When you go in search for funding for your small business, you aren’t just asking those investors or lenders to invest in your idea or your plan. You’re asking them to invest in you personally. If your credit history is on the poor side, this can present a serious problem in most investment/lending situations.
The usual go-to for this situation seems to be crowdfunding. But for those that are interested in a much smoother, faster acquisition of funds there are few options. Fortunately for you, we found one of the very best alternative lenders around for just such situations.
Kabbage is Perfect for Those with Bad Credit History
Kabbage doesn’t even bother to leaf through your credit score, although they may want a peek at your business plan. Rather than basing their loan decision on more traditional methods, they request access to a few of your accounts in order to collect data that reflects your overall revenue and net worth.
The company also researchers your social media accounts to observe your online presence and reputation. This priligy online gives them a more rounded idea of what your mission, plan, and overall success rate currently are. It takes only minutes to apply and is very secure.
What Funding Can Kabbage Offer Your Small Business?
Kabbage.com specializes in short-term cash advances predominantly. After they assess the value of your current inventory, orders, holdings, etc. their algorithm will determine how much cash you qualify for. It could be as little as $500. Or it could be as much as $50,000.
How Can You Qualify for a Kabbage Loan?
Due to the nature of the inquiries that they submit in order to assess your risk factor, Kabbage only considers small business owners that use the following applications-
It is quicker and simpler than ever before to procure a loan for your small business. Even if you have a poor credit history, there are unconventional companies like Kabbage that can help.
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