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It is possible, but you would pay a higher interest rate. Go to sba.gov for further information.

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15y ago

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Am I eligible for SBA loans if I have bad credit?

Yes. You may have to pay a higher fee, but there is still hopes of you getting approved - especially if you have a good business plan.


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One can compare unsecured bad credit loans online by looking for the website Personal Loans For Bad Credit. There are other sites out there, but this site can do the comparisons of bad credit loans.


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Where can one find more about SBA business loans?

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How hard is it to get credit for a small business?

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