Can entrepreneurs with poor credit apply for government small business loans?

While poor credit can affect your ability to qualify for a loan, it does not necessarily disqualify you. A strong small business plan, an appropriate amount of security and matching start up capital are some things that may qualify you for programmes designed for entrepreneurs with poor credit. Government assistance programmes for small business owners in unique situations are becoming more common, and there is a growing number of private lenders who may be willing to help you also. You can use our Startup Assessment Tool to aid you in this, and our support team are standing by to assist you by phone at 020 3880 8554 or 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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