Tag Archives: Business Loans

Unlocking Business Loans When Your Credit Takes a Hit

Unlocking business loans when your credit takes a hit

Key Takeaways Scoring below 670 on your FICO can seriously cramp your chances of snagging a business loan. Exploring diverse bad credit loan options—like short-term financing, business credit lines, or SBA microloans—can boost your odds of approval. Sharpening your business plan, picking the right lender and loan, enlisting a co-signer, and proving financial stability raise… Read More »

Navigating the Maze: How Tough Is It Really to Score a Business Loan?

Key Insights at a Glance Lenders set baseline criteria such as revenue benchmarks, credit track record, and business tenure The difficulty level shifts with the kind of loan you pursue A robust personal credit rating, sound financial health, and at least a year of operation can tip the scales in your favor Access to capital… Read More »