A low credit score is one of the biggest obstacles business owners face when seeking financing. However, ACH Funding offers funding solutions that are not solely based on credit scores—giving more entrepreneurs access to the capital they need to succeed.
Top Strategies to Get Approved for Funding with Bad Credit
- Consider Alternative Funding: Instead of bank loans, explore Merchant Cash Advances, Invoice Factoring, or Equipment Financing, which have less strict credit requirements.
- Show Strong Business Revenue: Lenders look at cash flow and sales history as a measure of financial stability.
- Separate Business & Personal Finances: Opening a dedicated business bank account helps improve credibility with lenders.
- Work with Lenders That Understand Small Businesses: ACH Funding focuses on helping business owners succeed, regardless of their credit situation.
Even with a poor credit history, you can still access financing to grow your business.
