Fundability
Cash
Credit
Collateral
BUSINESS CREDIT BUILDER
Loans
1-5 Year Term
Monthly Payments Available
Variable Rates Starting at 8%
Fully Amortize in Year of Purchase
1+ Year TIme in Business
550+ FICO
Rates Starting at 8.99%
80-100% Purchase Funding
100% Rehab Funding
650 FICO
6,12,18 Month Terms Available
Same Day Funding up to $200,000
True Revolving Line (Payments made
towards balance became available
Weekly or Monthly Payments
1+ Year TIme in Business
$250,000+Gross Annual Revenue
No Minimum FICO
Refinance Existing Business Debt
2 - 4 Week Funding Process
10 - Year Term
Government-Backed Funds
3 Years Time In Business
$250k+ Gross Annual Revenue
675+FICO
1-4 Year Terms
Interest Rate Starting at 7.99% APR
No Pre-Payment Penalty
Bi-Weekly/Monthly Payments
2 Years Time in Business
No Bank Liens or Foreclosures in last 3 years
660+FICO
24-48 Hour Funding
No Minimum FICO
Bad Credit OK
Liens/Judgements OK
1+ Year TIme in Business
$250,000+Gross Annual Revenue
No Minimum FICO
MEET THE PERFECT LENDER
COMMON QUESTIONS
Can I get a business loan with bad credit?
Yes, it is possible to obtain a business loan with bad credit. However, the options may be limited, and the interest rates could be higher. Some alternative lenders specialize in offering loans to businesses with less-than-perfect credit.
How much money can I qualify for?
The amount you can qualify for depends on various factors, such as your credit score, business revenue, time in business, and the lender's evaluation of your financial health. Each lender has different criteria, so it's essential to research and compare your options.
Interest rates and fees vary depending on the lender, type of loan, your creditworthiness, and other factors. Typical fees may include origination fees, processing fees, and prepayment penalties. It's crucial to review the loan terms and understand the total cost of borrowing before accepting an offer.
Some types of business loans require collateral, while others do not. For example, secured loans (such as equipment financing) often require collateral, whereas unsecured loans (like lines of credit) typically do not. However, unsecured loans may have higher interest rates due to the increased risk for the lender.
There are various types of business loans, including term loans, lines of credit, invoice financing, equipment financing, merchant cash advances, and Small Business Administration (SBA) loans. Each loan type serves a specific purpose and has unique terms, rates, and eligibility requirements.
Lenders typically consider factors such as your credit score, time in business, annual revenue, debt-to-income ratio, and the overall financial health of your business. They may also review your business plan, industry, and cash flow projections.
To improve your chances of approval, make sure to maintain a good credit score, keep accurate financial records, develop a solid business plan, demonstrate strong cash flow, and reduce existing debt. It's also essential to research and apply for loans that best fit your business needs and financial profile.
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