Can I get a business loan with a 500 credit score?
Yes, a 500 credit score puts traditional bank loans and SBA loans out of reach, but it does not put you out of options. Several lender categories approve borrowers with scores in the 500-550 range because they underwrite the business's revenue, not the owner's credit history. The mistake most owners make is applying to banks first, collecting denials, and assuming that's the end of the road. Quordx Capital works with 50+ lenders, including several that specialize in challenged credit, and matches you only to the ones likely to say yes.
Part of our guide to Business Loans.
Last updated · Reviewed by Cody Dreis
50+ Lenders|Funding in as little as 24 hours
What funding is realistic at a 500 credit score
Lenders that work at this score level shift the weight of underwriting from your FICO to your cash flow. Typical minimums are 3-6 months in business and roughly $10K+ in monthly revenue. If you clear those bars, revenue-based products become genuinely available. Equipment financing is another path, because the equipment itself secures the deal, which makes lenders more forgiving on credit. What you should not expect at 500: bank term loans (most want strong credit) or SBA 7(a) loans (most SBA lenders look for 650+).
Funding options that approve challenged credit
Working capital loans: $5K-$500K, short-term, underwritten primarily on bank statements and monthly revenue. Best for covering operational gaps when your revenue is solid but your score isn't.
Equipment financing: $5K-$5M+, with the equipment serving as collateral. Best for buying machinery, vehicles, or tools, since collateral offsets credit risk.
Merchant cash advances: $5K-$500K, repaid as a daily or weekly percentage of revenue, and the factor rate is set per deal, so ask for the total payback in dollars and the APR. Costly, a $50K advance at 1.30 means $65K back, so treat it as a last-resort bridge, not a default.
A/R financing / invoice factoring: the factor advances part of each invoice's value up front and pays the rest, minus its fee, when your customer pays. Best if you invoice creditworthy business customers, because their credit matters more than yours.
See what you could qualify for
Four answers about your business. No credit pull.
How Quordx Capital Works
You complete one application in about 10 minutes and upload your documents: bank statements, tax return, ID. Quordx Capital's matching process then scores your profile against 50+ lenders and identifies the 3-7 with the highest approval probability for a 500-score borrower specifically. Most lender decisions come back within 24-48 hours, and funding typically arrives in 3-7 business days.
What to Expect
Be ready for honest tradeoffs: at this score, approvals come with higher rates and shorter terms, and Quordx Capital will show you the true cost of every offer before you sign anything. If a product is wrong for you, you'll be told so, even if that means not submitting your file. Checking your options is free, carries no obligation, and the initial matching does not hurt your credit.
Apply for Funding
No obligation · Initial inquiry doesn't impact credit · Takes about 10 minutes
Written by
Cody Dreis
Founder, Quordx Capital
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Quordx Capital is a business funding broker, not a lender. Lenders make every credit decision and set the rate, fees and terms, and not every business qualifies. Quordx may be paid by a lender when a deal funds. Full disclosures