For some business owners, a credit check could be out of the question when applying for business funding. Some simply don’t want a hard inquiry to show up and subsequently damaging their existing credit score, and others are intimately familiar with their credit score and know that, in some cases, it can immediately disqualify them. Whatever the reason is, identifying a financing option to fit your needs can be difficult, but it’s not impossible. There are a variety of options, including working capital loans through your payment process, merchant cash advances, invoice factoring, and crowdfunding.
Learn more about your options and gain insight into how your business and personal credit are used when you apply for business financing.