Bad Credit Agency

What are the odds of obtaining a large scale business loan with bad credit?

I have a large project and I have an investor lined up with about 400K in start up capital but my personal credit is terrible because i basically just messed around through college and my buisness credit is unused. I am seeking about 2.5m with the building and property valued at 900K as collateral. It willl be pretty easy to fix my credit cause most of the negitive issues are less than $500.00 there are just alot of them. I would just like to know if anyone could tell me if these are favorable collateral terms for a lender and what my chances are of obtaining said loan.

Public Comments

1. slim to none, honestly
2. <1%. less than 1%
3. Small business loan are a great financial help for small business owners. Without monetary support, a business, whether it is big or small, can not be run smoothly. With a small business loan<!-- financing in small business is always possible. Can a borrower with bad credit score apply for a small business loan? Yes, they can. With the availability of a bad credit small business loan, a bad credit borrower can also finance in his small enterprise. http://best-loans.awardspace.com/businessloans.htm In the loan market, a bad credit small business loan is available both in secured and unsecured form. The secured option claims a security against the lending amount. Borrowers can use any sort of valuable object as a security-->it could be commercial or personal. Oppositely, the unsecured option comes without any such requirement. This option is appropriate for those entrepreneurs who are not interested in pledging their property against any loan.
4. my brother has a business that does 25,000,000 a year he still has a hard time getting b loans with real good credit.