Can a new or unprofitable company take a business loan?

With a wide network of Financing Partners, we do have quite a couple that lend to companies that have been in operation for just a few months. We also have a few partners that provide loans for unprofitable companies using other metrics for credit assessments.

Alternatively, you can also consider going for loans such as Merchant Cash Advance or Invoice Financing that focus lesser on the company’s profitability but on its projected transactions. Secured Overdraft and Property Gear Up loans are also other loans you can look at, where you provide a security with your assets instead and therefore your profitability would matter less to the lender.

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