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12 ways to get a business loan with a low CIBIL score or bad credit

Planning to get a business loan? Donu2019t know how to get a business loan? With a bad credit score, it will be difficult to get funds to manage your business expenses. Here are some of the top and most popular funding options that can help you with instant funds in your business. How to get a business loan? Make sure you compare the business loan interest rate before applying for a business loan. It is possible for a business to have a high income with a bad credit score. Therefore, revenue-based loans are very popular in that case.<br>https://www.clix.capital/business-loan/<br>

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12 ways to get a business loan with a low CIBIL score or bad credit

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  1. 12 ways to get a business loan with a low CIBIL score or bad credit

  2. Secured business loans • Secured business loans are very popular nowadays for small and medium-scale enterprises. There are various secured business loans offered by banks and non-banking companies. It is important that you get a secured business loan by offering any collateral or property. A self-employed individual can always pledge any property or asset to a bank to get a secured business loan.

  3. Gold loan • A gold loan is one of the best ways by which you can get a secured business loan. Self-employed individuals can keep gold ornaments with banks or non-banking companies to get the same value of funds. The business loan interest rate will be low because it is a secured form of a loan. A gold loan is easy to get because it does not have any eligibility criteria.

  4. Revenue-based loans • In the business world, revenue-based loans are very popular. Depending upon the monthly revenue, business loans are offered. It is possible for a business to have a high income with a bad credit score. Therefore, revenue-based loans are very popular in that case.

  5. Security business loan • A security business loan is taken by individuals against investments and fixed deposits. It is important to use investments and financial security if you have any. Get a secured business loan with the help of your existing investments. • Business credit cards have a credit limit that can be used to cover any type of expense. The credit limit will depend upon the business eligibility criteria.

  6. Thank You For more information please contact: Clix Capital Services Private Limited Email: hello@clix.capital | Mobile: 18002009898

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