Some of the Most Frequently Asked Questions:

What is

Bad Credit Business Loans, provides financing for small businesses. Our team of industry veterans has financed over 250,000 businesses, and funded over $500 million. We are able to deliver quick, flexible loans much faster than a traditional lending institution. We offer innovative small loan services & outstanding customer service for small businesses, even those with bad credit, coupled with flexible repayment solutions.

How do I qualify for financing?

To qualify for a loan, your business should have the following characteristics:

  1. 6+ months in business
  2. $10,000 + in monthly revenue

How quickly can I receive approval?

Bad Credit Business Loans can deliver decisions in minutes, and funding in as fast as 24 -72 hours.

How is Bad Credit Business Loans different from other lenders?

Bad Credit Business Loans is faster than a bank, and cares about small business owners who cannot gain necessary capital to grow. Unlike banks, we can deliver decisions in minutes and we value your overall business performance – not just your personal credit score.

What industries do you work with?

We work with more than 700 different kinds of businesses in all 50 U.S. states, including restaurants, retailers, auto repair shops, HVAC contractors and many other service providers.

How much funding can I get for my business?

Depending on your business history, we can offer funding ranging from $5,000 – $250,000. There are a lot of factors that help our team assess how much financing we will be able to secure for your business & having your critical business documents on hand will help speed up the process to get your business the cash it needs quickly.

Will bad credit affect my chances of securing funding?

Unlike traditional lenders, Bad Credit Business Loans looks at your monthly revenue instead of your past credit history to determine your viability for financing. This allows us to process loans much more quickly than traditional lending institutions, and work with businesses that otherwise wouldn’t be able to get funding for their small business. When large banks say no due to bad credit, we say yes!

What information do I need to apply

Typically, we only require basic information about yourself and your business however, we will also require information such as:

  1. Business Tax ID
  2. Credit card statements for the previous 3 months
  3. Bank statements for the previous 1 to 3 months
  4. Social Security number of business owner(s)
  5. Driver’s license number and state of issue

How do I repay my small business loan?

Bad Credit Business Loans will get repaid by deducting a payment from your business bank account on a daily or weekly basis, depending on the product you are approved for. These fixed payments help ensure minimal impact to your cash flow and are proven to prevent the snowball effect often caused by missing larger monthly payments.