Frequently Asked Questions

Your first stop for getting the information you need.

FAQ's

These are some of the most popular questions about Blackrock’s products, answered here so you can save time and focus on your business. Don’t see your question here? No problem. Contact us and we’ll get you the information you need.

General Questions

  • What type of financing programs do you offer?

    We have two types of financing programs: the Revenue Advance and the Small Business Loan.

  • What are the basic qualifications for a Revenue Advance or Small Business Loan?

    Your business must be up-and-running for at least six months and generate $20,000 per month in gross sales.

  • What is your maximum amount my business can borrow with a small business loan?

    At present, we can loan up to $1.5 million.

  • How much working capital can I get?

    In general, a firm can qualify for 75 percent to 125 percent of its monthly gross sales. However, the percentage you receive will be based on your business's particular revenue and other details.

  • How long does a typical approval take to get funded?

    We usually fund in between 24 to 48 hours.

  • What's the difference between borrowing with you or getting a bank loan?

    We save you time and anxiety. Blackrock Consulting can provide funding needs in 24 to 48 hours after approval, as compared to a conventional bank's vetting process, which can take as long as three months. We've also created a stress-free, low-paperwork process that lets you focus on what's important — operating your business.

  • Can getting a Blackrock loan help in building my business credit?

    No. Receiving funding from us will not build your business credit. However, fulfilling your advance or loan terms is the first step on the path of getting additional funds from us in the future.

  • Can I use money to purchase an existing business?

    No. To work with us, you must be seeking funds for a business you currently own.

  • Would you still consider my application if I currently have one or more loans?

    We can either pay off your current balances or provide additional funding, depending on the particulars of your loan type(s), balance(s), and your cash flow. Contact us for more information.

  • I own more than one business. Can you underwrite all of them?

    Yes. We can underwrite and generate separate offers for each entity, provided each meets our financing requirements.

  • Can you underwrite multiple business bank accounts?

    Yes. We can do this if they're under the same EIN.

  • Are there restrictions on how I can utilize the funds?

    No. Our underwriting team will qualify your business based on the health of your business. You can use the money for business expenses as you see fit.

Get Financing Today

Get started with your application and join Blackrock's family of forward-thinking businesses.

Give Us A Call

972-200-0728
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