Can I Really Get Bad Credit Business Loans?Bad credit business loans are not offered by all lenders. If you have ever tried to borrow from your bank, you know this all too well. Many lenders consider a bad credit score to be a red flag that cannot be overcome, but our lenders are different. We work with lenders that truly do offer bad credit business loans for people who are trying to make their business a success. Apply today and see that a business loan with bad credit is a reality.
A Bad Credit Business Loan Is Based on Much More Than Just Credit
If you have been searching for a bad credit business loan and thought they didn’t really exist, you’re in luck. These loans are real and they are based on more than just a credit score, which is why a low score is not enough to disqualify an applicant. So what is approval based on? There are just three minimum requirements you need to meet: business operations for at least three months, minimum monthly revenue of $10,000, and a minimum credit score of 500. You don’t have to have a perfect credit score; you don’t have to process credit cards; and you don’t have to have collateral to get approved for these loans.
Bad Credit Business Loans Can Help You Improve Your Credit Score
To get your credit score back up to a better number, you can rely on using bad credit business loans. By adding more debt that you use responsibly, by repaying on time, you can bump up your score. The more positive credit you have, the more it will balance out any past mistakes you made. Your bad credit business loan could actually put you and your business in a better position with a better credit rating.
You Get Flexibility Too with Bad Credit Business Loans
If you are worried about being able to repay your bad credit business loan on time, rest assured that our lenders provide a lot of flexibility. They know the difficulties and the ups and downs of running a small business, so repayment comes with options that help you make payments in a way that works for your business and that won’t further harm your credit score. Our lenders also offer flexibility in how much you borrow. If you don’t need a $50,000 loan, you don’t have to borrow that much. Doing so may get you into more trouble. With these loans you can borrow between $2,000 and $1 million.
There is No Charge to Be Connected with Bad Credit Business Loan Lenders
When you apply for a bad credit business loan you get access to more than 50 top-notch business lenders. We connect you with these professionals so that you can find the lender that best meets your needs, and there is no charge for this service. It is completely free. There is nowhere else you can get such great access at no cost, so take advantage of it today. Use our online application to get started now on a bad credit business loan.