You might have considered setting up a Business in the past but when you looked into it the costs were just too much of a burden or, in seek of a loan perhaps you were refused credit based upon your credit rating. It really isn’t easy, especially if you have a low credit score through no fault of your own.
There are loads of reasons why your credit rating might be letting you down, understanding the troubles you might be facing, there are companies available who can help and, in some cases, completely regardless of your current credit rating. If anyone has a business idea that has the potential to make a healthy turnover and in turn, a profit, then everybody should be given a shot to make a go of it right?
Help is here
Obviously, you would have to speak with the companies offering the loans and find out what the criteria would be for start up business loans with bad credit ratings, but the great thing is that they are there to help you so would have support and guidance throughout the process. Some of the companies here to help can help you in the following areas and offer the following service features, all you have to do is call;
- Strong Private Lending lines since 1999
- Fastest Settlements
- Unlimited Defaults/Judgements and Arrears are acceptable
- Interest rates from 0.999% per month
- The Bad Credit Business Loan Specialists in Australia
- No LMI
- No Exit Fees
- No tax returns or financials required to verify income
- No valuation fees
- No credit checks
Maybe that dream isn’t too far away
It might be that you’ve made some mistakes in the past that you would change if you could, unfortunately though things like credit reports don’t always show that, if anything they can serve as an unwanted blemish that can be hard to get away from. Fortunately, with no credit checks that shouldn’t be an issue, although there are some things you could do to make your credit score look healthier.
For example, if you were to get a credit card (granted it might have a higher interest rate than you would like) the idea however would to be, to improve your credit rating. If you managed to get a card and were super strict with payments, then you can make the card work for you. You could just make a really small purchase each month, even for a utility bill and pay it back as soon as it is due then even over the space of a few months you will notice a positive difference in your credit rating.