Bad Credit Business Loans

Small Business Loans

We Understand The Challenges Of Running A Business. If You Have Bad Credit We Can Help You Too.

Unsecured Funds

No Personal Guarantee &
No Collateral Required*

Quick Funding

Get Funded Within a few days

Simple & Easy

No Personal Guarantee &
No Collateral Required*

Fast Approvals

Within 24 hours of application

see what our clients say

excellent customer service and very...

Excellent customer service and very professional. I will recommend to another business. Thank you Paul Pitcher, Vince Wynn, Eddie Rollins, and First Down Funding.

Agripina M.

Bright Light Credit Solutions

excellent customer service and very...

Excellent customer service and very professional. I will recommend to another business. Thank you Paul Pitcher, Vince Wynn, Eddie Rollins, and First Down Funding.

Agripina M.

Bright Light Credit Solutions

excellent customer service and very...

Excellent customer service and very professional. I will recommend to another business. Thank you Paul Pitcher, Vince Wynn, Eddie Rollins, and First Down Funding.

Agripina M.

Bright Light Credit Solutions

What Are Bad Credit Business Loans?

Bad credit business loans are designed for businesses for which the owner has poor credit, by the standards of traditional lenders, and who might otherwise have trouble obtaining another loan.  We can customize business funding in most of these circumstances.

Funding Amount

$10k - $5M

Funding Term

3 months - 10 years

Rates

Starting at 9%

Speed

1 - 3 Business days

Advantages

  • Get access to funds quickly
  • Unsecured programs available
  • Less than prefect credit accepted
  • Use for a variety of business purposes
APPLY NOW WITH FIRST DOWN FUNDING

How Do I Get a Business Loan With Bad Credit?

Banks see business owners with bad credit as risky borrowers, regardless of great sales, good references, and other factors that are positive about your business. First Down Funding works differently. We’ve worked with way too many hardworking, trustworthy, and capable business owners with bad credit scores to believe that your credit score is everything. Here, we see credit score as just one small piece of the puzzle. As long as your business is doing well, then you can get approved for your loan. At FDF, we offer bad credit business loans for borrowers who with poor or little credit history.

ARE YOU LOOKING FOR A BAD CREDIT BUSINESS LOAN?

Speak to one of our qualified and seasoned Small Business Funding Managers to better understand what funding options and approvals we have for your small business.

APPLY NOW WITH FIRST DOWN FUNDING

Compared to other loan types

Loan Types Max Amounts Rates Speed
Merchant Cash Advance $7.5k – $1m Starting at 1.09 1-2 business days
SBA Loan $50k - $10m Starting at 5% 3-5 weeks
Business Term Loan $10k - $5m Starting at 5% 1-3 business days
Business Line of Credit $10k - $250k Starting at 8% 1-3 business days

First Down Funding Helps You Get Business Funding with Bad Credit

Ready to get started with your bad credit business loan? We’re here to help. Start your online application with us today or give us a call or send us an email. At First Down Funding, we look forward to working with you!

WHO QUALIFIES

Who Qualifies for Bad Credit Business Loans?

Do business owners with bad credit have a harder time getting funds than business owners with good credit? Not at First Down Funding. At UCS, we preliminarily look at your last three months of bank statements. As long as you can provide those documents and your business makes consistent revenue, then you have everything you need to apply for your bad credit business loan.

What Kind of Loan Options Are There For Bad Credit?

If your credit score is less than impressive (think 629 or lower), there are certain loan options available. It is very important, however, to seriously consider what your options are, as many bad credit loans are harder to pay back with high interest rates, and demanding repayment schedules. Be sure to explore all of your options, and find the most affordable loan for your business model. Some examples of loans for poor credit include:

  • Business term loans
  • Business lines of credit
  • Accounts receivable factoring
  • Merchant cash advance
  • Revenue based business loans
  • Equipment financing

HOW TO APPLY

How to Apply for Business Loans with Bad Credit

So, how to you start your application? With First Down Funding, it’s easy. We have a quick and straightforward business loan application process. Just complete the steps below, and you’re on your way.

Think About Your Needs

What kind of business loan do you need? How much funding do you need? When you consider these questions ahead of time, you have a great starting point. If you’re not quite sure, don’t worry. We can work with you to figure out the best plan. You can chat with one of our experts at any time, and we’ll help you determine which path will work best for you.

Gather Your Documentation

Like we said, we only look at your last three months of bank statements. However, if it helps you get you more favorable terms, we might as for a few more months’ worth of statements. Your application process will go a lot faster if you grab these documents ahead of time. Here’s what you’ll need to apply:

  • Driver’s license
  • Voided business check
  • Bank statements
  • First Down Funding 1 Page Application

Fill Out Your Application

Next, simply fill out your application with First Down Funding. You can submit your application online, or you can call us. We often approve applications within 24 hours, and depending on the type of business loan, you could have access to your funds within just a few business days.

HOW IT WORKS

How Do Bad Credit Business Loans Work?

Like we said above, we look at the big picture, not just your credit score. After all, the smallest things can impact your credit score. For example, if you miss one payment, your credit score could drop by 100 points. At UCS, we know that a bad credit score isn’t always your fault. If you miss a payment because somebody else didn’t pay you on time, then your credit score will drop no matter the circumstances.

If you have bad credit, you can apply for a small business loan just like anybody else can. You submit your application, hear back from us within 24 hours in most cases, and get access to your funds within a few business days of approval.

Now, “bad credit business loans” don’t refer to a single type of business loan. In fact, you can get approved for all sorts of business funding programs with UCS. Your financing terms will just look a little different. For example, you may have a slightly higher interest rate, or you might have a more frequent repayment schedule. Many UCS business loans can help you dramatically improve your credit score within just a few regular payments. Let’s work together to find the repayment schedule that will work best for you without interrupting your cash flow.

COST

What Do Bad Credit Business Loans Cost?

Just like with any other loan, the cost of a business loan with bad credit depends on how much you borrow. With our suite of funding programs, rates start at 9%. Your rate may be different depending on your credit score, industry etc. Want to get an estimate of what your terms would look like? You can call us for a free, no obligation consultation. You can also use the free quote tool at the top of this page to estimate your overall costs.

Most customers who were approved had

*** Based on past customers

Annual Revenue

Over $150k

Credit Score

600

Time in Business

Over 2 years

What Documents Will I Need To Apply For Small Business Loans?

APPLY NOW WITH FIRST DOWN FUNDING

How to Apply For Bad Credit Business Loans With First Down Funding

1
Apply online in just a few minutes
2
Our system evaluates your business and typically provides a decision in minutes
3
Sign your contract and receive money in as fast as 24 hours