What Funding Can I Get With Bad Business Credit?

Bad business credit can make funding harder, but it does not remove every option. A business owner with a low credit score may still qualify for a business loan, SBA financing, a CDFI loan, equipment financing, invoice factoring, a merchant cash advance, or other small business funding. The cost and approval chances vary based on revenue, cash flow, time in business, debt, collateral, and personal credit. This guide explains what funding you can pursue with bad business credit and how to improve your chances of approval.

What Funding Can I Get With Bad Business Credit?

You can still find business funding with bad credit.

Your options may include:

• Small business loans for bad credit

• SBA loans

• CDFI financing

• Microloans

• Business lines of credit

• Equipment loans

• Invoice factoring

• Merchant cash advances

• Business credit cards

• Equity funding

• Investor capital

• Small business grants

Your business credit score is only one part of a funding decision.

A lender may also review your revenue, cash flow, debt, time in business, credit history, assets, collateral, industry, and ability to make payments.

For a startup company, your personal credit score may receive more attention because the business has little credit history.

The Small Business Administration states that new businesses often rely on the owner's personal credit when lenders assess eligibility. It also recommends maintaining both personal and business credit.

This means a low business credit score does not automatically end your search for funding.

The better question is:

What type of funding fits your business when traditional business loans are difficult to obtain?

What Is Bad Business Credit?

There is no single credit score that every lender uses to define bad business credit.

Business credit scoring models differ from personal credit scoring models.

A lender may review your business credit report, payment history, outstanding debt, credit utilization, public records, and other financial information.

Your personal credit score can also matter.

This is common when:

• Your business is new

• You have limited business credit history

• You apply for a small business loan that requires a personal guarantee

• The lender evaluates both personal and business credit

• Your company has limited revenue or assets

A credit score in the United States is usually only one part of a broader credit risk assessment.

Lenders want to know whether you can repay the money.

That means a business owner with poor credit but strong revenue may have more choices than a business with poor credit and weak cash flow.

Can You Get a Business Loan With Bad Credit?

Yes, you may get a business loan with bad credit.

The challenge is finding a lender whose credit requirements match your situation.

Traditional banks often use detailed underwriting.

They may review:

• Business credit score

• Personal credit score

• Credit history

• Annual revenue

• Monthly cash flow

• Debt

• Debt-to-income ratio

• Time in business

• Collateral

• Business plan

• Loan amount

• Type of business

An alternative lender may place more weight on recent business revenue and cash flow.

That can create another path for a business owner who cannot qualify for a traditional loan.

The tradeoff can be cost.

A lender taking greater credit risk may charge a higher interest rate, larger fee, or other financing cost.

Before you accept a bad credit business loan, calculate the total amount you will repay.

What Types of Business Loans Are Available for Bad Credit?

Different types of business loans serve different business needs.

A term loan can provide a lump sum that you repay over a fixed period.

A business line of credit can give you access to capital when you need it.

An equipment loan can help finance equipment used by your company.

A microloan can work when you need a smaller loan amount.

An SBA loan may offer another route when you meet the program and lender requirements.

Alternative business loans may have more flexible credit requirements than traditional bank loans.

Your choice should start with the reason you need money.

Ask yourself:

Do you need working capital, equipment, inventory, marketing money, debt refinancing, or funds to expand?

The answer can narrow your financing options.

Can You Get an SBA Loan With Bad Credit?

You may qualify for SBA financing with less-than-perfect credit, but bad credit does not guarantee approval.

The SBA says eligible 7(a) borrowers must be creditworthy and show a reasonable ability to repay. The borrower also applies through a participating lender rather than receiving a standard 7(a) loan directly from the SBA.

SBA lenders can consider credit score and credit history along with cash flow, equity, and collateral.

The SBA lender guidance specifically says lenders may use business credit scoring models, credit scores, credit history, cash flow, equity, and collateral when evaluating applicants.

This matters if your business has bad credit.

You may have a stronger application if you can show:

• Consistent revenue

• Positive cash flow

• A clear business purpose

• Reasonable existing debt

• Business assets

• Collateral when required

• Relevant industry experience

• A realistic repayment plan

The SBA's loan programs include 7(a), 504, and Microloan programs. The SBA describes Microloans as loans of up to $50,000 provided through intermediary lenders.

Can You Get an SBA Loan With a Low Credit Score?

There is no universal SBA minimum credit score that guarantees approval or rejection across every SBA loan.

The participating lender still evaluates your application.

This means you should not focus only on finding a stated minimum credit score.

Look at the complete credit profile.

For example, imagine a business owner has a low personal credit score but operates a company that has generated steady revenue for four years.

The business has:

• Consistent bank deposits

• Few late payments

• Manageable debt

• Positive cash flow

• Valuable equipment

• A clear reason for borrowing

That application can look different from a startup with low personal credit, no revenue, no assets, and no operating history.

Credit risk is assessed in context.

What Funding Can I Get With Bad Business Credit From a CDFI?

A Community Development Financial Institution may provide another option for businesses that struggle to access traditional finance.

The CDFI Fund does not directly make most loans to small businesses. Instead, it provides resources to certified CDFIs that can provide financing to entrepreneurs and businesses.

CDFIs can include:

• Banks

• Credit unions

• Loan funds

• Venture capital funds

• Other qualifying financial organizations

The CDFI Fund provides tools for businesses looking for a local CDFI.

This can be useful when a traditional bank says no.

A CDFI may consider factors beyond a simple credit score.

You still need to meet that lender's requirements.

You should compare:

• Interest rate

• Fees

• Repayment period

• Payment frequency

• Collateral

• Personal guarantee

• Total repayment

Do not choose a lender only because it accepts lower credit scores.

Can You Get a Small Business Loan With Bad Credit From a Credit Union?

A credit union can be another place to investigate.

Credit unions may offer small business financing, business credit cards, lines of credit, and other products depending on their membership rules and lending programs.

Your local credit union may evaluate your business differently from a national bank.

Before applying, ask about:

• Minimum credit score

• Minimum revenue

• Time in business

• Business credit requirements

• Personal credit requirements

• Collateral

• Personal guarantee

• Loan fees

• Interest rate

A credit union may not approve an application simply because your business is local.

You still need to demonstrate that you can repay the debt.

Can You Get Business Funding With Bad Credit Through a Business Line of Credit?

A business line of credit can be useful when your business needs access to cash rather than one large payment.

For example, suppose your company needs $20,000 for inventory today but may need another $10,000 next month.

A line of credit may provide more flexibility than taking a single large term loan.

The lender may evaluate:

• Revenue

• Cash flow

• Credit history

• Time in business

• Existing debt

• Bank transactions

• Personal credit

Some alternative lenders may offer lines of credit to businesses with lower credit scores.

The cost can be higher than a traditional bank line.

Look at the full agreement before accepting the facility.

Can You Get Equipment Loans With Bad Credit?

Equipment financing can be possible even when your credit is weak.

The equipment itself can serve as an asset connected to the financing.

Examples include:

• Restaurant equipment

• Construction equipment

• Manufacturing machinery

• Commercial vehicles

• Medical equipment

• Computer systems

• Office equipment

The lender may consider the value and useful life of the equipment along with your business revenue and credit profile.

This can make equipment financing different from an unsecured business loan.

If the equipment generates income, explain that clearly.

For example, a contractor seeking $40,000 for a machine that will allow the company to accept larger contracts can present a specific business case.

The lender still needs evidence that the business can make the payment.

Can You Get Invoice Financing With Bad Business Credit?

Invoice financing can be useful when your company has unpaid invoices but needs cash before customers pay.

Suppose your company has $80,000 in invoices due in 60 days.

Waiting two months can create a cash flow problem.

Invoice factoring or invoice financing may allow you to receive money against eligible invoices before the customers pay.

The financing company may focus heavily on the credit quality of your customers and the invoices.

This can make the business owner's credit less central in some arrangements.

The cost can include fees and other charges.

Before accepting invoice factoring, calculate how much cash you receive and how much the financing costs.

Also understand what happens if your customer pays late or fails to pay.

Can a Merchant Cash Advance Help With Bad Business Credit?

A merchant cash advance can provide funding based on expected future business sales.

The provider gives the business money upfront.

The business then repays the amount through an agreed method tied to future revenue or sales.

This type of financing may be available to businesses that cannot obtain traditional business loans.

But the repayment structure can create pressure on cash flow.

The Federal Trade Commission has taken action against merchant cash advance providers over alleged deceptive practices involving small businesses.

That does not mean every merchant cash advance provider operates the same way.

It means you should read the contract carefully.

Check:

• Total repayment

• Factor rate

• Fees

• Payment frequency

• Estimated repayment period

• Personal guarantee

• Confession of judgment provisions where applicable

• What happens if revenue falls

Ask a simple question:

How much cash will leave my business before this funding is fully repaid?

Can You Get a Business Credit Card With Bad Credit?

A business credit card can be difficult to obtain with a low personal or business credit score.

Your personal credit can matter, especially if the card issuer requires a personal guarantee.

Some secured credit cards may be easier to qualify for than unsecured cards.

A secured card may require a cash deposit that supports the credit limit.

A business credit card can help establish payment history when the issuer reports activity to business credit bureaus.

But you should not use a credit card to fund long-term expenses if the interest cost is too high.

A card may work for short-term purchases when you have a clear plan to repay the balance.

It can become expensive when you carry debt from month to month.

Can You Get a Business Loan With Just an EIN Number?

An EIN identifies your business for federal tax purposes.

An EIN does not guarantee that a lender will approve you for a business loan.

A lender may still request:

• Personal identification

• Personal credit information

• Business credit information

• Bank statements

• Tax returns

• Revenue records

• Business formation documents

• Financial statements

• Business plan

• Information about existing debt

A new business with little credit history may need to rely on the owner's personal credit.

This is why an EIN alone is rarely enough to secure meaningful business financing.

Can an LLC Get a Loan With Bad Credit?

Yes, an LLC can apply for financing even when the business or owner has poor credit.

The LLC structure does not automatically create a loan approval.

A lender may evaluate both the company and the owner.

The lender may ask about:

• Business revenue

• Business credit score

• Personal credit score

• Time in business

• Existing debt

• Assets

• Collateral

• Cash flow

• Business purpose

An LLC can also apply for grants when it meets the requirements of a particular grant program.

You should not assume that an LLC automatically qualifies for government grant money.

Eligibility depends on the specific program.

Can You Get a Startup Business Loan With Bad Credit?

Getting a startup business loan with bad credit can be harder because a startup has limited financial history.

The lender may have less evidence that the company can repay the loan.

A startup may need to show:

• Strong business plan

• Industry experience

• Personal investment

• Clear customer demand

• Expected revenue

• Contracts or purchase orders

• Collateral

• Detailed use of funds

A startup owner with poor personal credit may have fewer traditional loan options.

Other funding sources may include:

• Small business grants

• Microloans

• Investor capital

• Equity funding

• Crowdfunding

• Business credit products

• Equipment financing

If you are starting a company, you should also work on your personal and business credit before requesting larger amounts of funding.

What Are the Chances of Approval for Business Loans With Bad Credit?

Your chances depend on more than your credit score.

A lender may consider your overall financial position.

Strong business revenue can help.

Stable cash flow can help.

Collateral can help.

A longer time in business can help.

A lower loan amount can help.

A clear business plan can help.

Existing debt can reduce your borrowing capacity.

Recent missed payments can make approval harder.

A lender may also review the reason for the credit problems.

There is a difference between a temporary credit problem and a pattern of unpaid debt.

Ask yourself:

If you were the lender, would the company's current cash flow give you confidence that the loan payment could be made every month?

That question can help you prepare before applying.

What Credit Score Is Considered Bad for a Business Loan?

There is no universal business credit score cutoff that applies to every lender.

Different scoring systems use different ranges.

A lender may also use its own underwriting model.

For this reason, terms such as poor credit, low credit, or bad credit should not be treated as exact approval categories.

Your business may have one score with one credit bureau and a different score under another model.

Your personal credit score can also be part of the review.

Instead of asking only:

"What minimum credit score do I need?"

Ask:

"What other factors can strengthen my application?"

That can lead to better preparation.

How Does Personal Credit Affect Business Funding?

Personal credit can matter a lot when you own a small business.

This is especially true for a startup or a company with limited business credit history.

The SBA states that lenders use credit history when assessing business loan applications and that new business eligibility is often based on the owner's personal credit score.

A lender may also require a personal guarantee.

That means you should understand the relationship between your personal credit and your business credit.

Work on both.

Pay accounts on time.

Keep balances under control.

Review your credit reports.

Avoid unnecessary applications.

Build a track record of responsible payments.

How Can You Improve Your Chances of Getting Approved With Bad Credit?

You can take steps before applying for a business loan.

Start by checking your credit reports.

Look for incorrect information.

Review outstanding debt.

Check your business bank statements.

Calculate your average monthly revenue.

Calculate your monthly operating expenses.

Then determine how much money you can realistically use for loan payments.

Lenders want to see repayment ability.

A strong application should explain:

• How much you need

• What you will use it for

• How the money will generate revenue

• How you will repay it

• What assets support the application

• What your current cash flow looks like

A smaller loan request may also be easier to support.

If you need $15,000 to purchase inventory, do not automatically apply for $100,000.

Request an amount that matches your business need and repayment capacity.

How Can You Improve Your Business Credit Score?

Building business credit takes time.

Start by separating personal and business financial activity.

Use a business bank account.

Pay business creditors on time.

Use business credit responsibly.

Monitor your business credit report.

Keep accurate records.

Avoid taking on debt that your cash flow cannot support.

A business credit card may help establish business credit when the issuer reports activity to business credit bureaus.

But credit should be used with a clear repayment plan.

The goal is not to borrow as much as possible.

The goal is to create a reliable payment history.

What If You Have Bad Credit and No Money?

Starting a business with bad credit and no money is difficult, but some paths may still exist.

You can investigate grants.

You can look for nonprofit programs.

You can research microcredit.

You can seek an investor.

You can consider equity funding.

You can start with a service business that requires less startup capital.

You can also seek mentorship before taking on debt.

If you need help understanding business planning, funding, and growth, small business mentorship can be a useful starting point.

The key question is:

What can you start or improve without taking on debt that your current cash flow cannot support?

Can Small Business Grants Help if You Have Bad Credit?

A grant can be useful because it generally does not work like a traditional loan.

Your credit score may not be the central factor in every grant program.

Grant requirements vary.

Some programs focus on:

• Industry

• Location

• Research

• Economic development

• Community development

• Business ownership

• Specific projects

• Job creation

A business with bad credit should not assume that grants are guaranteed.

You still need to meet the program requirements.

You should also research the source of the grant and understand the application terms.

You can explore small business grant resources when searching for programs that may fit your business.

Can an Investor Fund a Business With Bad Credit?

An investor may care less about your credit score than a traditional creditor.

An investor may focus on:

• Business model

• Revenue potential

• Market

• Customer demand

• Management

• Growth plan

• Ownership structure

• Expected return

Equity funding does not work like debt.

Instead of making a loan payment, you may give an investor an ownership share in your company.

That can reduce immediate cash pressure.

But you give up part of the business.

For some startup companies, this may make more sense than taking a high-cost loan.

For a stable small business, the owner may prefer debt to avoid giving up equity.

What Is Subprime Lending for Small Businesses?

Subprime lending refers to financing offered to borrowers with higher credit risk.

A business owner with a low credit score may fall into a higher-risk lending category.

This can lead to:

• Higher interest

• Higher fees

• Shorter repayment periods

• More frequent payments

• Collateral requirements

• Personal guarantees

A lender is pricing the perceived risk of repayment.

That does not mean every subprime loan is a bad choice.

It means you should calculate whether the business can afford it.

For example, borrowing $25,000 may help you complete a contract worth $60,000.

If the financing cost is reasonable and your cash flow supports repayment, the loan may make financial sense.

If the same loan only covers general expenses without a clear path to repayment, the risk is different.

What About Unsecured Debt With Bad Business Credit?

Unsecured debt does not require a specific asset as collateral.

Business credit cards and some business loans can fall into this category.

Because the lender does not have a specific asset to recover, the lender may place greater weight on credit history, revenue, cash flow, or a personal guarantee.

Collateral can reduce the lender's exposure.

An unsecured loan can therefore carry a higher interest rate than a secured loan.

You should compare both options if you have eligible assets.

Can Collateral Help You Get a Business Loan With Bad Credit?

Collateral can strengthen some loan applications.

Examples include:

• Equipment

• Commercial property

• Vehicles

• Accounts receivable

• Other qualifying business assets

The lender may consider the value of the asset when assessing credit risk.

But collateral does not guarantee approval.

The lender still wants to know whether your company can make payments.

If you pledge an asset, understand the consequences if the business fails to repay the loan.

Can Cash Flow Matter More Than Credit Score?

For some financing products, cash flow can be a major part of the credit decision.

Imagine two businesses.

Business A has a higher credit score but irregular revenue and weak cash flow.

Business B has a lower credit score but receives consistent monthly payments from customers and has enough cash flow to support a loan payment.

A lender may view the two businesses differently.

This is why bank statements, revenue records, invoices, and financial statements can matter.

Cash flow shows what money enters and leaves the business.

Credit history shows how you have handled credit obligations.

Lenders can look at both.

Can GreenBox Capital Provide Funding for Bad Credit?

GreenBox Capital is one example of an alternative business finance provider that has marketed financing products to small businesses.

If you research a provider such as Greenbox Capital, compare its current terms with other financing options.

Do not choose a lender simply because it advertises funding for bad credit.

Compare:

• Financing amount

• Total repayment

• Fees

• Payment frequency

• Contract terms

• Early repayment conditions

• Personal guarantee

• Collateral

• Effect on cash flow

The same comparison should apply to every alternative lender.

What Documents Do You Need for a Bad Credit Business Loan?

Your documents can help the lender understand your current financial position.

You may need:

• Business bank statements

• Tax returns

• Profit and loss statements

• Balance sheets

• Accounts receivable records

• Business formation documents

• EIN

• Identification

• Existing loan information

• Business plan

• Revenue records

• Contracts or invoices

The exact requirements depend on the lender and loan product.

Organizing these documents before applying can make the process easier.

It can also help you identify financial problems before a lender does.

How Do You Get a Business Loan With Bad Credit?

Start by identifying the exact funding need.

Do not begin with the lender.

Begin with the business problem.

If you need equipment, research equipment loans.

If you need working capital, compare a line of credit, term loan, CDFI financing, and other working capital products.

If customers owe you money, investigate invoice financing.

If you qualify for a grant, investigate grant programs.

If you have strong growth potential, consider investors or equity financing.

Then compare lenders.

The SBA provides a Lender Match service that can connect businesses with potential SBA lenders and encourages borrowers to compare rates, terms, and fees.

The Federal Trade Commission also explains that businesses can request specific reasons when a creditor rejects a business credit application.

That information can help you understand what to improve before applying again.

What Are the Best Business Loans for Bad Credit?

The best business loan for bad credit depends on the reason you need the money.

A microloan may fit a small funding requirement.

An equipment loan may fit a specific equipment purchase.

A CDFI loan may fit a business that needs a lender with a community-focused mission.

An SBA loan may fit an eligible business that can demonstrate repayment ability.

A line of credit may fit recurring working capital needs.

Invoice factoring may fit a company with reliable unpaid invoices.

A merchant cash advance may provide access to capital based on sales but can create a high cash flow burden.

A business credit card may work for short-term expenses when you can repay the balance.

There is no single best option for every business owner with poor credit.

What Should You Do Before Applying for a Small Business Loan With Bad Credit?

Take these steps before submitting an application:

• Check your personal credit report

• Check your business credit report

• Review your outstanding debt

• Calculate monthly revenue

• Calculate monthly expenses

• Calculate available cash flow

• Identify your funding purpose

• Decide the minimum amount you need

• Gather financial documents

• Review available collateral

• Compare several lenders

• Calculate total repayment

You may also want to improve your credit before applying for a larger loan.

A few months of consistent payments and stronger cash flow can change your financial profile.

How Can AI Help a Business With Bad Credit?

Funding is one way to solve a business problem.

Reducing expenses can be another.

AI tools can help a small business owner with:

• Marketing

• Customer communication

• Research

• Content creation

• Administrative tasks

• Data analysis

• Lead management

• Scheduling

• Sales support

• Customer service

For example, a business that spends several hours each week creating marketing content may use AI tools to reduce the time required for research and first drafts.

That can free up time for sales and customer service.

Better business processes can also help improve cash flow.

If you want to learn how AI can support your business, explore AI for small business.

The goal should be practical.

Ask:

What task costs my business the most time each week, and can technology reduce that cost?

What If a Bank Rejects Your Business Loan?

A rejection does not mean you have no options.

First, find out why the lender rejected the application.

The reason may involve:

• Low credit score

• Poor credit history

• Insufficient revenue

• High debt

• Weak cash flow

• Short time in business

• Lack of collateral

• Loan amount

• Industry risk

If your credit score is the problem, work on your credit.

If revenue is the problem, focus on sales and cash flow.

If the requested loan amount is too high, consider a smaller loan.

If the lender's credit requirements are too strict, investigate CDFIs, credit unions, microloans, equipment financing, or other business financing.

Do not respond to one rejection by applying everywhere.

Multiple applications can create additional credit inquiries depending on the lender and product.

Research first.

Can You Build Business Credit After Getting a Bad Credit Business Loan?

Yes, responsible repayment can help build a stronger credit history when the lender reports payment activity to business credit bureaus.

Before accepting financing, ask:

Does this lender report payments to business credit bureaus?

If it does, timely payments may help establish a better business credit record.

Your goal should be to use the financing to strengthen the company.

For example, using a loan to purchase equipment that increases revenue may help the business generate enough cash flow for repayment.

Using a loan simply to cover recurring losses can create another debt problem.

The purpose of the money matters.

What Funding Can I Get With Bad Business Credit and Low Revenue?

Low credit and low revenue can make traditional business financing harder.

Your options may include:

• Small grants

• Microloans

• Community-based programs

• Investor funding

• Equity financing

• Small secured loans

• Equipment financing

• Invoice financing if you have qualifying invoices

A lender wants evidence that the company can repay debt.

If revenue is still developing, equity or grant funding may be more appropriate than taking on expensive debt.

Your business plan should explain how the company will generate revenue.

A lender or investor needs to understand the path from funding to business income.

What Funding Can I Get With Bad Business Credit if I Need $5,000?

A smaller funding need can open different options.

You might consider:

• Microloans

• Small business credit products

• CDFI financing

• Equipment financing

• Grants

• Business credit cards

• Owner investment

A $5,000 need should not automatically lead to a $25,000 loan.

Borrow only what the business needs and can repay.

If you need $5,000 for inventory and expect that inventory to generate $12,000 in sales, calculate the expected gross margin and payment obligation before borrowing.

The numbers should support the decision.

What Funding Can I Get With Bad Business Credit if I Need $50,000?

At $50,000, you have more financing possibilities but also more repayment responsibility.

You may investigate:

• SBA Microloans

• SBA 7(a) financing

• CDFI loans

• Bank loans

• Credit union loans

• Equipment financing

• Business lines of credit

• Invoice financing

• Alternative business loans

The SBA states that its Microloan program provides loans of $50,000 or less through intermediary lenders.

Your best option will depend on what the money will fund.

A $50,000 equipment purchase is different from $50,000 for payroll.

The lender may also evaluate the expected return from the funding.

How Can You Fund Your Business While Improving Your Credit?

You do not have to choose between funding and credit improvement.

The right financing can help you build a stronger payment record.

Start with manageable debt.

Make every payment on time.

Do not borrow more than your cash flow supports.

Keep business and personal finances separate.

Monitor your credit reports.

Build relationships with banks and credit unions.

Maintain clean financial records.

Over time, stronger credit can give you access to more traditional business loans.

That can reduce your reliance on high-cost financing.

What Is the Best Strategy for Business Owners With Bad Credit?

Start with the least expensive option you can realistically qualify for.

If you qualify for a grant, investigate it.

If you qualify for a low-cost CDFI or SBA loan, compare it with alternatives.

If you need equipment, compare equipment financing.

If you have reliable invoices, research invoice financing.

If you need flexible working capital, compare lines of credit.

If you have investors interested in your company, compare equity funding with debt.

Do not choose financing based only on approval speed.

Look at the total cost.

A lender that approves you quickly may charge more.

A loan with a lower monthly payment may have a longer term and higher total interest.

A funding provider that accepts low credit may require frequent payments that reduce your working capital.

Your business needs to survive after you receive the money.

What Funding Can I Get With Bad Business Credit?

You may have more options than you expect.

A low business credit score can make traditional business loans harder to obtain, but it does not automatically prevent you from accessing capital.

Your options can include SBA loans, CDFI financing, microloans, business lines of credit, equipment loans, invoice factoring, merchant cash advances, business credit cards, grants, investors, and equity funding.

The strongest option depends on your business.

Look at your credit history.

Review your personal credit score.

Calculate your revenue.

Review your cash flow.

Understand your debt.

Identify available collateral.

Decide exactly how much funding you need.

Then compare lenders and financing products.

If you need help preparing your business for funding, Another Chance for Small Businesses provides resources focused on business growth, funding, education, and support.

Bad credit describes your current credit position.

It does not have to define your next funding decision.

Your next step should be based on what your business can afford, what the funding will accomplish, and which lender offers terms that fit your current financial position.