your funding as quickly as possible is to provide all requested documentation to us in a timely manner.



“Working with Berkman Financial was easier than we ever could have imagined. We wanted to make improvements to our outdoor patio and were reluctant to take more money from friends and family. We called Berkman on a Monday and had the funds in our account that Wednesday. They were honest, responsive, and courteous throughout the entire process. We are recommending Berkman to other chefs and restaurant owners that we have close relationships with. “

Pig & Khao, New York

“Getting money from Berkman Financial was easier than I could have imagined.  The entire team at Berkman worked hard and they were honest with me each step of the way.  The process was stress free and I would highly recommend them”

Viral Patel, Columbus Mini Mart & Storage

“Working with Berkman Financial was such a quick and easy process.  They were honest with us during each stage of the process and got us our money with 2 days.  When it comes to financing my business, there’s no one else I would go to!”

Omar Gonzalez, Ramo Carriers

Our bank pulled our line of credit because they said we’ve been over 80% drawn for the past 2 years. Even though we made our payments on time every month, they still closed our line. We tried to get a loan from another bank but couldn’t. Berkman Financial made the process easy, without having to jump through a million hurdles. We’ve already referred two of our friends to them and will continue to do so.

Stephen Bradley, Minnesota

We just wanted to thank the entire Berkman team for getting us the money we needed. The bar next to our clothing store had a fire that caused smoke damage to nearly half of our inventory. Without the money you gave us it would have taken us nearly 6 months to restock our shelves. Thanks again for everything you did

Jennifer Mandel, Florida

I contacted Berkman Financial to obtain some working capital to grow my business. The Berkman team was incredibly helpful and the process was very smooth. They took the time to explain all available options and I had the funds in our account within 3 days! I would strongly recommend Berkman Financial!

Ron Weber, Penma

Berkman Financial made my financing process quick and easy, allowing me to purchase the equipment my business needed. I was guided through every step of the process and never felt like I had to fend for myself. I would definitely recommend Berkman Financial and look forward to working with them again.

Giovanni Lara, Wallboard Solutions

Berkman Financial provided funding for two of my businesses. The team has been a tremendous asset and I would definitely recommend Berkman Financial to any business–large or small–that is looking for financial solutions to grow their business.

Bobby Goldstein, Bobby Goldstein Productions, Inc
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© 2017 Berkman Financial
Berkman Financial: 85 Broad St. New York, NY 10004

Berkman Financial
We are located at 85 Broad St.
New York, NY 10004