Can i get a small business loan with bad personal credit

 

can i get a small business loan with bad personal credit

Can i get a small business loan with bad personal credit

Right off the top... The U.S. government does not currently provide direct grants to individuals for starting or expanding a small business. However, the government does offer plenty of free help in planning how to start or improve your business and in securing low-interest SBA-backed small business loans . In addition, many states DO offer small business grants to individuals.

The "SBA" is the U.S. Small Business Administration . Since 1953, the SBA has helped thousands of Americans start  small businesses . Today. SBA offices in every state, the District of Columbia , the Virgin Islands and Puerto Rico assist with planning, financing, training and advocacy for small firms.

If your business is or will be independently owned and operated, not dominant in its field, and meets the maximum business size standards required, then yes, the SBA can help you. Here's how: