Low Credit Small Business Funding

A LOW PERSONAL OR BUSINESS CREDIT SCORE SHOULDN’T DISQUALIFY YOU FROM GETTING THE FUNDING YOUR SMALL BUSINESS NEEDS TO SUCCEED AND CONTINUE TO GROW. WITH A STREAMLINED ONLINE APPLICATION, BUSINESSES WITH LOW OR BAD CREDIT CAN ACCESS UP TO $500,000 IN WORKING CAPITAL FROM OPALESCENT SOLUTIONS IN AS LITTLE AS 24 HOURS

Fast Small Business
Funding for Low Credit Scores

Getting small business funding is hard under the best circumstances, and it’s even tougher when you have a low personal or business credit score. Whether your credit is low because of your personal financial history or your business hasn’t had a chance to accrue a strong business credit history, bad credit can overshadow even the strongest business finances, especially if you are applying for funding from a traditional lender.

With a simpler application, faster turnaround, and flexible approval requirements, Opalescent Solutions can fund more businesses with low credit in as little as one business day. We offer a variety of small business funding options for low credit scores, from as little as $3,000 up to $500,000. We fund all industries, including healthcare businesses, medical practices, law firms, retail stores, business services, restaurants, and more.

How To Use
Business Funding for Low Credit Scores

There are no restrictions on how businesses with low credit scores can use their funding. Alternative funding for businesses with loan credit scores is most ideal for supporting growth initiatives that will increase your business’s revenue, such as:

Hiring staff so you can expand services and take on more business
Purchasing new equipment or technology
Renovating or remodeling your space to offer a more comfortable environment
Expanding your business or acquiring another business
Building a new website or expanding your existing online presence
Purchasing raw materials or inventory in bulk at lower prices
Investing in continuing education and training
Energizing your marketing and advertising to bring in more business

Sometimes, businesses may also need a quick infusion of working capital to help meet the unique challenges of their field, such as:

Keeping up with industry trends
Meeting changing client and customer needs
Standing out from competition in your niche
High cost of equipment, supplies, or raw materials
Skilled labor shortages and employee turnover
High cost of repairing appliances or equipment

How Alternative Funding
for Low Credit Scores Works

Apply

Gather 3 months of bank statements and other records. For faster approval, grant us secure access to your bank account’s transactional data

Choose Funding

A Funding Advisor will reach out to you within 1 hour (during regular business hours) to complete your application & discuss your funding options.

Get Funded

Once you and your Funding Advisor determine what funding option works for your business, your funds can be approved and deposited within 24 hours.

Set Repayment

Payments will be automatically deducted from your business’s daily or weekly debit and credit card sales. Payment amounts will be based on your sales.

Apply

Gather 3 months of bank statements and other records. For faster approval, grant us secure access to your bank account’s transactional data

Choose Funding

A Funding Advisor will reach out to you within 1 hour (during regular business hours) to complete your application & discuss your funding options.

Get Funded

Once you and your Funding Advisor determine what funding option works for your business, your funds can be approved and deposited within 24 hours.

Set Repayment

Payments will be automatically deducted from your business’s daily or weekly debit and credit card sales. Payment amounts will be based on your sales.

Low Credit Score Business Loan Solutions

REVENUE-BASED FINANCING, INCLUDING MERCHANT CASH ADVANCES FOR LOW CREDIT, ARE A POPULAR FUNDING SOURCE THAT IS EASIER TO ACCESS AND CAN HELP INCREASE YOUR REVENUE AND GROW YOUR BUSINESS. OUR FRIENDLY, EXPERT FUNDING ADVISORS WILL WORK WITH YOU TO DETERMINE WHICH FUNDING OPTION WILL HELP YOU ACHIEVE YOUR GOALS WITHOUT COMPROMISING YOUR BUSINESS’S CASH FLOW.

Merchant Cash Advance

You get working capital when you need it. receive percentage your daily weekly credit card sales until advance repaid.

Business Line of Credit

Borrow as much or as little as you need without the obligation of a fixed term loan. Draw and repay as you go, and only ever pay interest on the amount you've borrowed.

Invoice Factoring

Sell your pending invoices exchange for the net amount in cash. You'll receive the balance the invoices' value when we receive payment (minus our fee).

Collateral Loan

A secured loan that uses commercial real estate reduce risk. Because the loan is secured, you may be approved for larger loan amounts with lower rates and fees.

Will You Qualify for Business Funding with Low Credit?

The best candidates for small business funding with low credit are prepared with a firm understanding of how much funding they need, what they plan to do with it, and how they plan to repay it.

The minimum credit score and other qualification requirements will depend on the type of funding you are seeking. Collateral is not required for most forms of alternative small business funding, including merchant cash advances for low credit.

At Opalescent Solutions, approval requirements are more flexible than traditional lenders and are not based solely on your credit score or financial history. Instead, we focus on the overall health of your practice, including:

Business revenue
Cash flow
Vendor payment history
Years in business
Public records

Low Credit Funding Q&A

How can I get a business loan with bad credit?

Direct online lenders are the best place to get a business funding with bad credit. These lenders have more flexible approval requirements that consider the overall health and potential of your business—not just your credit score—and offer revenue-based financing options that are more ideal for businesses with lower credit scores, such as merchant cash advances for low credit. Contact one of our Funding Advisors to learn more.

Can I get a business loan with a 500 credit score?

Yes, you may be able to get a business loan from an alternative lender with a 500 credit score, depending on your business’s revenue and cash flow. Some direct online lenders will approve funding for a 500 credit score, but take the time to thoroughly research your lender to ensure they are reputable, and never work with a lender that engages in “loan stacking”.

Low Credit Small Business Funding

Fast Small Business
Funding for Low Credit Scores

How To Use
Business Funding for Low Credit Scores

How Alternative Funding
for Low Credit Scores Works

Apply

Choose Funding

Get Funded

Set Repayment

Apply

Choose Funding

Get Funded

Set Repayment

Low Credit Score Business Loan Solutions

Merchant Cash Advance

Business Line of Credit

Invoice Factoring

Collateral Loan

Low Credit Funding Q&A

How can I get a business loan with bad credit?

Can I get a business loan with a 500 credit score?

Get In Touch

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Low Credit Small Business Funding

Fast Small Business Funding for Low Credit Scores

How To Use Business Funding for Low Credit Scores

How Alternative Funding for Low Credit Scores Works

Apply

Choose Funding

Get Funded

Set Repayment

Apply

Choose Funding

Get Funded

Set Repayment

Low Credit Score Business Loan Solutions

Merchant Cash Advance

Business Line of Credit

Invoice Factoring

Collateral Loan

Low Credit Funding Q&A

How can I get a business loan with bad credit?

Can I get a business loan with a 500 credit score?

Fast Small Business
Funding for Low Credit Scores

How To Use
Business Funding for Low Credit Scores

How Alternative Funding
for Low Credit Scores Works