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Business loans with bad credit: options that lean on your revenue
A low credit score closes some doors, not all of them. These funding types focus on the money moving through your business.
Many funders weigh your monthly revenue and bank activity more than your credit score. If your business has steady deposits, you likely have options.
Options to consider
- Revenue-based financing
- Merchant cash advance
- Invoice factoring (your customers' credit matters more)
- Equipment financing (the equipment secures it)
- Working capital from alternative funders
Improve your odds
- Keep business income in one business account.
- Avoid overdrafts before applying.
- Borrow what you need, not the maximum offered.
- Pay on time to build a record for better terms next time.
Full guide: how to get a business loan with bad credit.
Questions owners ask
What credit score do I need for a business loan?
It depends on the lender and product. Banks generally want good credit; many alternative funders focus on revenue and accept lower scores, usually at a higher cost.
Related
All business funding options › · Calculators ›
General information, not financial or legal advice. Terms vary by lender and business.
A weak credit score is not the end of the conversation when the deposits are there. Merchant Fund Express weighs bank statements far more heavily than the score, and a real underwriter reads the file rather than an algorithm rejecting it.
Merchant Fund Express is a partner of The Company Chronicle. Funding subject to approval.