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You can get a business acquisition loan with bad credit, but you’ll need to find a lender that accepts the credit score you have. These lenders may specialize in bad credit business loans, ...
It’s possible to get a business acquisition loan with bad credit, such as a personal credit score in the 500s to 600s. But you may be limited in the types of loans or the lenders you qualify for.
2. Choose the right type of bad credit business loan. You have a wealth of bad credit business loan options at your fingertips, and different types of loans can be used for multiple purposes.
Each type of bad credit business loan has its advantages and disadvantages. ... Fundible: Fast prequalification and loan amounts ranging from $5,000 to $10 million and terms of 6 to 120 months.
Some fast business loans offer smaller maximum loan amounts than traditional bank loans. Depending on the lender, you may find lines of credit that only go up to $150,000 or term loans of $250,000 ...
Bankrate insight. Accion Opportunity Fund is an example of a nonprofit lender that focuses on smaller loan amounts with flexible terms and requirements. Loans range from $5,000 to $250,000, and ...
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