Business Funding Resource Center

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Business Loan Requirements​

Get the right financing with industry-leading small business funding online.

Apply for Financing

Complete a few simple questions online to schedule your consultation and an expert funding advisor will reach out ASAP.

Get Approved

Receive an approval, most of the time within 48 hours. Review your funding options, select an offer, and receive your funds.

Receive Funds

Verify any missing information, approve your funding package and have funds wired directly to your bank account.

Poor Credit Loans

Business owners need working capital, this is a fact. Sometimes life hits us, and we fall behind on our credit scores. Does this eliminate your ability to get funding? The answer is no.

Having lower than desired credit can obviously affect the terms, but poor credit business loans are available for those who are working to fix their situation. Ballpoint Capital is different from most because we genuinely care about getting you back on track, and we provide tips and guidance to help repair your situation at no cost.

When determining which type of program is the best fit, factors such as time in business, industry, the condition of bank statements, and overall affordability can create opportunities. Will you get a long-term monthly term loan at bank rates with poor credit? No. But there are still options to consider.

What types of programs are available for low credit?

  • Merchant cash advance. With this type of program, you sell future receivables at a discount, allowing you to access tomorrow’s revenue today for a fee. This structure works better for certain industries, but if your business has healthy bank statements, consistent revenue, and operates in a favorable industry, funding can be approved with credit scores as low as 550.
  • Invoice factoring. This option allows you to sell an outstanding invoice at a discount without creating debt. Since underwriting is primarily based on the debtor, personal credit is far less important. For businesses with poor credit, this can be an effective way to improve cash flow.
  • Asset-based lending. If you own business real estate, equipment, or other collateral, there may be secured funding options available even with poor credit. Because the loan is backed by assets, lender risk is lower, making approval more attainable. This works similarly to a secured credit card.
  • Credit card sale merchant cash advance. If your business primarily accepts credit card payments, this option provides a lump sum of capital in exchange for a daily percentage of credit card sales. Among poor credit business loan options, this is one of the most flexible and is well suited for businesses with fluctuating revenue.

As you can see, poor credit business loans can work, and options ARE available. Ballpoint Capital takes great pride in our educational funding process, helping you, the business owner, position yourself for the best success. If you would like to speak in more detail on these topics, please go ahead and request a consultation and an expert funding advisor will reach out ASAP.

Request a free consultation to explore small business loan programs, or consolidation options, without the bait and switch headaches you are used to

  • No Bait and Switch
  • No Fees
  • No Games
  • No Undisclosed Terms
  • No Bait and Switch
  • No Fees
  • No Games
  • No Undisclosed Terms
Click Here to Schedule a Consultation Now

WE ARE HERE TO ACCELERATE SMALL BUSINESS GROWTH

NO FEES, NO OBLIGATION, EASY SMALL BUSINESS LOAN APPLICATION

SIMPLIFIED PROCESS

A streamlined paperless application with quick processing allows you to focus on running your business.

SAME DAY APPROVAL, NEXT DAY FUNDING

The best financial technology in alternative lending. Funds deposited in as little as 24 hours following approval.

A RELATIONSHIP YOU CAN TRUST

Ballpoint Capital has worked with thousands of businesses since 2016. We strive to build relationships that last.

EXPERT FUNDING ADVISORS

From initial application to future funding needs, your dedicated funding manager is here to help you and your business.

NO NON-SENSE POLICY

We believe in a no non-sense, no bait and switch approach, no sales pitches with us

COMPETITIVE RATES

Tailored terms to meet your needs. Ballpoint Capital is only interested in positioning your business for success.

Discover more about our market–leading small business funding options by calling 888-505-2595 today. 

Our Commitment To You

Strong Capital Funding was founded on full transparency, honesty, and integrity. We pledge to a hassle free, easy, relationship driven process. Unlike the others, we take this very seriously, and commit to the best process available in the small business loan industry. Our agents have all agreed to a strict code of conduct, and you can be assured the process will be seamless, with securing your information as our top priority