Looking for business loan for my start up

[andyroberts]

Due to COVID-19, I am unable to arrange funds for the restaurant business. I was planning it to start it by August but due to this pandemic and my bad credit score, I was unable to do so. And now I am falling to arrange the funds for the same. Can anyone suggest how to get a small business loan with bad credit? I was able to find the mentioned ways only.

What Factors Go Into Approving bad credit business loans?

There are a variety of factors that go into weighing the decision to lend to business loans or provide one with funding.

1. Earnings statements:
2. Profit and loss (P&L) statement:
3. Cash Flow
4. Business credit report
5. Use of Loan
6. Business Plan

Know more about how to get a small business loan with bad credit