This online lender specializes in bad credit business loans as an alternative to traditional bank loans.

Shield Funding offers a variety of business financing options for a wide range of industries. Its loans typically don’t require collateral but must be used toward business expenses. And since Shield Funding works mainly with applicants who have bad credit, you may face high interest rates and quick repayment schedules.

$5,000

Min. Amount

$1,000,000

Max. Amount

Details

Product Name Shield Funding Business Loans
Min. Amount $5,000
Max. Amount $1,000,000
Loan Term Up to 18 months
Min. Credit Score 500
APR 10% to 45%
Requirements In business for 2+ months and monthly revenue of at least $8,000

Application Criteria

  • Be at least two months old
  • Have monthly revenue of at least $8,000

First, do I qualify?

To qualify for a business loan through Shield Funding, your business must

  • Be at least two months old
  • Have monthly revenue of at least

You must also be able to provide documentation of your revenue and business details from the past three months.

What makes Shield Funding unique?

Shield Funding is an alternative to traditional bank business loans. It specializes in lending to business owners with poor credit and works to decrease the rate of rejection with more than 10 types of financing options.

What are Shield Funding business loans?

Shield Funding’s many business financing options range from unsecured business loans that don’t require collateral to specialized loans for female entrepreneurs. Because it offers a diverse array of options, terms vary greatly by loan type. However, you can expect to pay an APR between 10% to 45% for loan amounts between to .

But since Shield Funding works mainly with borrowers who have poor credit, the loan turnaround time is short — usually around months. Because of this, you’ll need to know your budget and how much you can afford with such a quick repayment schedule.

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