#bad credit business loans
Bad Credit Business Loans
Grow Your Business Even with Poor Credit
A poor credit history severely limits your chances of securing a conventional bank business loan. Banks usually deem a business with bad credit history too much of a risk. Even if you somehow manage to convince them of the viability and growth potential of your business, it is highly unlikely that you will be able to acquire funds through traditional means. But, there are still non-traditional lenders who might be willing to offer their assistance. The truth is that bad credit business loans can be found, but the question you must ask yourself is if it is right for your business.
Business Funding Solutions for Businesses with Bad Credit
It is true that bad credit can discourage a traditional lender, but there is still hope for securing financing for your business. Boost Capital offers small business loans that do not carry the burden of a perfect credit history requirement. Your total monthly gross sales and ability to generate revenue plays a more significant role in your approval for funding than your credit score.
A small business loan from Boost Capital could be the answer you have been looking for. This business financing solution has huge advantages for small business owners.
- Funds are available to you even with poor/bad credit history
- No need for business plans or extensive financial records
- Repayment is dependent on your total monthly gross sales
- Use these funds however you see fit for your business
An important feature of a small business loan is that it does not show up on your credit report as a loan from the bank would. This means that you are free to pursue other financing opportunities.
Put aside your worries about bad credit. Business loans from the bank are not your only option. The flexibility of a small business loan from Boost Capital could be exactly the business financing solution you have been searching for.
For more information on bad credit business loans, click here or call 0800 138 9080 today!