Frequently asked questions
Straight answers. If yours is not here, email us or use the contact page.
Is Enrichment Capital a lender?+
No. We are a business funding broker (an ISO). We match your business with funding partners and negotiate on your behalf. The funding agreement is between you and the funder.
Does applying affect my credit?+
No. We and most of our partners use a soft pull for pre-qualification. A hard inquiry only happens if you accept an offer that requires one, and we will tell you before that.
What does it cost me?+
Nothing to apply, nothing if you decline. We are paid a commission by the funder when a deal closes. We show you every offer's total payback in dollars so you can see exactly what the money costs.
How fast is funding?+
Most applications get offers the same business day. Funding is typically 24–72 hours after you sign, depending on the funder and your bank.
What is a merchant cash advance and is it right for me?+
An MCA is a purchase of a portion of your future sales, repaid through fixed daily or weekly debits. It is fast and credit-flexible but more expensive than a bank loan. It suits short, high-return needs (inventory for a big order, a season) and does not suit long-term debt. We will tell you if we think a term loan, line of credit or SBA fits better — even if it earns us less.
I already have advances. Can you help?+
Often yes: consolidation (one lower payment replacing several), a reverse consolidation, or an additional position if your cash flow genuinely supports it. We will not stack a position that we believe will hurt your business.
What industries do you work with?+
Almost all: construction, trucking, restaurants, retail, medical, auto, salons, e-commerce, manufacturing and more. A few (adult, cannabis, firearms, gambling) have limited options; ask us.
What credit score do I need?+
There is no minimum. Our partners fund owners with scores from the low 500s upward; a stronger score mostly means cheaper offers and longer terms. Revenue and time in business matter more than the score for most products.
Why do you need my SSN and date of birth?+
Funders are required to verify the identity of the owner and check personal credit (soft pull). Your SSN and DOB are encrypted with a key that is not stored in our database, shown masked to our staff, and every access is logged.
Where is my data stored and who can see it?+
In encrypted US-based cloud infrastructure. Only authorized Enrichment Capital staff with two-factor authentication can open your file, and only the funders you choose to submit to receive it. We never sell data.
Can I withdraw my application?+
Yes, at any time. Email us from the address on your application and we will withdraw it and, on request, delete your documents in line with our retention policy.