How To Get A Business Loan Even If Your Credit Is Terrible

---

Having bad credit is a big problem for many of our clients, as they ruined their credit at the beginning stages of their business but still persevered. Now they’re in a place where they have outstanding business financials but their credit score sucks, and in turn, is preventing them from getting a loan and reaching the next level of operating their business whether be:

• Expanding their marketing budget
• Making payroll
• Hiring new employees
• Purchasing inventory

It’s not fair to them because they can clearly repay the loan and shouldn’t be penalized for mistakes they made years ago, which is also the same reason why most people are using alternative loans. 

These alternative loans work for them because instead of using their personal credit score they focus on specific events such as: 

• Upcoming invoices
• Purchase orders
• Credit card sales 
• Etc

This main difference in the underwriting process allows them to get a business loan even if their credit is terrible. 

These are a few of the different lending options we use to help these clients:

• Invoice factoring 
• Purchase order financing 
• Merchant cash advance 

Our process is swift and simple and we can close within 2-4 business days upon completing the application.