The answer to the above will depend on the source of your business funding, or your chosen business funding solution. In some cases, a lender may require security and wish to look at your business plan. Some financial institutions will have a thorough look at your credit file and consider your credit history. However rest aqssured, our alternative finance is also suitable for those with bad credit.
Should you choose to fund your business with a business cash advance, very often no security or business plan is required, but credit history is considered. A cash advance will in most circumstances require you to be transacting with a credit or debit card terminal and be generating a minimum amount of revenue through these terminals.