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Hard Credit and Soft Credit Pulls: What You Need to Know

Hard Pull vs. Soft Pull: How They Affect Your Credit If you’re a small business owner thinking about applying for a loan, you know the importance of a good personal credit score. You might have already applied for a traditional loan and been denied on the basis of your credit score. While you can work […]

Top 10 Bad Credit Business Loans of 2019

Top 10 Bad Credit Business Loans of 2019 When you have bad credit, it feels like no one will ever lend you money again. Based on current FICO scores, a score ranging from 329 to 669 is considered a poor credit borrower on most applications, so falling in this range it is most likely that […]

Bad Credit Business Loans: A Good Thing

  Per the Small Business Administration (SBA), nearly two-thirds of all small businesses apply for loans annually. What is discouraging, however, is that only slightly more than one quarter of these applications are successful. The number of approvals for those with bad credit is even worse, which should concern a business owner who needs capital […]

Understanding Bad Credit Business Loans in 5 Minutes

So, you need a business loan, but you have bad credit? As you probably know, today you definitely have the option to get a bad credit business loan, but you may be wondering what that really means. Here is everything you need to know about bad credit business loans presented in a Q/A format that […]

What’s The Deal With Business Credit, Anyway?

If you are like any new small business owner, at some point you may have run into the issue of business credit. Business credit can be complicated, but when you build your business credit, you have access to much more funding than if you were to rely on your own personal credit. Here is some […]

Does Having Bad Credit Make Me A Bad Person?

It seems there is a social stigma around having a bad credit score that often results in negativity directed towards the person with bad credit. For example, how many times have you heard someone utter words like ”Don’t marry him or her, because their credit score is a nightmare. You will have financial problems for […]

Thought You Knew All About Bad Credit? Think Again!

When you are a small business owner, you often hear the term “bad credit” and are warned to avoid this phenomenon like the plague. Fortunately for those who cannot avoid it, there are companies like Shield Funding that offer small business loans bad credit without impressive tax returns or lengthy credit checks. Regardless, the questions […]

3 Ways to Build Credit While Paying Down Loans 

As an owner of a small business, you understand that taking out small business loans is often unavoidable. To be successful, most businesses need money in order to make money. It is just part of running a business. Luckily, there are plenty of ways that applying for credit and paying down loans can actually help […]

Alternative Financing Options for Small Business Owners with Bad Credit

Up until recently, traditional bank loans were the top lending source for most small businesses. Additionally, traditional banks generally only lent, and still only lend, money to individuals with excellent credit ratings, which typically means a credit score of 700 or higher. For most entrepreneurs with poor credit, this poses a Catch 22 type of […]

How Do I Establish Credit?

Applying for credit can often seem like a Catch 22. If you typically get a credit card by having a solid credit history, how do you get a credit card if you’ve never had one before? While this may seem like a crazy puzzle, thankfully, there are some other ways to establish credit, and you […]

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