BAD CREDIT LOANS - MATCH YOUR BUSINESS WITH THE RIGHT LENDERS

Secure a bad credit business loan - fast & easy approval

Been turned down for a loan because of bad credit? A poor credit score can make accessing funding difficult.

But the good news is, there are options available. These loans cater to business owners who have low credit scores but still need access to capital to run or grow their business.

TRUSTED BY 150K+ UK BUSINESSES

  • £2bn in funding approved

  • Regulated by the FCA since 2015

  • 100+ UK business lenders

What is a bad credit business loan?

A bad business credit score is a very low credit score that indicates your business may struggle to repay debt on time and in full. This score reflects your past payment performance, including the amount, frequency, and speed of repayment. When banks, lenders, and suppliers review your credit, a low score can make your business appear risky, affecting terms with suppliers and access to funding. 

Although you may find it harder to get finance through high street banks, we can help to match your credit and business with lenders who specialise in bad credit business loans. These loans are tailored to help companies with less-than-perfect credit scores secure the funding they need.

What to avoid if you have bad credit?

If your business currently has a low credit score, try the following to reduce any harm to your rating:

  • Pay old and existing debt off on time

  • Work out payment plans that work for your business

  • Avoid applying to lots of lenders individually 

  • Make sure no County Court Judgements (CCJs) are held against your business 

How to qualify for a bad credit business loan?

Even if your business credit score is  lower than you expected, there are likely still options available to your business. Whether you're looking for a short-term loan to cover an unexpected bill, or needing a cash injection, we're here to help. 

To qualify for a bad credit business loan, lenders will typically look at factors like your business's operational history, your cash flow consistency, and your future financial projections. Providing security, such as property or high value equipment, can significantly enhance your chances of approval. If you operate as a B2B company, then you may even be able to use your invoices as security for the loan. This security helps mitigate the risk to lenders, making it easier for them to provide the financing you need. 

What do lenders look for?

Business finance lenders often have different underwriting techniques, but all will be looking and investigating a wide range of factors to help give them an overall picture of your business. This includes looking at:

  • Business sales, annual turnover and profit

  • Years of accounts filed 

  • Number of years of accounts filed

  • Past payment performance 

  • County Court Judgements 

  • Winding-up orders 

  • Reviews and testimonials

If you have a bad credit score, there is a range of business loans that you can apply to

Types of loans for businesses with bad credit

  • Merchant cash advance

    Fast, flexible business loans for businesses who take credit or debit card payments

    Learn more
  • Secured business loans

    Use assets to secure against a loan to better access to funding or more attractive terms

    Learn more
  • Unsecured business loans

    Easy, fast business loans with no requirement of security or guarantee

    Learn more
  • Asset finance

    Business loans secured against high-value assets

    Learn more
  • Invoice finance

    Selling invoices to lenders to free-up cash

    Learn more

Why choose us for your business loan needs?

If you've had problems with credit in the past, it doesn't mean that the door is completely shut when it comes to securing finance for your business. Although you may find it harder to get finance through high street banks and building societies, alternative lenders may be able to help. 

Capitalise can help to match your business with lenders who specialise in bad credit business loans. Working with 100+ UK lenders, we are ideally positioned to give you access to the whole market, so that you can find an option that’s right for your business. 

Frequently asked questions