Why Use Berkman Financial?
  • Better Pricing
  • Faster Closing Times
  • More Flexible Terms
At Berkman Financial, our goal is to fill this void by making access to capital easy, cheap, transparent, and fast.
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Frequently Asked Questions

Q: How does Berkman Financial provide value to my business?

We understand the importance of having working capital to fund many aspects of your business. We offer value by working diligently to provide you with the capital you need today, to ensure that you are able to maintain and grow your business tomorrow and beyond. The approval requirements for our lending programs are significantly lower compared to secured bank loans, therefore our funding programs are the fastest and easiest to obtain the money you need for your business.

Furthermore, we are the only company that offers post-funding support, free of charge, in the form of strategic and financial consulting.

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 an associate who will guide you through the process by calling 800-201-0771. Once we receive your full application, and 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. Your business must have a minimum of $10,000 in monthly revenues.
  3. Your business must be based in the United States.

Q: What can I use the money for?

It is your money for your business. As such, you can use it however you see fit. You are the expert when it comes to maintaining and growing your small business, we are merely the experts in getting you the money you need to do so. Many of our clients use funding to cover payroll, renovate, manage inventory, expand, purchase equipment, and/or a variety of miscellaneous business expenses.

Q: I have bad credit and even a previous bankruptcy. Can you get me funding?

Yes! This is one of our most frequently asked questions! If you have poor personal credit, or even have filed for bankruptcy previously, we can still provide you with capital. The most important things for us are a) have you been in business for at least six months and b) does your business generate 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?

In most circumstances, the approval happens in less than 48 hours once we receive your full application. However, approval can take as long as 72 hours. This is often dependent on how quickly you can 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 will qualify for varies, however, generally between 75%-125% of your business’ monthly sales revenue.

Q: Are you providing me with a loan?

No, this is not a loan. We are purchasing a percentage of your future sales, and advancing 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?

Berkman Financial specializes in providing funding for a wide assortment of businesses in a variety of sectors. We work with over 500 different industry groups including (but not limited to): food service, healthcare professionals, automotive, textiles, manufacturing, construction, technology, and retailers.

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

We require copies of the following: bank statements, drivers 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 make sure that you 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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© 2016 Berkman Financial
Berkman Financial: 85 Broad St. New York, NY 10004

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