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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.
Easy short-term lines of credit. 4.6. Fundible. Easy business loans for bad credit. 4.7. Accion Opportunity Fund. Easy low-interest business loans. 4.2. Taycor Financial. Easy equipment loans for ...
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 ...
What credit score do I need to get a business loanThough requirements vary from lender to lender, you’ll generally need a score of at least 500 to get a bad credit business loan.
Some short-term lenders cater to bad credit borrowers, offering loans to those with personal credit scores around 500. But you may need to show strong revenue or business growth to offset your low ...
Banks and credit unions usually require personal credit scores of 670 or higher for business loans. But online lenders offer more flexible criteria, providing options for bad credit business loans ...
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