Frequently Asked Questions

Can I get a loan with bad credit?
Yes, it’s possible. While credit scores are a key factor for most lenders, we offer alternative products that accommodate applicants with lower credit scores.

Can I secure a loan after bankruptcy?
Yes, although it may be more challenging. Many lenders require a period of financial recovery and credit improvement post-bankruptcy before approval.

What’s the minimum business tenure to qualify?
We currently require businesses to be operational for at least three months to qualify for financing.

Is a business plan necessary?
It depends on the loan type. For SBA loans, a business plan is mandatory, but many lenders may not require one. Regardless, having a clear plan can strengthen your application.

Is collateral required?
This depends on the product. Collateral is typically required for SBA and bank term loans but not for lines of credit, working capital, or merchant cash advances.