Finding business finance can be difficult when you don’t have the borrowing history to show you are a reliable borrower. Too many Australians are stuck in a bad credit position, left with piling rejection letters, and looking for financing. For those with bad credit or no credit history, a fantastic loan option is a no credit check loan. Each time you inquire to a bank they check your credit score and with each enquiry your credit score is negatively affected. No credit check loans have huge advantages for the credit impaired applicant as the credit score requirements are less restrictive than a bank’s loan options.
No Credit Check Loans Advantages:
- No credit check
- No credit score impairment
- Fewer lending requirements
- Better approval rate
- Happier borrowers
A low credit score is not the end of the road, see how Huong successfully applied and got his no credit check business loan to start an Australian nursery!
No Credit Check Loans for Australian Businesses
Huong migrated from Vietnam with his family in 2011, excited to experience the Australian dream. He had a green thumb and was interested in starting his own nursery in Australia. Coming from overseas, Huong used all of his money to move his family and was left with little cash. He knew if he could find business financing he could be successful as he knew the trade and had a passion for growing plants. Unfortunately, Huong had no credit history and was struggling to find a lender.
After travelling from bank to bank and getting rejected Huong started to get frustrated and was worried he was running out of options. He looked online and found a business lender, ALC Commercial, which offered no credit check loans. Huong realised he had an amazing opportunity to be evaluated as a borrower for something other than his credit score and applied immediately. Huong was approved within the hour and had access to his no credit check loan within two days. Overjoyed he began planning the grand opening of his nursery!
Apply for No Credit Check Business LoansAre you fed up with banks rejecting your loan applications? It’s hard enough with all the paperwork they ask of you to see if you qualify, get out from under their oppressive lending restrictions. Check out ALC Commercial and get your Australian business off the ground with no credit check loans. The process is fast and easy! Applications should take 30 seconds and we will get to your application as soon as it’s submitted.
Call us today on 1300 886 996 or enquire online now and get your entrepreneurial dreams started!