There certainly are small business loans for people with bad credit. Even with a bad credit history, you can still apply for small business loans through the government grants and loans program. The Canadian government grants and loans program is designed to help Canadians in their own small businesses and has committed billions of dollars to this program to make it work. Understandably, anyone can experience financial problems, resulting in a bad credit history because of their inability to pay their debts. This is a situation that happens to a lot of people because of many different reasons. So, this program is still available to you even if you have bad credit.
There are currently 264 grant programs available in our Funding Database. In fact, the Funding Database currently has over 1,500 funding programs available for small business owners and startup entrepreneurs. What are you doing to take advantage of this? Become a member and start your search.
You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.