Crypto and Blockchain Business Funding

Why lenders say no to cryptocurrency, blockchain & digital assets businesses

• FinCEN guidance treats exchangers and administrators of convertible virtual currency as money transmitters, bringing registration, an anti-money-laundering program and state licensing that a lender inherits by funding the business.
• Revenue at a miner, exchange or custodian moves with asset prices the company does not control, so a lender cannot say what cash flow or collateral will be worth at maturity.
• Several banks that served the sector failed or wound down in 2022 and 2023, and most of the rest withdrew accounts and credit from digital-asset companies.
• The SBA rule excludes businesses primarily engaged in lending and speculative businesses, which an SBA lender can read to cover crypto lending platforms and trading operations.
• Major payment processors list cryptocurrency mining among restricted businesses, and several large online lenders restrict money services businesses, closing the fastest mainstream capital.
• Revenue that exists only as a token, or that sits on an exchange rather than in a bank account, is not revenue to a lender until it is converted to dollars.

What actually gets funded

• Equipment financing and leasing: ASIC miners, containers, transformers and switchgear financed by specialist equipment lenders and lessors on resale value and the power contract, with larger down payments and shorter terms than ordinary equipment.
• Receivables financing: Factoring or a receivables line against invoices a blockchain software, infrastructure or services company sends to business customers. The lender underwrites the customer paying the invoice, not the sector.
• Revenue-based financing: An advance against recurring fiat revenue, repaid as a fixed share of monthly receipts. Fits subscription and fee businesses with twelve months of dollar deposits. Fast and priced accordingly.
• Venture debt and private credit: Term loans alongside institutional equity rounds, and asset-backed facilities secured by mining fleets, hosting contracts or receivables books, for larger companies that can carry covenants and deeper diligence.
• Bank-statement and unsecured loans: Short-term loans from non-bank lenders sized on dollar deposits and the owner's credit, for a crypto business with clean statements that nothing else fits yet.
• Digital-asset-collateralized loans: Dollar loans against bitcoin and a few other liquid assets held in custody, from a small group of specialist lenders, at conservative advance rates and with margin calls if prices fall.

Cryptocurrency, Blockchain & Digital Assets funding guides

• Working Capital and Banking for a Crypto Business: What Lenders Need to See — A crypto business gets a bank account and working capital by showing both the same operating file: a compliance program, a fiat on-ramp, treasury held apart from operations and revenue in dollars. The products and how each works.
• Debt Financing for Blockchain Startups: Venture Debt, Revenue-Based and Receivables — Debt financing for a blockchain startup is available when the company has revenue in dollars, an institutional equity sponsor or invoices to business customers. What non-dilutive capital looks like and how to present a token.
• Bitcoin Mining Equipment Financing: ASICs, Containers and Power Infrastructure — Bitcoin mining equipment financing exists through equipment lenders, lessors and private credit funds that price ASIC resale value, power cost and the hosting contract. What each asset class attracts and what the file must contain.
• Why Banks Decline Cryptocurrency Companies, and the Capital That Is Available — Banks decline cryptocurrency companies on policy, before any credit review: BSA and AML exposure, money transmitter status and revenue tied to asset prices. Here is what each reason means and which lenders fund the sector anyway.
• Crypto Business Loans: Financing for Exchanges, Miners and Blockchain Companies — Crypto business loans exist, but they come from equipment, receivables, revenue-based, venture debt and private credit lenders rather than banks. What is open, what is closed, and what a fundable digital-asset file looks like.

How MercFinancial places cryptocurrency, blockchain & digital assets requests

MercFinancial is a commercial funding brokerage in Houston, not a lender, and it does not run a crypto program. It reads the file first: the business model, the licensing position, the revenue in dollars, the assets a lender could hold and the owners' credit. From more than 160 wholesale and institutional funding sources, it identifies the ones whose credit policy allows a digital-asset business and the structure the file supports, and it places one file with all of them rather than sending you to apply one lender at a time.

The offers come back and are compared on cost, term, advance rate, collateral and covenants, in plain terms. When nothing fits, MercFinancial says so and names what would change the answer. Availability always depends on the funding source. Stephanie, the AI lending assistant, pre-qualifies a request in two to three minutes with a soft credit pull that does not affect the credit score, and a free thirty-minute call with a funding specialist is booked at the contact page or by phone at (830) 587-5022.

Frequently asked questions

Can a cryptocurrency company get a business loan?

Yes, when the loan is secured by an asset a lender can value or repaid from revenue in dollars. Equipment lenders finance mining hardware, receivables lenders advance on invoices to business customers, revenue-based funders advance on recurring fiat receipts, and venture debt follows institutional equity. Most banks decline the sector, so the path runs through non-bank funding sources, and availability depends on each one's policy.

Which lenders fund crypto businesses?

Equipment lenders and lessors for miners, containers and power infrastructure, receivables lenders for dollar invoices, revenue-based funders for recurring fiat revenue, venture debt and private credit funds for larger companies with equity sponsors or hard assets, and a few specialists that lend against bitcoin held in custody. Each funds one asset or cash flow rather than the business as a whole.

Can a crypto business get an SBA loan?

Sometimes. The SBA rule excludes businesses primarily engaged in lending and speculative businesses, which closes it to crypto lending platforms and many trading operations. A blockchain software company that bills customers in dollars is not excluded by the rule, but it still needs an SBA lender whose own policy allows the sector, and most decline it.

Is bitcoin mining equipment financeable?

Yes, through specialist equipment lenders, lessors and private credit funds, with a larger down payment and a shorter term than ordinary equipment because ASIC resale values fall fast. A signed power or hosting agreement is the document that makes the file work. Containers, transformers and switchgear attract more conventional terms than the miners themselves.

What does a crypto company need to show a lender?

Twelve months of bank statements showing revenue in dollars, a written anti-money-laundering program and a letter from counsel on money transmitter licensing, a treasury of digital assets held separately from operating cash, equipment schedules or customer contracts behind the collateral, financial statements, and personal financial statements and credit for each principal owner.

Financing for this industry

• Business Funding — Eight programs, one file, 160+ lenders.
• Unsecured Business Loans — Term loans and lines without specific collateral, for businesses with steady deposits.

Related industries

• Check Cashing, Money Transmitters & MSBs
• Startups, Pre-Revenue & AI Companies
• Payday, Title & Consumer Finance Companies