Best Small Business Loans with Bad Credit
If you're after the best small business loans with bad credit, the good news is that a low FICO isn't the dealbreaker it used to be. Many lenders now underwrite on cash flow, your bank deposits and revenue, rather than your personal credit score alone. A business doing $40,000 a month with a 560 score often has real options. The best loan for you is the one whose lender weighs your strengths, not just your weakest number. Quordx Capital finds those lenders, free, with decisions in 24-48 hours.
This guide is part of our full library on Business Loans. Start there for the complete lineup, then come back for the deep dive on your situation.
Last updated · Reviewed by Cody Dreis
50+ Lenders|Funding in as little as 24 hours
How Does Bad Credit Affect Your Options?
Traditional banks and SBA programs lean heavily on credit, so they're tougher with a low score and longer to decide. But revenue-based and asset-based lenders care more about consistent deposits and the value of what you're financing. That shift is what opens doors when your FICO is weak, your day-to-day cash flow does the talking.
Quordx Capital routes your file specifically to lenders who underwrite on cash flow, so you're matched where your revenue carries the application instead of wasting pulls on banks that will only see the score and decline.
Which Loans Fit Bad Credit?
Merchant Cash Advance: Underwritten on card and deposit volume, not FICO; presented honestly with factor 1.20-1.35, so $30,000 at 1.30 repays about $39,000. Best for revenue-strong businesses with a clear, short use.
Equipment Financing: The asset secures the loan, which eases credit requirements since the lender can recover the equipment. Best for financing gear or vehicles.
Working Capital Loan: Cash-flow-based and fast, $5,000-$500,000. Best for near-term operating needs despite a low score.
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Written by
Cody Dreis
Founder, Quordx Capital
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Important Disclosures
Quordx Capital is a business funding broker, not a lender. We facilitate introductions between U.S. small and medium-sized businesses and lenders or capital providers in our network. All credit decisions, funding amounts, rates, fees, repayment terms, and timelines are determined solely by individual lenders based on their own underwriting criteria.
Funding figures and timelines shown on this page are illustrative and represent ranges within our lender network, they are not guarantees and individual outcomes may vary based on business profile, industry, time in business, revenue, credit history, and lender availability. Not all applicants qualify for every product.
The initial inquiry does not impact your personal credit score. Some lenders may perform a hard credit pull during underwriting; Quordx only authorizes such checks with your specific consent for the lender presenting an offer. Applicants are protected under the Equal Credit Opportunity Act (ECOA) from discrimination based on race, color, religion, national origin, sex, marital status, age, or because all or part of an applicant's income derives from any public-assistance program.
This Site is intended for commercial, business-purpose financing for U.S. businesses only. Not available for consumer loans, residential mortgages, or owner-occupied real estate. Quordx may receive compensation from lenders when applications result in funded transactions. This does not change the rate, fee, or terms offered to you. See our Advertiser Disclosure for details.
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