Startups
Unsecured funding for a new business is possible, but it is underwritten on revenue. The honest dividing line is whether money is already moving through the account.
✓ Checking what you qualify for does not affect your credit score.
If your business is operating and depositing revenue — even for only a few months — there is something to underwrite. Deposit-based funding does not require pledged assets because the deposits themselves are the evidence.
If there is no revenue and no operating history, there is nothing to size an offer against. That is not a credit judgement; there is simply no data. Pre-revenue businesses are generally better served by grants, investors or personal resources.
Unsecured funding for a newer business is priced for the risk being taken. It is more expensive per dollar than secured or bank funding. That is a fair trade when it lets you take an opportunity you would otherwise miss, and a poor one if you are borrowing without a clear use.
Yes, if the business is generating deposits. Deposit-based funding is unsecured and sized against revenue.
There is no published cutoff, but there needs to be enough deposit history to size an offer — a few months at minimum.
Yes. Non-profits do not, and at least 50% ownership is required.
A newer credit file is read alongside deposits and time in business. Scores in the 500s are placed routinely.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
