Business Funding with Bad Credit
We provide small and medium sized businesses with business funding with bad credit and the process is hassle free, quick and simple for small businesses. Most businesses qualify for the funding and don’t face any problem whatsoever obtaining the funding from us. We do however advise small businesses to be ‘decided’ about the funding they’re applying for.
Banks don’t fund small businesses so easily anymore. In fact banks now consider small businesses to be ‘high risk investments’. As a result of this view point of the banks, their qualification criteria are very stringent, and most small businesses fail to make the cut.
We do however provide small businesses with the business funding with bad credit that they require, and our qualification criteria are completely different to those of the banks. As a result of our easy qualification criteria mentioned below here, most small businesses can qualify easily.
- The owner of the business should not be in any form of active bankruptcy.
- The business needs to be at least 12 months old and a running business
- The gross income of the business needs to be at least $10 thousand or over.
These are the simple qualification criteria, and looking at these criteria any small business owner will be able to ascertain whether they qualify for the funding or not. Also mentioned here are the other features that make the entire process user friendly and hassle free.
Business Funding Bad Credit
The processing time frames that we take are very quick business funding bad credit, and at the quickest we can provide the funding within 48 to 72 hours. The maximum time we would take is a week to ten days and not over that. Banks on the other hand will require at least a couple of months or over that period of time.
We do not ask for credit scores because they are not a part of our qualification criteria. Typically we work with credit scores that are in the low to mid-500s as well, and we do fund them. Banks on the other hand will not work with credit scores that are below 700s.
Collateral can be a real problem for small businesses that don’t have it, and luckily for them we don’t require that either. Our loans are all unsecured loans and that is beneficial to small business owners. Banks don’t provide small businesses with unsecured loans.
For more information related to the business funding bad credit that we provide, contact us. Our funding team will provide you with the information you require and assist you with the application. For those that wish to fill the application form themselves, simply click on the ‘apply now’ tab and fill in your details.
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