Bad Credit Business Loans
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Why work with Advance Funds Network?
- A+ rating from the BBB and successfully placing business loans for over 12 years.
- We offer fast and easy processing.
- We have various financial products to choose from.
- Our process is simple, easy and transparent – no hidden costs.
- We offer funding in all 50 states & Canada! Licensed in CA!
- Call us today to find out what we have for you 888-573-1628
How does this Business Loan Work?
When you have nowhere else to turn yet you need cash for your business, this is your best option. The unsecured nature of the loan means you don’t give the lender any guarantee that you will repay the loan in full or on time other than your best effort.
You can also qualify for the loan with less than stellar credit scores. However, there are things you need to provide to qualify for the loan:
- Monthly business sales are $10,000 or more. This usually means, bank statements. If you do not put anything in the bank we cannot underwrite the file and unfortunately, we cannot help you.
- Demonstrate an ability to pay the loan back. If you are planning on going out of business we cannot really help.
How do You Benefit?
- You get the loan in as little as 3 hours.
- You don’t have to pay any upfront fees to qualify.
- You don’t need a minimum deposit or ending balance to qualify.
- You can use the loan to finance a wide variety of businesses, including retail, restaurants and service-oriented businesses.
- The interest on business loans is tax-deductible. This means you can manage your tax issues more efficiently.
- You have a chance to help out your poor credit rating by repaying the loan on time.
No Collateral and a Poor Credit Rating?
On the other hand, you might be an established business, but due to failed business ventures and or difficult personal decisions, your credit rating plummeted. Unfortunately, most lenders require a perfect credit rating to give you the business loan you need.
Don’t worry, there is a solution for you – bad credit unsecured business loans have become a lifesaver for business owners that work with us.