What is bad credit business loans?
A low personal credit score does not mean your business is a bad risk. Banks rely on FICO because it is easy, but alternative funders know that consistent bank deposits are a far better predictor of a business’s ability to repay. That is exactly what we underwrite.
HL Hunt Funding arranges funding for owners with credit scores as low as 500 through revenue-based financing, merchant cash advances, invoice factoring, and collateral-backed equipment financing. If your business has been operating for at least 3 months with $10,000 or more in monthly deposits, there is very likely a program for you.
We are also upfront about cost. Bad credit funding carries higher rates than prime products, so we help you structure the smallest, shortest deal that solves your problem — and show you how a few months of on-time payments can graduate you to lower-cost options.
How bad credit business loans works
- 1Pre-qualify with a soft pull
No impact to your credit score to see your options.
- 2Bank statement review
We look at deposit consistency, average balances, and NSF history — not just your FICO.
- 3Compare offers
See amounts, costs, and payback terms from funders that specialize in your credit tier.
- 4Fund and rebuild
Receive funds in 24–48 hours. Repay on time to build toward lower rates.
Best for
- Owners with past credit issues
- Businesses declined by banks
- Post-bankruptcy (discharged 1+ year)
- Thin credit files
Pros and cons
Advantages
- Approvals from 500 FICO
- No credit inquiry to pre-qualify
- Fast funding
- Path to better rates
Considerations
- Higher cost than prime products
- Shorter terms
- Smaller initial amounts
Requirements to qualify
- 3+ months in business
- $10,000+ monthly deposits
- No open bankruptcies
- Limited NSFs in the last 90 days
Requirements vary by funder. The fastest way to know exactly where you stand is to pre-qualify in two minutes — it is free and there is no credit inquiry.