Lukas Thoma

Ways to qualify for business loans with bad credit

A poor credit score can preclude you from qualifying for a loan at better interest rates, especially if you need money to fund your business. Even if you need a small amount of money, there are certain criteria that you need to meet. For instance, if you are a start-up, you would need a business plan to prove your repaying capacity. Lenders would like to see how likely your business would be successful.