Question 1

What is a merchant cash advance?

Accepted Answer

MCA stands for Merchant Cash Advance. It's not a traditional loan — it's an advance against your future sales. Instead of fixed monthly payments, you pay back through a small, agreed-upon percentage of your daily or weekly revenue until the balance is cleared.

Question 2

Is Byzfunder a bank?

Accepted Answer

No, Byzfunder is not a bank. We are a financial technology company that connects businesses with funding solutions. We work with a network of lenders and funding partners to find the best options for your business.

Question 3

How do I qualify?

Accepted Answer

Qualification is based on your business revenue, time in business, and overall business health. Most businesses that have been operating for at least 12 months (1 year) with consistent revenue qualify for some level of funding.

Question 4

Do I have to own a business?

Accepted Answer

Yes, you must be a business owner or authorized representative to apply for funding through Byzfunder. We provide funding solutions specifically designed for businesses.

Question 5

How long do I need to be in business?

Accepted Answer

Most of our funding options require a minimum of 12 months (1 year) in business. Some products may have different requirements, and our team can help you find the right fit.

Question 6

How much revenue do I need?

Accepted Answer

Revenue requirements vary by product, but generally we work with businesses generating at least $20,000 per month in revenue. Higher revenue can qualify you for larger funding amounts.

Question 7

What kind of credit do I need?

Accepted Answer

We work with businesses across all credit profiles. While a higher credit score can help you qualify for better terms, we focus primarily on your business revenue and performance.

Question 8

How much can I get?

Accepted Answer

Businesses can qualify for funding from $5,000 up to $500,000, depending on your monthly revenue, time in business, and overall business health.

Question 9

How do I apply?

Accepted Answer

Simply fill out our online application — it takes just 5 minutes. You'll need basic business information and 3-6 months of bank statements to get started.

Question 10

How fast is funding?

Accepted Answer

Once approved, funds can be deposited into your account as soon as the same business day. Most businesses receive funding within 24-48 hours of approval.

Question 11

What are the requirements for ByzFlex?

Accepted Answer

ByzFlex requires a minimum of 12 months (1 year) in business, at least $20,000 in monthly revenue, and an active business bank account. Our team will guide you through the specifics.

Question 12

Can I payoff my funding early?

Accepted Answer

Yes! We encourage early payoff and many of our funding products offer discounts for early repayment. Contact your funding specialist for details on your specific terms.

Question 13

Does applying affect my credit score?

Accepted Answer

No, our initial application and pre-qualification process uses a soft credit pull, which does not affect your credit score. A hard pull may only occur if you proceed with certain funding products.

Question 14

Do you report to credit bureaus?

Accepted Answer

Reporting varies by funding product. Some of our products report to credit bureaus, which can help you build business credit. Ask your funding specialist for details.

Question 15

Do I need collateral?

Accepted Answer

No, our business funding options are unsecured, meaning you don't need to put up collateral like real estate or equipment. We base our decisions on your business performance and revenue.

Question 16

Can I get funding if I already have another loan or MCA?

Accepted Answer

Yes, in many cases you can still qualify for funding even if you have existing debt. We evaluate your overall business health and cash flow to determine eligibility.

Question 17

Do you work with startups?

Accepted Answer

We primarily work with established businesses that have at least 12 months (1 year) of operating history. If you're a newer business, reach out and we'll see what options may be available.

Question 18

What industries do you fund?

Accepted Answer

We fund businesses across a wide range of industries including restaurants, retail, healthcare, construction, trucking, e-commerce, and many more. If your business generates consistent revenue, we likely have a solution for you.

Question 19

What credit score do I need for restaurant financing?

Accepted Answer

We focus on your business revenue and cash flow rather than credit score alone. Many restaurant owners with varying credit profiles qualify for our programs.

Question 20

How quickly can I get funded for my restaurant?

Accepted Answer

Qualified applicants typically receive same-day decisions, with funds often available within 24 hours.

Question 21

Can I use the funds for any restaurant expense?

Accepted Answer

Yes — inventory, payroll, equipment, renovations, marketing, and more. The capital is flexible to your needs.

Question 22

Do you work with new restaurants?

Accepted Answer

We typically work with businesses that have at least 4-6 months of revenue history, but we evaluate each application individually.

Question 23

What makes your restaurant financing different?

Accepted Answer

We understand food-service economics — tight margins, seasonality, and daily cost fluctuations. Our programs are structured around how restaurants actually operate.

Question 24

What credit score do I need for construction financing?

Accepted Answer

We evaluate your business based on revenue and job volume, not just credit score. Many contractors with varying credit profiles qualify.

Question 25

How quickly can I get funded for my construction business?

Accepted Answer

Qualified applicants typically receive same-day decisions, with funds often available within 24 hours.

Question 26

Can I use the funds to pay subcontractors?

Accepted Answer

Absolutely. Subcontractor payments, materials, equipment, permits, and any other business expense are all valid uses.

Question 27

Do you work with commercial development businesses?

Accepted Answer

Yes, we work with a wide range of construction businesses including commercial, residential, and specialty contractors.

Question 28

What makes your construction financing different?

Accepted Answer

We understand construction cash flow — delayed payments, material cost spikes, and project-based revenue. Our programs are built around these realities.

Question 29

What credit score do I need for retail financing?

Accepted Answer

We focus on your store's revenue and cash flow patterns rather than credit score alone. Many retail owners qualify regardless of credit history.

Question 30

How quickly can I get funded for my retail business?

Accepted Answer

Qualified applicants typically receive same-day decisions, with funds often available within 24 hours.

Question 31

Can I use the funds for inventory purchases?

Accepted Answer

Yes — inventory, payroll, marketing, store expansion, equipment upgrades, and any other business expense.

Question 32

Do you work with online retail businesses?

Accepted Answer

Yes, we work with brick-and-mortar, e-commerce, and hybrid retail operations.

Question 33

What makes your retail financing different?

Accepted Answer

We understand retail economics — inventory cycles, seasonal demand, and margin pressures. Our programs flex with your revenue patterns.

Question 34

What credit score do I need for healthcare financing?

Accepted Answer

We focus on your practice's revenue and patient volume rather than credit score alone. Many healthcare providers qualify.

Question 35

How quickly can I get funded for my practice?

Accepted Answer

Qualified applicants typically receive same-day decisions, with funds often available within 24 hours.

Question 36

Can I use the funds for equipment purchases?

Accepted Answer

Yes — equipment, staffing, technology upgrades, marketing, compliance costs, and any other practice expense.

Question 37

Do you work with dental practices?

Accepted Answer

Yes, we work with dental offices, medical clinics, specialty practices, and other healthcare providers.

Question 38

What makes your healthcare financing different?

Accepted Answer

We understand healthcare cash flow — insurance delays, reimbursement cycles, and high equipment costs. Our programs are structured around these realities.

Question 39

Do small manufacturers qualify for MCAs?

Accepted Answer

Yes. Manufacturing businesses with 525+ FICO, $20,000+ in monthly bank deposits, and at least 1 year in business qualify for Byzfunder merchant cash advances and working capital.

Question 40

Can I use funds for raw materials?

Accepted Answer

Yes — funds are fully unrestricted. Raw materials, payroll, equipment, shipping, and any other business use.

Question 41

How fast does a manufacturer get funded?

Accepted Answer

Qualified applicants receive a same-day decision and funding in as little as 24 to 48 hours after contract signing.

Question 42

What if my revenue is order-based and variable?

Accepted Answer

Byzfunder evaluates a 3-month deposit average. Order-driven monthly variability is common in manufacturing and does not automatically disqualify you.

Question 43

What credit score do I need?

Accepted Answer

525+ FICO minimum. Deposit history and operating tenure are the primary underwriting factors.

Question 44

Can I fund equipment repair or upgrades?

Accepted Answer

Yes. MCA and term loan funds can be used for any business purpose, including repair or capacity additions.

Question 45

What is ByzFlex for manufacturers?

Accepted Answer

ByzFlex is revenue-based financing that acts like a line of credit — request funds, repay weekly, and request again in as little as 14 days. Available at 550+ FICO and $250,000+ in annual revenue.

Question 46

Is collateral required?

Accepted Answer

No. Byzfunder MCAs and ByzFlex require no collateral.

Question 47

Do salons qualify for MCAs?

Accepted Answer

Yes — hair salons, spas, barbershops, nail salons, and esthetician studios qualify at 525+ FICO, $20,000+ in monthly deposits, and 1+ year in business.

Question 48

What if my salon revenue varies month to month?

Accepted Answer

Byzfunder evaluates a 3-month average of bank deposits. Variable monthly revenue is common in beauty and does not automatically disqualify you.

Question 49

Can I use funds for salon equipment?

Accepted Answer

Yes — funds are fully unrestricted. Equipment, products, payroll, marketing, or any other business expense.

Question 50

How fast can a salon get funded?

Accepted Answer

Same-day decision for qualified applicants. Funds wired in 24 to 48 hours after contract signing.

Question 51

Does a booth-rental salon model qualify?

Accepted Answer

The business entity receiving deposits qualifies. If the salon entity itself has 1+ year in business and $20,000+ in monthly deposits, it qualifies.

Question 52

What credit score does a salon owner need?

Accepted Answer

525+ FICO minimum. Deposit history and tenure are the primary underwriting factors.

Question 53

Can I use funds to open a second location?

Accepted Answer

Yes — lease deposits, build-out, equipment, and opening inventory are all valid unrestricted uses.

Question 54

What is ByzFlex for salons?

Accepted Answer

ByzFlex is revenue-based financing that acts like a line of credit — request funds, repay weekly, and request again in as little as 14 days. Available at 550+ FICO and $250,000+ in annual revenue.

Question 55

Do landscaping companies qualify for MCAs?

Accepted Answer

Yes. Landscaping and lawn care businesses with 525+ FICO, $20,000+ in monthly bank deposits, and 1+ year in business qualify for Byzfunder merchant cash advances and working capital.

Question 56

What if my revenue is seasonal?

Accepted Answer

Byzfunder evaluates a 3-month deposit average. Seasonal businesses commonly qualify — variable monthly revenue does not automatically disqualify you.

Question 57

Can I use funds for equipment before spring?

Accepted Answer

Yes — funds are fully unrestricted. Equipment, materials, payroll, marketing, or any other business expense.

Question 58

How fast can a landscaping business get funded?

Accepted Answer

Same-day decision for qualified applicants. Funds wired in 24 to 48 hours after contract signing.

Question 59

What credit score do I need?

Accepted Answer

525+ FICO minimum. Deposit history and operating tenure are the primary underwriting factors.

Question 60

Can I fund a new truck or trailer?

Accepted Answer

Yes — vehicle and trailer purchases are common uses of Byzfunder working capital.

Question 61

What is ByzFlex for landscaping?

Accepted Answer

ByzFlex is revenue-based financing that acts like a line of credit — request funds, repay weekly, and request again in as little as 14 days. Available at 550+ FICO and $250,000+ in annual revenue.

Question 62

Is collateral required?

Accepted Answer

No. Byzfunder MCAs and ByzFlex require no collateral.

Question 63

Do independent hotels qualify for MCAs?

Accepted Answer

Yes — independent hotels, boutique properties, and B&Bs qualify at 525+ FICO, $20,000+ in monthly bank deposits, and 1+ year in business.

Question 64

What if occupancy is seasonal?

Accepted Answer

Byzfunder evaluates a 3-month deposit average. Seasonal hospitality businesses commonly qualify — variable monthly revenue does not automatically disqualify you.

Business Funding Answers

General

Industry — Restaurants

Industry — Construction

Industry — Retail

Industry — Healthcare

Industry — Manufacturing

Industry — Salons & Beauty

Industry — Landscaping

Industry — Hotels & Hospitality