FAQ's

Who are we?

Crystal business funding is a leading provider of working capital to businesses nationwide. Since 2019, more than 3,000 businesses have trusted us to provide them with fast, flexible, and reliable funding to fuel their success.

What is a merchant cash advance?

A merchant cash advance is a financeing arrangement that will provide you upfront capital In exchange for a fixed amount of your future revenue. 

What are the minimum eligibility requirements for funding?

To qualify with crystal business funding you have to be a U.S. based business with:

1) Six months minimum time in business 

2) At least $20,000.00 in monthly sales

3) A business bank account

What information do you need for me to apply?

Crystal business funding has one of the simplest application processes in the industry because we only ask for what we absolutely need: 

1) Application (name, business name, ein etc.)   

3) Three months of your most recent bank statements

Will applying for Funding impact my credit score?

No. We only perform a soft credit inquiry which does  not impact your credit score.

Are there any industries that we don't fund? 

We provide funding for more than five hundred industry segments, Including higher-risk industries such as trucking and construction. There are some industries we do not service.

How long wll it take me to complete my application? 

Applying with crystal business funding takse most applicants less than two minutes.

What if I already have a traditional bank loan?

Our product is designed to complement traditional financing. As long as you meet our requirements, We can still provide you with financing without affecting you're other obligations. 

How will I submit payments?

As part of receiving funding, you will authorize Crystal Business Funding, to debit your bank account directly according to the amount and frequency specified in your financing agreement.

What if I want to pay the full amount early?

You can pay off your account in full at any time with no extra charges. In some instances, Crystal Business Funding, may even offer a discount for early payment in full, though certain restrictions may apply. It is recommended that you review your merchant agreement or speak directly with your account executive for details  on your prepayment  options. 

When am I eligible for renewal?

You will be eligible for a renewal once you have repaid between 40% and 60% of your advance, subject to satisfactory payment performance.

Do i withdraw payments on holidays?

We only withdraw payments from your account on days when banks are open, so you will not be debited on any U.S. bank holidays.