Tag Archives for Bad Credit Loans

Bad credit means you have a low credit score. Any score between 300 and 620 will make it difficult to get loans, credit cards, or reasonable interest rates. An unsecured bad credit loan means that borrowers sign a contract and promise to repay their loan according to the terms and conditions of their loan. If they fail to repay their loan, the lender may pursue a collection of the money owed through a collections agency or other legal mechanism.

Tips To Qualify For a Startup Business Loan with Bad Credit

Bad Credit Business Loans

Entrepreneurship is risky, and all ventures require some form of capital investment. In the earliest stages of business, owners may tap into their credit and savings to give their businesses a headstart. These and other factors can severely impact your personal and business credit. Even so, there are lenders who are willing to take a chance on riskier businesses and lenders. The trick is knowing how to get a business loan with bad credit. How To Get a Bad Credit Read More


How To Get A Small Business Loan With Bad Credit

Bad credit history report

Applying for bad credit truck loans, equipment loans, and similar programs is an excellent solution for business owners facing credit issues. Here are six important steps for success. 1. Evaluate Your Options Whatever the cause of poor credit, there are small business loans you can qualify for. Maybe you’ve been asking, “How to get a business loan with bad credit?” Because small business loans are specifically designed for businesses with bad credit, it’s much easier to get approved. These options still provide low-interest Read More


The Business Owner’s Guide To Equipment Financing Bad Credit

excavator heavy equipment

If your goal is to obtain valuable equipment for your business, equipment loans for bad credit programs are an excellent way to make it happen. There’s no need to save up for years to get the equipment your business needs right now. With the right financing, you can invest in state-of-the-art equipment that gives you an edge over competitors. Here is everything you need to know to get started. Why Is Equipment Financing Important for Your Business? Using capital to purchase or lease equipment Read More


Top Equipment Financing Solutions for Bad Credit in 2020

Top Equipment Financing Solutions for Bad Credit

Having access to equipment financing for bad credit is essential for every business. Modern equipment helps your employees work smarter, not harder. Here are several financing options for buying the equipment you need in 2020 and beyond. 1. Bad Credit Equipment Financing At First Capital Business Finance, we have a lot of experience with companies that don’t meet the minimum credit rating of 680 usually required by lenders. Our team understands that many businesses, large and small, end up with credit issues due to unexpected circumstances. Our equipment financing bad Read More


Top 10 Industries Bad Credit Business Loans Can Help

Top 10 Industries Bad Credit Business Loans Can Help

Bad credit business loans help many small businesses get the financing needed for success. What is a poor credit score? Generally, a credit rating under 600 makes it difficult to find an approval for traditional loans. You can still get business funding with bad credit. Contrary to what you may think, you don’t have to accept absurd interest rates to qualify. All you need to do is select financing designed specifically for businesses with past credit issues. 10 Industries That Benefit From Bad Credit Business Read More


Best Bad Credit Business Loans for 2020

Bad Credit Business Loans

Most business loans are based primarily on credit or may be based on a combination of credit and collateral. This can be a problem for new businesses that don’t have established credit or collateral. Fortunately, there are financing alternatives available for those who don’t meet strict bank lending requirements. You may find bad credit business loans that practically anyone can qualify for. At First Capital Business Finance, we offer a variety of business loans for bad credit. Below are a few of the Read More


Bad Credit Business Loans and Other Ways First Capital Business Finance Can Help Your Business During COVID-19

Bad Credit Business Loans During COVID-19

If you need bad credit business loans or other financings to help you recover from a temporary closure, supply problem, business slowdown, or other issues caused by the COVID-19 pandemic, First Capital Business Finance is here to help. We will help your business get through this difficult time and come out stronger on the other side. If your business needs assistance, consider these five ways First Capital Business Finance can help. 1. Bad Credit Business Loans If you’ve seen a drop-off in sales due Read More


How Bad Credit Business Loans Can Help You Grow Your Business

How Bad Credit Business Loans Can Help You Grow Your Business

Bad credit business loans can help you get the cash you need to grow your business. If you have poor or limited credit, or have been in business for less than two years, our financing options can help your business in a variety of ways. Maintain Control of Your Business If your business needs more cash, you may be considering bringing a partner on board or selling equity shares in your business. Business loans for bad credit can help you get the money you Read More


Bad Credit Business Loans: One of Four Main Solutions Business Owners Now Turn To

Main Solutions for Business Owners

More business owners across America are considering bad credit business loans as they face unprecedented financial and logistics struggles. These struggles followed state orders that shut down non-essential businesses to keep more people at home. To maintain some income, many business owners were forced to get creative, seek out disaster relief, or both. Where government assistance programs have failed, some people tried to fill the gap with business loans for bad credit. Banks across America now face accusations from customers and Read More


Keep Your Company Afloat During Quarantine With Bad Credit Business Loans and Other Resources

Keep Your Company Afloat During Quarantine

Bad credit business loans are an important resource for any struggling enterprise, but they’re especially valuable during these unprecedented times. With the pandemic threatening lives and livelihoods, we as an economy have had to shift our business structures to adjust. As the illness continues to threaten the country, here are a few ways to keep your company running. Where To Find Clients For many retailers, walk-ins are their bread and butter. However, with storefronts closed, how are you supposed to draw in new Read More