Bad Credit Business Loans

The best high risk and bad credit small business loans company July 2017

LVRG+Funding+Small+Business+Loans+Loan+Merchant+Cash+Advance+ACH+MCA+Yellowstone+Cresthill+Mantis+Strategic+Credibly+Retail+Capital+Everest+Fundworks.jpg

A bad credit small business loan or high-risk small business loan is a loan extended to a small business owner with little or poor credit, or to what is considered a high risk industry. If you have a bad credit history, or even no credit history, it’s not impossible for you to get a small business loan to grow your business, just don't expect it from your bank. Don't worry, we've got you covered! 

First and foremost, when seeking a high-risk small business loan, you have to be realistic and expect to pay a high interest rate. Lenders will want to minimize their risks by charging greater interest, or perhaps ensuring a short-term agreement. Another place to look for a high-risk small business loan with bad credit is a web-based lender, which is often a micro-lender. You can borrow a relatively small amount of money with bad credit from one of these lenders ($5,000-$25,000) and start to improve your credit score by paying the microloan back on time. “Non-bank” providers such as LVRG and their lending partners are the ones most willing to lend to businesses with low credit scores, under 2 years in business or to small business owners who lack collateral.

Well, the good news is... You have some options!

#1. High Risk Merchant Cash Advance (MCA's) - MCA's are offered to high risk merchants who are in higher risk or restricted industries by most other lenders, or have credit issues, bankruptcies, judgments, etc. There are only a few small business loan resources that are willing to fund high risk merchants, and LVRG leads the way. High Risk MCA's are available to businesses that have been classified as high risk, and are therefore unable to obtain bank loans or any other form of financing from traditional lending institutions.

Other terms often associated with a High Risk Merchant Cash Advance are: Same Day High Risk Small Business Financing, High Risk Merchant Cash Advance Loans, High Risk Business Cash Advance, Unsecured High Risk Business Loans, High Risk Merchant Money Advancement, High Risk Merchant Cash Financing, No Interest High Risk Merchant Loans, Unsecured High Risk Business Loans, High Risk Business Cash Advances, High Risk Merchant Cash Advance Loans, and High Risk Merchant Cash Advances.

A merchant cash advance can provide high risk small business borrowers with an upfront fixed amount of cash, up to $1,000,000 in as little as 24 hours, regardless of credit. The funding amount is based upon a percentage of the businesses credit card receivables or daily cash balances using historical credit card receipts and bank statements to determine the initial advance. The business pays back the advance, plus a percentage, often referred to as a discount factor or hold-back, from a portion of their credit card receivables or cash receipts. The remittances are drawn from the business customer on a daily, or weekly basis, until the obligation has been met.

best high risk and bad credit small business loans company July 2017

#2. Small Business Revenue Based Loan - A small business revenue based loan could be your businesses lifeblood and provide it with several financial benefits. When your business is growing, chances are you'll need an injection of cash to continue its growth. Bank loans are often times too restrictive and near impossible to obtain these days anyway. In this situation, a revenue based loan may be the best solution, especially if you are in a high risk industry, have minimal time in business, lack collateral or have credit challenges. If you use it wisely, a revenue based loan could do wonders for your business. Without being capitalized, chances are you will wind up in a growth stalemate and a revenue based small business loan may be a perfect option for you. 

If your business is under 2 years old and starting to scale, you obviously want to ride the wave. You cannot do this without a dependable source of capital. Bank criteria is typically a minimum of 2 years in business, strong cash flow, positive ratios and perfect credit. However, revenue based loans are offered based off revenue and cash flow, not credit or collateral. This type of loan will give you a shortcut to cash since it only requires a few months of business bank statements; whereas banks require 2 to 3 year business and personal tax returns, income statement, balance sheet, personal financial statement, debt schedule and countless other documents to complete loan package. Many times, your bank statements are enough to demonstrate that you can repay your loan.

A revenue based loan could be highly advantageous for your business, and quite simple to obtain no matter what your credit score, collateral or time in business. It helps you grow your business quickly and it does not saddle you down with long-term, highly encumbering debt. It gives you the cash that you need quickly, to grow your business your way. What more could a growing business need?

#3. Small Business Cash Flow Loan - Even if your small business is growing, you may find yourself needing extra cash to cover day-to-day expenses such as payroll, rent and inventory, or to pay for short-term projects that could grow your revenue in the long run. Uneven cash flow is one of the biggest challenges of small businesses throughout all industries. For this type of business financing, lenders provide you funds and use your future expected cash flow as collateral for the loan. You’re essentially borrowing from cash that you expect to receive in the future by giving the lender the rights to a predetermined amount of these receivables. These are primarily used for working capital or take advantage of short-term ROI opportunities. Your credit scores will usually be checked, but they play less of a role. As the name indicates, the lender is more concerned with inspecting your cash flow (usually bank statements) to approve your application. Turnaround time is another great feature of a cash flow loan, as funding usually takes place in as little as 1 day in some cases.

One of the greatest benefits of a bad credit small business loans or high risk small business loans offered by LVRG, is that the funds can be used for a host of business expenses. There are typically no restrictions on how you choose to use your capital, however some of the more typical uses include:

  • Buying Equipment – Could a new computer, desk, telephone, cash register, POS system or software come in handy? Money to pay for the purchase of necessary business equipment could help boost your profits.

  • Paying Employees – Instead of running your business like a one-man show, a few extra hands could really help. Spending borrowed money on employee’s salaries can be the answer rather than disrupting your cash flow to cover this expense.

  • Purchasing Inventory – One of the most common uses for high risk small business funding is buying inventory. It takes products in stock to make business profitable, so it only makes sense to invest in enough inventory to make sure you always have enough to sell to customers.

  • Expanding the Business – If your business is experiencing some success, you might want to start thinking about taking things to the next level. A lump sum of immediate cash might be just what you need to get business booming.

Other uses of this capital may include: 

  • Marketing Campaigns

  • Payroll

  • Franchise Fees

  • Debt Refinance

  • Leasehold Improvements

  • Expansion and Remodeling

  • Furniture and Fixtures

  • Machinery and Equipment

  • Real Estate Purchase

  • Licensing Fees

  • Working Capital

It's important to note that high risk merchant cash advances, cash flow loans and revenue based loans are non-collateral borrowings, meaning there is no asset protection for the lender. Because there is no surety that the borrower will repay the money or collateral protection, it's only fair to assume you'll pay higher interest rates, or factor rates on the money. You can't expect bank rates; with bad credit and/or challenged credit history, minimal underwriting, no collateral or being in a high risk industry, etc.

There are a few other reasons your business may be classified as high risk, such as:

  • Poor Credit

  • Home Based Businesses

  • Tax Liens

  • Out of the Box Business

  • Vapor or Hemp

  • New Owner of Establish Business

  • Businesses with Large Financial Liabilities

  • Many Position Files – Meaning you have multiple MCA’s currently outstanding

In addition to the much easier method of obtaining working capital from a high risk small business funding source such as LVRG, the small business financing options mentioned above have a many incentives when it comes to small business financing: 

  • Much quicker approval times. This translates to faster cash-in-hand, allowing you to take advantage of current market prices. Whereas business loans require you to have collateral in order to gain favorable consideration, a cash flow or revenue based small business loan product simply requires you to be subject to a limited amount of conditions.

  • A merchant cash advance or high risk small business loan is also much more beneficial to the cash flow of a company since it does not require any monthly payments or upfront fees that are characteristic of loans.

  • There is no limitation on how the funds acquired from bad credit small business loan or high risk merchant cash advance can be used. Funds that are loaned through a financial institution must be used for the stated purpose by the business. As a result, money from a business loan has a very narrow scope of action as compared to money that comes from a revenue based small business loan product.

  • No worries about points of upfront fees

LVRG is able to provide high risk business funding and bad credit small business loans to industries most lenders won’t even consider. Some of the industries that we are able to provide fast working capital financing to, are as follows:

Home Businesses • Sole Proprietorship's • California Businesses • Construction • Bail Bonds • Antiques (No Special Orders)• Rental Or Sales Agencies • Collectibles/Memorabilia • Computer Hardware Sales, Service & Repair • Educational Materials / Seminars/ Self Help • Escort Service & Adult Entertainment • Internet Business Lead Lists (All Types) • MLM – Multi Level Marketing (Product Sales Only) • Modeling Agencies & Talent Agencies • Moving Companies • Online Malls • Online / Mail Order • Event Ticket Sales • Private Investigators • Public Relations Services • Real Estate Related Industries • Security Equipment & Surveillance Equipment / Service Providers • Travel Agencies • Web Advertising • Vapor & Hemp

Bad credit and high risk business loans can provide high risk small business owners with an upfront fixed amount of cash of up to $1,000,000 in as little as 24 hours. The funding amount is based upon a percentage of the businesses credit card receivables or daily cash balances using historical credit card receipts and bank statements to determine the initial advance, or loan. The remittances are drawn from the business customer on a daily or weekly basis until the obligation has been met.

A decade ago there were only about ten merchant cash advance lenders in existence. Today there are thousands. There is wide variation between the pricing and terms across MCA providers so it is very important to know what lenders are out there, and the fees attached. Furthermore, not all Merchant Cash Advance lenders are created equal and many are only interested in increasing their bottom line, not yours. So, it's imperative you choose wisely. LVRG is a team of the right people working with the right data getting you the right-sized funding for your business. At LVRG, we believe we are different from other lending firms. We never set out to be the biggest, but we do strive to be the best. Our deep sense of integrity, professionalism, and commitment to the spirit of entrepreneurialism propel our determination to provide assistance to small business owners in a challenging economic climate. For these reasons and many others, LVRG Funding is best high risk and bad credit small business loans company July 2017. Bad credit or not, we’re here to help your business grow. Call (855) 998-5874 or click below to get started.

 

Why don't business cash advances improve your business credit?

Why don't business cash advances improve your business credit?

Very simply, they don’t report to the credit agencies. A Merchant Cash Advance (MCA) can provide business borrowers with an upfront fixed amount of cash in as little as 24 hours. The funding amount is based upon a percentage of the businesses credit card receivables or daily cash balances using historical credit card receipts and bank statements to determine the initial advance. The business pays back the advance, plus a percentage, often referred to as a discount factor, from a portion of their credit card receivables or cash available plus a percentage which is often referred to as a discount factor. The remittances are drawn from the business customer on a daily, weekly or monthly basis until the obligation has been met. An MCA is not technically a small business loan and as such MCA's are not limited in what rates they charge or what terms they establish and therefore often have high interest rates. For this reason it is very important for a business owner to be completely aware of how the MCA product works and how it could affect their business. MCA's are good options for small business owners who may not have strong credit but have lots of credit card activity and need financing quickly.

If you’re interested in learning more, the following link will get you to a great article that breaks it all down:

Although Often Misunderstood, a Small Business Cash Advance or Credit Card Merchant Cash Advance Could Work Wonders For Your Business...If Used Correctly!

High Risk Industry Small Business Cash Advances: Speed Funding 2nd - 7th Position $15,000 to $500,000

We are well known for “Speed Funding” the following HIGH RISK businesses:

Sweet Spots - NOBODY Beats Us!
1. 2nd - 7th position business cash advances funding $15,000-$500,000.
2. Same day add-ons following any other funder in the industry. ANY! Same Day!
3. Beating other funder's best & final offers - We can underwrite in minutes!

  • Poor Credit

  • Home based businesses

  • Tax liens (case by case)

  • Out of the box businesses / industries

  • Vapor/ Hemp

  • New owner of establish business

  • Businesses with large financial liabilities

  • Files over $200,000

  • Many position files

  • We love Construction

  • We love Transportation

High Risk Industry Small Business Cash Advances: Speed Funding 2nd - 7th Position $15,000 to $500,000

  • HOME BUSINESSES

  • SOLE PROPRIETORSHIPS

  • CONSTRUCTION

  • BAIL BONDS

  • ANTIQUES (NO SPECIAL ORDERS)

  • RENTAL OR SALES AGENCIES

  • COLLECTIBLES & MEMORABILIA

  • COMPUTER HARDWARE SALES, SERVICE AND REPAIR

  • EDUCATIONAL MATERIALS / SEMINARS/ SELF HELP

  • INTERNET BUSINESS

  • LEAD LISTS (ALL TYPES)

  • MLM – MULTI LEAD MARKETING (PRODUCT SALES ONLY)

  • MODELING-TALENT AGENCIES

  • MOVING COMPANIES

  • ONLINE MALLS

  • ONLINE / MAIL ORDER EVENT TICKET SALES

  • PRIVATE INVESTIGATORS

  • PUBLIC RELATIONS SERVICES

  • REAL ESTATE RELATED INDUSTRIES

  • SECURITY, SURVEILLANCE EQUIPMENT & SERVICE PROVIDERS

  • TRAVEL AGENCIES

  • WEB ADVERTISING

Stipulations for Funding:

  • Signed Contract

  • Business License

  • Clear Voided Check

  • Last 2 Months of Rent Checks (no landlord or site inspection needed!!)

  • Bank login credentials with all security questions

  • Clear driver’s license (we require a color scanned copy front & back)

  • Merchant Interview

  • Followed by WIRE to merchant within 10 Minutes

 

The Nation's Go-To Funding Company for High Risk Small Business Loans

Owners of small and medium-sized businesses often face one common challenge. They need capital to grow and strengthen their businesses, but bad credit may be holding them back. Forget trying to get a loan or line of credit from a “traditional” financial institution. Banks are just not lending to small businesses; and if you have bad credit or in a high risk industry, you can guarantee a rejection for bank financing.  

Bad credit and high risk business loans are offered to high risk business owners, or to those folks who have bad credit which make them ineligible for any type of bank financing. There are only a few small business funders who offer bad credit and high risk business loans, and LVRG leads the way.

There are many different names that are associated with bad credit small business loans and high risk business loans, such as: High Risk Merchant Cash Advance, Same Day High Risk Small Business Financing, High Risk Merchant Cash Advance Loans, High Risk Business Cash Advance, Unsecured High Risk Business Loans, High Risk Merchant Money Advancement, High Risk Merchant Cash Financing, No Interest High Risk Merchant Loans, Unsecured High Risk Business Loans, High Risk Business Cash Advances, High Risk Merchant Cash Advance Loans, and High Risk Merchant Cash Advances.

Businesses need capital to grow, plain and simple. Today’s business owner is constantly on the lookout for growth opportunities and must move quickly to take advantage of them. An opportunity for an acquisition or expansion can arise suddenly and needs an immediate response and immediate cash. There’s also the need to purchase equipment or inventory. And of course, there will always be emergencies and cash flow gaps that need to be quickly managed with working capital.Our bad credit business loans and high risk small business loans were developed with small businesses in mind and provide a number of clear benefits:

  • Shorter terms, usually 4-12 months
  • Simple repayment terms
  • Quick turnaround, as in approval, underwriting and funding
  • Fast access to funds, with money in your account in as little as 24 hours
  • Quick and easy application process; little paperwork required

We don't care about your credit, or your industry for that matter. In fact, we look at so much more beyond your credit history:

  • Is your business growing?
  • Are there growth opportunities ahead that financing will help you leverage?
  • Are you paying vendors?
  • How is your cash flow history?

We've found that poor credit history is not a good predictor of future business growth or success. Instead, it’s knowing when to seek business financing and having a plan for how you’ll use the capital to generate more revenue or accelerate it. Bad credit and high risk business loans more than pay for themselves when you factor in the additional revenue they help generate and business costs they can save.

Business owners with bad credit are using these business loans just like everyone else, to take their businesses to the next level:

  • Expand or remodel
  • Even out cash flow, during non-peak or pre-rush seasons
  • Purchase inventory
  • Purchase equipment, from machinery to vehicles to furniture to technology
  • Launch new marketing or advertising campaigns
  • Expand their staffs and training
  • Acquire another business
  • Introduce new products

There are many reasons why traditional lenders choose to classify a business as a high risk when it comes to borrowing money. Some typical high risk businesses are restaurants, construction companies, many seasonal and cyclical businesses. Even most new or young companies are considered high risk simply because they do not have a track record or proven sustainability. LVRG Funding has experience lending to high risk business owners, we understand that many of these companies are proven earners and deserve a small business loan regardless of their industry, credit history or time in business.

LVRG is able to provide bad credit small business loans and high risk business loans that most lenders won’t even consider. Some of the high risk industries that we are able to provide fast working capital financing to, are as follows:

Will fund High RISK Merchants:

  • Home Based Businesses
  • Sole Proprietorship
  • Construction & Contractors
  • Bail Bonds
  • Rental or Sales Agencies
  • Collectibles & Memorabilia
  • Computer Hardware Sales, Service and Repair
  • Educational Materials, Seminars & Self Help
  • Adult Entertainment
  • Internet Businesses
  • Lead Lists
  • MLM - Multi Level Marketing
  • Modeling Agencies & Talent Agencies
  • Moving Companies
  • Online Malls
  • Online or Mail Order Event Ticket Sales
  • PI's - Private Investigators
  • Public Relations Services
  • Real Estate Related Industries
  • Security and Surveillance Equipment
  • Travel Agencies
  • Web Advertising

Bad credit small business loans and high risk business funding can provide high risk small business owners with an upfront fixed amount of cash of up to $1,000,000 in as little as 24 hours. The funding amount is based upon a percentage of the businesses credit card receivables or daily cash balances using historical credit card receipts and bank statements to determine the initial advance, or loan. The remittances are drawn from the business customer on a daily or weekly basis until the obligation has been met.

Whether you have cash flow issues, history of liens, judgments, or even a bankruptcy... you can still get up to $1 Million to grow your business in as little as 24 hours. Get the funding you need to make this the business holiday season ever! Short term small business loans, bad credit small business loans and high risk business loans from LVRG have helped thousands of businesses just like yours not only turn the corner, but pull ahead in the race. Bad credit or not, we’re here to help your business grow. Call (855) 998-5874 or click below to get started.

 

Bad Credit & High Risk Small Business Loans to BOOST Holiday Revenue. Poor Credit Fast Business Cash!

Owners of small and medium-sized businesses often face one common challenge. They need capital to grow and strengthen their businesses, but bad credit may be holding them back. Forget trying to get a loan or line of credit from a “traditional” financial institution. Banks are just not lending to small businesses; and if you have bad credit or in a high risk industry, you can guarantee a rejection for bank financing.  

Bad credit and high risk business loans are offered to high risk business owners, or to those folks who have bad credit which make them ineligible for any type of bank financing. There are only a few small business funders who offer bad credit and high risk business loans, and LVRG leads the way.

Businesses need capital to grow, plain and simple. Today’s business owner is constantly on the lookout for growth opportunities and must move quickly to take advantage of them. An opportunity for an acquisition or expansion can arise suddenly and needs an immediate response and immediate cash. There’s also the need to purchase equipment or inventory. And of course, there will always be emergencies and cash flow gaps that need to be quickly managed with working capital.Our bad credit business loans and high risk business loans were developed with small businesses in mind and provide a number of clear benefits:

  • Shorter terms, usually 4-12 months

  • Simple repayment terms

  • Quick turnaround, as in approval, underwriting and funding

  • Fast access to funds, with money in your account in as little as 24 hours

  • Quick and easy application process; little paperwork required

We don't care about your credit, or your industry for that matter. In fact, we look at so much more beyond your credit history:

  • Is your business growing?

  • Are there growth opportunities ahead that financing will help you leverage?

  • Are you paying vendors?

  • How is your cash flow history?

We've found that poor credit history is not a good predictor of future business growth or success. Instead, it’s knowing when to seek business financing and having a plan for how you’ll use the capital to generate more revenue or accelerate it. Bad credit and high risk business loans more than pay for themselves when you factor in the additional revenue they help generate and business costs they can save.

There are many reasons why traditional lenders choose to classify a business as a high risk when it comes to borrowing money. Some typical high risk businesses are restaurants, construction companies, many seasonal and cyclical businesses. Even most new or young companies are considered high risk simply because they do not have a track record or proven sustainability. LVRG Funding has experience lending to high risk business owners, we understand that many of these companies are proven earners and deserve a small business loan regardless of their industry, credit history or time in business.

What are some options for small business owners with poor credit or in a high risk industry that need business cash fast for the holiday season?

#1. Small Business Revenue Based Loan - A small business revenue based loan could be your businesses lifeblood and provide it with several financial benefits. When your business is growing, chances are you'll need an injection of cash to continue its growth. Bank loans are often times too restrictive and near impossible to obtain these days anyway. In this situation, a revenue based loan may be the best solution, especially if you are in a high risk industry, have minimal time in business, lack collateral or have credit challenges. If you use it wisely, a revenue based loan could do wonders for your small business. Without being capitalized, chances are you will wind up in a growth stalemate and a revenue based small business loan may be a perfect option for you.

If your business is under 2 years old and starting to scale, you obviously want to ride the wave. You cannot do this without a dependable source of capital. Bank criteria is typically a minimum of 2 years in business, strong cash flow, positive ratios and perfect credit. However, revenue based loans are offered based off revenue and cash flow, not credit or collateral. Many times, your bank statements are enough to demonstrate that you can repay your loan.

A revenue based loan could be highly advantageous for your business, and quite simple to obtain no matter what your credit score, collateral or time in business. It helps you grow your business quickly and it does not saddle you down with long-term, highly encumbering debt. It gives you the cash that you need quickly, to grow your business your way. What more could a growing business need?

#2. Poor Credit Business Cash Advance - Poor credit business cash advances are offered to small business owners with poor credit, or those who have credit issues, bankruptcies, judgments, etc. There are only a few small business lenders that are willing to fund high risk merchants, and LVRG leads the way. Poor credit business cash advances are available to businesses that have been classified as high risk, and are therefore unable to obtain bank loans or any other form of financing from traditional lending institutions.

A poor credit business cash advance can provide small business owners with poor credit an upfront fixed amount of cash, up to $1,000,000 in as little as 24 hours. The funding amount is based upon a percentage of the businesses credit card receivables or daily cash balances using historical credit card receipts and bank statements to determine the initial advance. The business pays back the advance, plus a percentage, often referred to as a discount factor or hold-back, from a portion of their credit card receivables or cash receipts. The remittances are drawn from the small business owner on a daily, or weekly basis, until the obligation has been met. This is a highly streamlined and simple solutions, to get cash in the door quickly.

#3. Poor Credit Small Business Cash Flow Loan - Even if your small business is growing, you may find yourself needing extra cash to cover day-to-day expenses such as payroll, rent and inventory, or to pay for short-term projects that could grow your revenue in the long run. Uneven cash flow is one of the biggest challenges of small businesses throughout all industries. For this type of business financing, lenders provide you funds and use your future expected cash flow as collateral for the loan. You’re essentially borrowing from cash that you expect to receive in the future by giving the lender the rights to a predetermined amount of these receivables. These are primarily used for working capital or take advantage of short-term ROI opportunities. As the name indicates, the lender is more concerned with inspecting your cash flow (usually bank statements) to approve your application. Turnaround time is another great feature of a cash flow loan, as funding usually takes place in as little as 1 day in some cases.

One of the greatest benefits of a poor credit small business loans, revenue based small business loans, or a bad credit business cash advance, is that the funds can be used for a host of business expenses. There are typically no restrictions on how you choose to use your capital, however some of the more typical uses include:

  • Buying Equipment – Could a new computer, desk, telephone, cash register, POS system or software come in handy? Money to pay for the purchase of necessary business equipment could help boost your profits.

  • Paying Employees – Instead of running your business like a one-man show, a few extra hands could really help. Spending borrowed money on employee’s salaries can be the answer rather than disrupting your cash flow to cover this expense.

  • Purchasing Inventory – One of the most common uses for high risk small business funding is buying inventory. It takes products in stock to make business profitable, so it only makes sense to invest in enough inventory to make sure you always have enough to sell to customers.

  • Expanding the Business – If your business is experiencing some success, you might want to start thinking about taking things to the next level. A lump sum of immediate cash might be just what you need to get business booming.

Bad credit and high risk business loans can provide high risk small business owners with an upfront fixed amount of cash of up to $1,000,000 in as little as 24 hours. The funding amount is based upon a percentage of the businesses credit card receivables or daily cash balances using historical credit card receipts and bank statements to determine the initial advance, or loan. The remittances are drawn from the business customer on a daily or weekly basis until the obligation has been met.

Whether you have cash flow issues, history of liens, judgments, or even a bankruptcy... you can still get up to $1 Million to grow your business in as little as 24 hours. Get the funding you need to make this the business holiday season ever! Short term small business loans, bad credit small business loans and high risk business loans from LVRG have helped thousands of businesses just like yours not only turn the corner, but pull ahead in the race. Bad credit or not, we’re here to help your business grow. Call (855) 998-5874 or click below to get started.

MULTIPLE FUNDS MUST BE DEPLOYED AND OFF THE BOOKS BY THE END OF THE YEAR. WE HAVE TO GET THIS CAPITAL OUT ASAP. FINAL PUSH OF 2016. THE TIME IS NOW!