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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 ... Notable lenders offering bad credit business loans include: Fundible: Fast prequalification and loan amounts ranging from $5,000 to $10 million ...
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 ...
Bankrate insight. Some high-risk business loans use factor rates instead of interest rates to calculate the cost of a loan. Factor rates typically range from 1.1 to 1.5 and are fixed costs that ...
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