Give us a call for more info 1-800-210-5649

High Risk Loans Blog Posts

By First American Merchant

Feel free to give us a call for more info 1-800-210-5649

Need Funding with Bad Credit? High Risk Business Loan 2019

You need low cost, flexible funding options, don’t you? Well, what to do if your credit is far from being excellent? This article will show that obtaining a bad credit business loan or funding isn’t as frustrating as you may think. Also, you’ll know how you can get a high risk business loan with ease. Small Business Funding with Poor Credit Serving as a calling card for your business, your credit score shows you haven’t been an excellent “manager” of your finances. The truth is that 500 – 550 (FICO score) will definitely put some rocks on your way. However, […]

Read More…

No Credit Check Equipment Financing: Are They a Reality or a Rumor?

It’s “all smiles” for the business owner when cash flow is perfect, and cash reserves are enough to fix any unanticipated financial problems. But a time comes when you hit rock bottom and seeking funding is your only way out. And when you begin the quest, one thing that clearly dawns on you is that credit score is a primary determining factor of your company’s financial fate. Most loan providers assess credit performance as part of their underwriting process before they accept your funding request. Fortunately, the rapid changes in the micro-business funding space have brought more business loan alternatives […]

Read More…

Open Your Dream Company With Business Funding

For many, owning their own businesses are the quintessential American Dream. Oftentimes, the best way to make your dream a reality is to market a skill that you are not only passionate about but that you have mastered. Whether its handcrafted jewelry or masonry, once you have decided what services you will offer and how they will value your customers, you need the business funding to get it off the ground. In here, lies the tricky part. Startups Have Much to Think About Where will you get the seed money? How you will keep enough cash on hand to handle […]

Read More…

Get a High Risk Business Loan Before Interest Rates Climb

In September, the Federal Reserve raised the interest rate for the third time this year to between 2 percent and 2.25 percent. Officials expect it rise again in December, and at least two more times in 2019. See, the Fed shifts the rates whenever it wants to trigger a change in the economy. The hikes are a good sign that the central banks have confidence in the economy. The Fed plans to raise the rates again to a neutral level that seeks to neither spur nor slow economic growth. As the economy expands, unemployment rates drop, and inflation running at […]

Read More…

Business Owners Optimism Rocks! Get a High Risk Business Loan

Business owner optimism is the highest its been since 2004 US small business owners have never been so much away from pessimism over the 15 year in the history of the Wells Fargo/Gallup Small Business Index. What about you? Are you optimistic about your business? Do you need high risk business loans to avoid running into obstacles? This article will help you get easily funded and provide more info on the topic. Business Owner Optimism The Wells Fargo/Gallup Small Business Index survey is based on open-ended question that small business owners answer concerning their business. The quarterly survey held recently […]

Read More…

Eligibility Criteria For a Micro-Business Loan

There are three core types of business loans available for small businesses: bank loans sponsored by the Small Business Administration, loans from web-based lenders and microloans from nonprofits. Before you apply for any of these products, it helps to find out if your firm meets the lender’s criteria: Bank loan You need good personal and business credit to make the grade for an SBA-sponsored bank loan.  However, the SBA offers business loans ($5,000 to $5 million) through banks with the 7(a) loan program. To qualify, you’ll need to present: Span of Operation: Many online lenders require at least a year […]

Read More…

Millennial Entrepreneurs Hiring: High Risk Business Loans

The number of millennials considering themselves “entrepreneurial” is increasing all over the world. Millennials have the potential to alter everything in the workplace. So, hiring is a highly important aspect to focus on. This article will tell what millennial business owners need to know about hiring a great team. Also, you’d learn where to obtain high risk business loans easily so to grow your business. Tips to Hire a Great Team and Get High Risk Business Loans Millennials are on the fast track towards changing today’s workforce for the better. They’re more focused on work/life balance and like spending less […]

Read More…

High Risk Business Loans From FAM

These days there’s a lot more to business loans than applying and qualifying with your local bank that a newbie merchant may need thorough advice when it comes to seeking out one. With traditional lenders only willing to partner with retailers in low risk niches; you stand no chance if your new venture is high-risk. You will likely stumble upon the category “high risk business loan” in your desperate hunt for a micro-business loan. And from what you’ve heard; it is not likely the best product to settle for. But what factors make it a less-than-ideal commercial funding product, and […]

Read More…

What it Means to be a High-Risk Business

When you need cash for your company or business startup, your first thought is probably to apply for a business loan at your local bank. However, when your get there, you might have been surprised to find out that they are unwilling to work with you. You have all the necessary paperwork and a strong business plan, so why have they closed the door in your face? After asking a few more questions, you find out that your business is considered “too risky”. What is a high-risk business, and what does this label mean for your business funding needs? What […]

Read More…

How to Find a Small Business Loan with Bad Credit

While there are many reasons why a company might be categorized as “high-risk”, this typically means the business is operating within a high-risk industry and/or a risk of financial failure exists. High chargeback rates and limited time in business will also push a business into this category. If you are struggling with bad credit, your business will definitely be considered “too risky” to extend a small business loan to. So where can you go from here? How to Get a Loan with Bad Credit Depending on how bad your credit score is, it will be very difficult – if not […]

Read More…