Bad Credit Business Loans
Less than stellar credit? Don't get discouraged because banks are not the only institutions in the business of financing. The Merchant Cash Advance industry has been providing capital to small businesses of all credit backgrounds since the 1990s and they have been become incredibly popular in the last few years. Whether the credit score is 400 or 800, Merchant Cash Advance financing is designed to judge businesses on merit, not trivial criteria.
Years of analysis proved that historical sales data is the best indicator of long term success, not credit. So whether you're consistent all year or typically seasonal, we believe every business deserves a chance to secure funding. Depending on how you accept payments and your personal preference, you have the options of a Merchant Cash Advance or a Merchant Cash Flow Loan. A short, broad list of who is eligible is below:
- Eating and drinking establishments
- Auto repair and service
- Retail of any kind
- Salons
- Medical practices
- Hotels/Motels
- Repair services
- Businesses that process credit cards
- Businesses that don't process credit cards
- Businesses with bad credit
- Businesses with excellent credit
- Sole proprietors, LLCs, Corps, and any other entities
- Businesses based in the U.S.
You qualify for funding if:
- Your business is open
- Your business is generating revenue
- You have Poor, Fair, or Excellent Credit
- You generate at least $10,000 in monthly sales OR process at least $1,000 in credit/debit card sales
- You are serious about investing in your business's future
MerchantCashAdvanceIndustry.org in the news:
