Louisiana business loans can be hard to avail from traditional lenders, due to their rigid credit checks. However, with lenders like us, that is something you absolutely do not have to worry about. It is not unknown that hard credit checks lead to a reduction in your credit rating which makes it very difficult for borrowers to get funded in the future. So if every traditional lender they go to rejects their loan after conducting a hard credit check, it can make it almost impossible for them to receive a loan in the first place.
That’s not the case with lenders like BusinessCapitalUSA. We conduct no hard credit check which not only makes availing a loan from us easy, but also doesn’t hamper your credit rating. So if you have a bad credit score and apply with us, it is most likely that you will still be funded. The other major advantage is that when you pay back your loan on time, it will improve your credit score thus helping you get funded in the future with better rates.
Want A Louisiana Small Business Loan With No Collateral? Apply With Us!
When you apply for a small business loan in Louisiana with a traditional lender, there is no doubt that you will be asked to provide collateral, especially if you have a bad credit rating in order for them to consider your application. But that’s not the case with us. Apart from the fact that we do not conduct credit checks and do not make a judgement on whether or not to give you a loan depending on your past financial transactions, we also do not ask for any security. This is one of the major reasons why we are amongst the top lenders in the market. Even though our rates of interest are higher as compared to traditional lender’s loans, our benefits are endless.