Bad credit business loans
Funding possible up to $500k
Past bad credit history ok!
Secured and Unsecured options available
Loan term between 3-36 months
What Is a Bad Credit Business Loan?
Bad Credit Business Loans are designed for business owners with low credit scores or a history of defaults. These loans are typically short-term and may carry higher interest rates compared to standard financing options.
Running a business is challenging, and it’s common for business owners to have more credit issues than non-business owners due to past uncontrollable events. While a poor credit score can make obtaining a traditional bank loan difficult, it doesn’t mean you can never secure financing.
At Asset Funder, we assist business owners with less-than-perfect credit by providing solutions through our Bad Credit Business Loans.
Eligibility Criteria
- • Active ABN
- • Operating for more than 6 months
- • Minimum monthly turnover of $5,000
To start the loan process, first determine the loan amount needed to achieve your intended purpose.
Our Loan Guide
Bad Credit Business Loans
Loan Amount
$5k - $500k
Interest rates from
15.99% p.a.
Loan term
3 – 36 months
Pre - approved time
2 - 4 hrs
Unconditional approval & settlement time
24 – 72 hours
Pay Cycle
Daily/ Weekly/Fortnightly
Security
Depends on the loan amount.
Disclaimer - The information provided in this critical information sheet is for general guidance only. Please contact us if you require further details.
What you need to know?
Can be used for
- Buying stock/Inventory
- Paying wages/rent
- Expansion into branches or another unit
- Renovating business premises
- Other working capital needs
Documents required (low doc approval)
- Last 6 months bank statements
- Valid identification proof
Documents required (full doc approval)
- Financial statements
- ATO statement