where can i find an unsecured business loan for people with bad credit in the UK. staring a business?
I am in part time employment and also starting a buisiness. I have a registered private limited company but have capital set backs
Public Comments
- Google 'Unsecured business loan with bad credit history/rating' and you can take your pick! You'll have to do some comparing of interest rates though as they will probably be quite high!
- Your chance of getting an unsecured loan that is worth getting is nil, or at least as good as nil, unless you can get an overdraft facility from the bank which will probably need to be secured as well. Does the company have any assets of any kind? Money owing to the company, company cars and equipment etc? That's your best chance.
- Bad credit does not automatically mean that you do not get loans. I have found a good website which will help you solve your problem and you can find that website in my profile. Auto Loans, Bad Credit Loans, Business Loans, Home Loans, Personal Loans, Student Loans, Car Loan, loan consolidation, debt consolidation Etc, You can also improve your credit score, fix bad credit, get credit cards, repairing credit, building credit etc. WEBSITE IS IN MY PROFILE. Hope this helps you.
- A second mortgage is the preferred option if you have a one time big expense you need to cover. Examples of this include remodeling your kitchen, paying for a wedding, buying a new car or loan for staring a business. In these instances a second mortgage will probably work best for you. For more info about "bad credit" second mortgage, pls visit http://second-mortgage.toponegoods.com
* Some answers may have been provided by Yahoo! Answers.