Starting a business — or growing an existing business — is never an easy task. However, when you have bad credit, the odds really become stacked against you, simply because mainstream banks and funding providers will not offer you the help you need.
If your credit history is not the best, it can feel as if you have no place to turn to. But this is not the case. Bad credit business funding provides a way forward, and it may feel like a real light at the end of the tunnel for business owners who have been struggling with their credit history.
First Down Funding is proud to be able to offer this kind of funding to the businesses that need it most. You won’t need to wait around for funding to be approved as we deliver our responses within 48 hours in most cases. We also offer flexible repayment terms and a range of different funding packages that make it easier for you to get the funding you need.
There are ways to mitigate your bad credit. For example, you could provide high-value collateral, or you could provide proof of mitigating circumstances that led to your bad credit. However, for most business owners, this is not possible. Instead, they must make a bad credit business funding application.
With First Down Funding, the process is easy. The business owner simply files their application online and then waits to receive a response. A member of the FDF team will get in touch to discuss the available options. Then you will have the opportunity to sign off on the option that best suits your business and your situation. We will aim to have the funds in your account within 48 hours.
Of course, any First Down Funding does require some protection when offering bad credit business capital. But, this is typically far less stringent than that required by mainstream providers. A relatively low level of collateral may be required, but the team will reduce this burden by approaching the approval decision in a more personal way. We will take into account your background, your aims, the performance of your business ventures, and other factors, and then make a funding decision based on this.
we help small businesses with working capital funding for short & long term projects
Apply nowWe are serious about supporting the needs of businesses across the US. This is why we make sure we offer the very best in terms of service and funding options to our clients. Take a look at some of the advantages of seeking funding with us.
The PlayBook by First Down Funding
Overview, Calculations and Case Study
To get started, take a look at the credit card sales you have made in the past few months. We will use these recent sales to determine how much money your company is projected to make in the short and long term, and then we use this to make you an offer on a funding package.
Next, simply use the online application form to begin. It really is as simple as that. And, if you are approved, you should receive the funds within four or five days. Remember, our team is always on hand to provide support and guidance, so reach out to us if you have any questions or queries at all.