Bad Credit Business Loans — Get Approved with Scores as Low as 500
Turned down by banks? We specialize in funding businesses that traditional lenders reject. Your credit score does not define your business.
Your Options
Business Loan Options for Bad Credit
Multiple funding options designed for business owners who have been turned down by traditional banks.
Merchant Cash Advance
$5K - $2M
Most popular for bad credit
Based on your daily sales, not your credit score. Get funded in 24 hours with minimal documentation. Flexible daily remittance adjusts with your revenue.
Apply NowRevenue-Based Financing
$10K - $2M
Revenue is what matters
Qualify based on monthly bank deposits, not credit history. If your business generates consistent revenue, you can get funded regardless of your personal score.
Apply NowEquipment Financing
$10K - $5M
Equipment is your collateral
The equipment serves as collateral, so lenders focus less on credit. Finance new or used equipment even with scores in the low 500s.
Apply NowSecured Business Loans
$25K - $5M
Lower rates with collateral
Use business assets, inventory, or real estate to secure favorable terms even with a low credit score. Lower rates than unsecured options.
Apply NowThe Difference
How We Compare to Traditional Banks
Banks reject 70% of small business loan applications. See why thousands of business owners choose Slate Financial instead.
Real Talk
What Actually Matters When You Apply
Your credit score is just one small piece of the puzzle. Here is what our lenders actually focus on when reviewing your application.
Monthly Revenue
Consistent monthly revenue of $10K+ is the primary factor. Lenders want to see your business generates reliable income.
Bank Deposits
Regular business bank deposits show lenders you have steady cash flow. 4-6 months of statements is typically all you need.
Time in Business
4+ months in business shows stability. The longer your track record, the better terms you can qualify for.
Industry Type
We fund most industries. Some lenders specialize in specific sectors and may offer better terms.
Outstanding Debt
Existing loans and MCAs are considered but do not automatically disqualify you. We can even help consolidate MCA debt.
Credit Score
While we do look at credit scores, they carry much less weight than revenue and deposits. Scores as low as 500 are accepted.
Success Stories
Funded Despite Bad Credit
Real business owners who were rejected by banks but funded by Slate Financial.
My credit score was 520 after a rough year. Every bank turned me away. Slate Financial approved me for $75K in 48 hours based on my revenue alone.
James W.
Auto Repair Shop, Detroit, MI
I had a bankruptcy on my record and thought business funding was impossible. Slate got me $50K for inventory. My business is thriving now.
Diana S.
Retail Boutique, Nashville, TN
After being rejected by my bank for the third time, I found Slate Financial. They approved me the same day. No judgment, just solutions.
Carlos M.
Landscaping Company, Phoenix, AZ
FAQ
Bad Credit Business Loan Questions
Everything you need to know about getting a business loan with less-than-perfect credit.
Don't Let Your Credit Score Hold Back Your Business
Your business deserves funding regardless of your credit history. Apply now and see what you qualify for. No credit impact, no obligation.