A credit history is something that many companies simply can’t escape from: If your business’ credit history is great then you’ll never need to look for bad credit business loans – if your business has a record of not paying debts or paying late, a bad credit business loan could be your only method of borrowing cash. Perhaps the main issue surrounding bad credit business loans is the fact that banks are now more reluctant than ever to hand them out as they look to cut out risky lending completely. If you’re on the lookout for bad credit business loans and all of your applications have been declined so far, make sure you check out what we have to offer here at Rivis Capital.
In short we don’t discriminate against those with a bad credit history like banks do. Here at Rivis Capital we offer a form of financing known as a business cash advance – which is a flexible way of borrowing the money that your business needs in order to survive long into the future. It doesn’t matter if your business has a bad credit history because we look at many other factors when deciding whether to work with you or not.
We offer merchant cash advances of up to $1 million, which is more than enough for most businesses who are seeking finance. The best way to find out exactly how much we can offer for your business is to get in touch and have one of our advisors assess your situation.
You won’t have to repay a fixed lump sum each month like you would with a bad credit business loan from a bank. Instead you only need to repay a percentage of your sales – therefore if sales are high you’ll pay back more, if they’re weak you’ll pay back less. This is a great way to make repayments because it ensures that your business is never struck down due to prohibitively high business loan repayments.
There’s not a lot more to say except that a bad credit business loan may not always be the best solution for your business. Pick up the phone and get in touch with us today because you might find that a merchant cash advance is a much better form of a business financing for your business.