Credit score & business funding
The honest map of what credit score you need for which funding product — and what to do when your score doesn't yet match the product you want. Written by people who see thousands of real business credit files a year.
How credit affects your funding options
Credit changes the price and the type of funding more than whether funding exists at all. Banks and SBA lenders usually want strong personal credit. Online lenders, equipment lenders and revenue-based funders weigh bank statements and revenue more heavily.
Minimum scores vary by lender and product; some accept scores in the 500s at a higher cost. If your score is low, focus on clean bank statements, avoid stacking advances, and plan to refinance once your credit improves.
Through Outset Funding you need $10,000+ in monthly revenue and 6+ months in business. Approval is always set by the lender.