I haven’t made any money in the past 5-6 months my bank account is negative $500 and is now closed and I don’t have any income. I started the company hoping to build but I only dug myself into a hole not having the right resources and capital. What can I do? I have bad credit and no money
Thank you for reaching out Johnell Sloan.
If you are in a difficult financial position, there are some lenders that will not consider your credit score. However, you will need to have outstanding customer invoices available to show that your business is operations.
You can see some of your options here : https://fitsmallbusiness.com/bad-credit-business-loans/.
In addition to this, there are some unsecured loans to consider, that don’t require collateral that you can find in our https://fitsmallbusiness.com/best-unsecured-business-loans/.
As a final measure, if you are unable to qualify for a loan, you should consult an attorney, you can find some business attorney’s in our https://fitsmallbusiness.com/small-business-lawyer/.
Best of luck!
You must be logged in to reply to this topic.
315 Madison Avenue, 24th Floor
New York, NY 10017
Disclaimer: We spend hours researching and writing our articles and strive to provide accurate, up-to-date content. However, our research is meant to aid your own, and we are not acting as licensed professionals. We recommend that you consult with your own lawyer, accountant, or other licensed professional for relevant business decisions. Click here to see our full disclaimer.
Product or company names, logos, and trademarks referred to on this site belong to their respective owners.