Bad Credit Business Loans

Your personal credit score is often one of the factors used to qualify for a business loan. If you fall into the lower range (anywhere from 300 up to 629), you could have a harder time getting a business loan application approved. But you aren’t completely out of options! We’re dedicated to finding funding solutions, even when the banks say no.

If your score is 500 or above, you could be eligible for funding options that put more value on the health of your business than on your credit score. Expect shorter terms and higher rates on a first-time loan if your score is in that range. Alternatively, a merchant cash advance can be a good option since the funding is based on future credit card sales.

By partnering with SnapCap, you are paving the way to faster funding while also strengthening potential for larger loans and longer terms in the future. Apply today to work with an experienced loan officer that will find the best financing solutions that align with your current credit score.