Businesses are marred with challenges which span beyond the generating business capital. Especially, with small business and startup entrepreneurs, the challenges of sustaining the business can be daunting. Often due to such challenges, business owners end up having bad credit. Despite this, the need for an additional business loan is always there.  How then should business owners work around this catch-22 situation, of securing Business Loan Poor Credit?

Well, all it takes is a determined hunt for lenders who are not fixated on high credit score. Since traditional bank loans are out of question, the business owners can set their sight on alternative lenders.

Traditional lenders prefer a FICO credit score above 670 in order to consider candidates suitable for receiving loans. This eliminates a lot of businesses and individuals having a credit score under 500, technically termed as Bad Credit score.

Here’s a list of lenders who offer Business Loan Poor Credit. While not all loan requirements are same, and every business has it’s a specific set of challenges, it is advised that one does the due diligence on the list given below.

1. BlueVine:
   1. BlueVine is the Best Lender for Fast Funding and offers a variety of Business Loan Poor Credit. The minimum criteria for the business are that it is operational for at least 6 months.
2. Kabbage:
   1. Kabbage is one of the best Lender for Small Loan Amounts and boasts of $6.5 billion financings to over 170000 business entities. The minimum loan amount starts at $500.
3. RapidAdvance:
   1. The best lender for New Businesses, RapidAdvance, offers an extensive selection of loan types to a business that has been operational for at least 6 months. Loan Amount ranges from $5000 to $1 million.
4. LoanBuilder:
   1. LoanBuilder is the best choice for those seeking Large Loan Amounts. It offers an online option to check the loan eligibility and grants loan between $5,000 to $500,000.
5. Fundbox:
   1. For those seeking Short Term loans, Fundbox is the best choice, which offers loan up to $100,000. The loan term is between 12 to 24 weeks.