Our Loan Officer knew exactly how to meet our needs. We were approved for our loan in 24 hours. This short term loan allowed us to grow and we’re launching new products.
Business Loans with Bad Credit feature simple paperwork, fast approvals, quick funding, fixed payments, and no collateral. If you’re a business owner trying to get a small business loan, low credit can stop you from getting the funds you are seeking. Even if you’re business is well run and bringing in consistent revenue, many banks & lending companies will denied you if their strict requirements are not met. Fortunately there are options for business owners with bad credit that can get the capital you need. Loans for businesses are based on calculations of cash flow. If a business can show on paper that they can afford to make a payment. Then a bank will be more likely to extend a loan offer to that business. Instead of only analyzing your credit score, we evaluate the cash flow in your business to determine how much you are eligible for – even with bad credit.
Business Loans with Bad Credit. Just because you have been denied a business loan that does not mean you cannot get quick and reliable access to the capital your business needs. We look forward to creating a funding relationship with your business based on mutual trust. Don’t be discouraged from maximizing business potential by a poor credit score or rocky financial history. If your business has been in operation for at least 3 months with monthly grosses of $7500 to $8000 or more, then you can qualify for a capital business loan, even if you have bad credit and outstanding loans. Cash amounts range from $1,000 to $1,000,000. Once your initial advance is 50% repaid, you are free to apply for refinancing up to 200% of the original funded amount.