These days, many companies claim to offer bad credit funding for businesses, but most are little more than scams. They may provide you with the money you need, sure, but then will require high interest rates and terms in return.
These interest rates and terms can cripple a business that may already be struggling. Simply Quick Business Loans offers a better alternative for small business capital finance seekers.
There are many organizations vying for a chance to offer you financing even with bad credit. They take advantage of your inability to receive a traditional bank loan. These merchant cash advance organizations are exempt from the regulations that control banks and private lenders like us. This means that no one is looking out for you!
They may provide bad credit funding for a small business, but they can charge nearly any interest rate and terms they choose. We are held accountable to the same regulations that control rates, loan terms and loan information transparency.
Banks traditionally turn down as many as 87 percent of applications they receive. On the other hand, we approve as many as 80 percent of the applications submitted to our team.
This means you are more likely to secure a small business capital finance loan from us than the bank. To learn more about the specific bad credit funding you may receive, browse our page and submit your application today.