Is it even possible for people with bad credit to get small business loans?

It is difficult, but not impossible, for people with bad credit to get small business loans, especially within the current economic climate. However, a number of government funding programmes have been approved that allow for an increased opportunity for people to borrow the money, bad credit or no. In some instances, bad credit may be an outright refusal. A lot of times, however, it may just warrant a higher interest rate instead. A valuable enough security can dramatically increase the likelihood of approval. To find out more about the borrowing options for people with bad credit, give us a call on 020 3880 8554. You can also get in touch with us online through our information request form.

There are hundreds of government funding schemes available for small business owners in the UK. In fact, our Funding Database currently has over 600 government funding schemes and over 500 private investors available for small business owners and startup entrepreneurs. What are you doing to take advantage of this? Become a member and start your search.

Take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at starting your small business. It just takes 30 seconds and will also tell you if there may be any funding assistance available.

Be sure to look at the hundreds of daily questions and answers we have from entrepreneurs like you who want to learn more about starting a business, creating a business plan, searching for funding. Our small business experts take the time to answer each and every single question, so if you have something on your mind – we can help!

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