How To Get A Business Loan with Bad Credit
Companies go through rough patches. Bad credit history can cause minor bumps in the road that will slow down business growth, but nothing that will stop you from moving forward. In the world we live in today, the credit score system governs and labels organizations. Bad credit deems companies weak and unattractive to financial institutions such as banks, to the extent where attaining a conventional bank loan becomes a scenario in a distant reality. However, at Merchant Lenders we can help you get the financing you need with our 92% approval rate!
If your credit history is causing you difficulties and holding you back from sourcing capital, you should consider alternative options that bypass and disregard the defining credit evaluation.
Merchant Lenders is in a position to offer your company the alternative it needs by offering cash advances in the form of a business loan. We are capable of providing up to $2 million in bank loans, at an astonishing 92% approval rate. We process business loan applications at a fast pace and grant access to the loan on the same day it is approved.
Our loans are ideal for emergencies such as a situation that requires a quick injection of capital to revive the cash flow. Our business loans are on average 40% cheaper than anything else on the market with a guarantee of no hidden costs or origination fees. Also, the lack of upfront collateral makes our loan less risky in the long run.
Having bad credit doesn’t mean that you can’t get a business loan, you just need to know who to ask. We believe in giving you what is needed for your business to grow without being affected by financial constraints. Call us today and find out how we can help you bring your business to the next level.
One thought on “How To Get A Business Loan with Bad Credit”
Hi i started a restaurant thats booming in Kamloops BC, a few months ago.. we are doing $40,000 to $50,000 a month in sales but we started without much capital after the Landlord deducted $11,000 from equipment purchase we were left with a weak working capital pool. We got approval with Synergy capital but..siting that we are too new they only upfronted us $8000 we need much much more than that..like $15,000… they do howvere like our montley sales numbers.. we are STILL i need of another $15,000 payable daily for 6 months.
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