Business Loans With No Minimum Credit Score

Steady Capital Solutions states that no specific personal or business credit score is required to apply. Approval is not automatic and depends on the independent financing provider’s underwriting review, business circumstances, cash flow, requested product, and other transaction details. Applicants may be matched with secured, unsecured, revolving, or revenue-based financing options.

Available options include business lines of credit, bridge or cash-flow-gap financing, revenue-based advances, working capital funding, growth and expansion financing, and invoice factoring. Options may be secured or unsecured, and some products use repayment tied to future sales. The specific product, provider, fees, and repayment terms depend on the applicant and transaction.

The catalog lists funding ranges from $10,000 to $5,000,000 for several options, while bridge financing and growth financing list amounts from $30,000 to $5,000,000. The amount available to an individual business is determined by the matched provider and its underwriting review. Pricing, fees, and repayment terms vary by applicant, provider, product type, and state.

Some listed financing options may receive approval decisions within 24 hours, while other descriptions refer to approvals in hours rather than weeks. Funding delivery may occur within days for certain products. Actual timing depends on the application, documentation, provider review, underwriting, and transaction requirements, so no approval or funding schedule is guaranteed.

Funding may help businesses cover supplies, payroll, accounts payable, inventory, marketing, rent, new projects, equipment, expansion, and other operating expenses. Cash-flow financing can also help address gaps caused by slow receivables or lower sales. Financing is for business purposes only and is not intended for personal, family, or household use.

Not necessarily. Steady Capital Solutions lists both secured and unsecured options. Unsecured options may not require collateral, while secured financing can involve collateral or other transaction requirements. Depending on the provider and product, a personal guarantee or UCC filing may also be required. The matched provider will disclose applicable conditions before an offer is accepted.

The catalog states that no application fees apply to certain listed financing options, including bridge or cash-flow-gap financing and growth and expansion financing. Other pricing, fees, charges, and repayment terms vary by applicant, provider, product type, and state. Transaction-specific written disclosures, including APR or equivalent cost metrics when applicable, are provided with an offer.

Businesses can apply online through Steady Capital Solutions. The platform reviews the application and may connect the applicant with an independent third-party financing provider. Applicants should be prepared to provide business information and proof of cash flow where required. Businesses applying for certain options must have been operating for at least 3 months.