No, Applying will not impact your credit score.
Bankruptcies can be a hurdle when it comes to securing a business loan. There are many different situations where business owners find themselves in this bind. Your bankruptcy will be assessed by the underwriter & it is at their discretion to pass or fail your file.
Depending on the criminal charges, we can generally figure something out. Odds are if you have felonies you will be excluded indefinitely from the SBA
There are a lot of different variables that go into getting a strong offer. The most important variables that come into play are the following; Credit strength, Payment history, Number of monthly deposits, Industry, Daily cash balances, and Consistent monthly deposits.
If you have defaulted in the past, you are not a good candidate for unsecured finance. However, we have other options available assuming the barrow has a strong credit profile.
