Maskot/Getty Images. Getting a business loan can help you expand your business or pay off other high-interest debts that are holding you back. But what if you don’t have an established business score or you have bad credit? Bad credit business loans help business owners with no credit or poor credit get the funding they need. They have relaxed eligibility requirements but tend to come at a higher cost. To get the right loan for your business, you’ll have to shop around to find the most affordable option. If you are a small business owner with bad credit, the following steps can help you choose the best bad credit business loan lender. Check your credit score and eligibility Lenders look at your personal and business credit reports and scores to help assess creditworthiness. They want to see how reliably you repay your debts on time and how much debt you currently owe. The higher your credit scores, the less risky you’ll look to lenders. Before you look for a loan, you’ll want to check your credit score and report. For personal credit, a FICO score of 300 to 579 is considered a bad credit score. Business credit scores can […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
