Credit Score: 580

Funding With Credit Score 580

Your options are limited but funding is still accessible. Focus on revenue and time in business.

Funding Options at Credit Score 580

Merchant Cash Advance

Most likely option at this score

Eligible

Business Line of Credit

Not Eligible

Term Loans

Not Eligible

Equipment Financing

Equipment serves as collateral

Eligible

Tips to Improve Approval Odds

  • 1Strong monthly revenue ($10K+) is critical at this score level
  • 26+ months in business required by most funders
  • 3Show consistent bank statements to improve approval odds
  • 4Be prepared for higher factor rates due to credit risk

Ready to Get Funded?

Our network includes funders who work with all credit levels. Get matched with the best option for your business.

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