The No Job LifestyleWith no revenue, lenders lean on your personal credit. A 680+ score, low card use and a clean report open doors to business credit cards, credit based funding and microloans. Revenue based loans come later.
Options when you have no revenue
- Business credit cards approved on your personal credit
- Credit based funding that stacks business cards and lines
- Microloans, including SBA microloans through nonprofit lenders
- Equipment financing, where the equipment secures the loan
- Friends, family or grants
What lenders check
Without revenue, it is all about you: score, card use, negative items, recent inquiries and how many primary accounts you have. Fix those first and the same application gets a different answer.
Avoid
Offers that promise approval with no credit check and steep fees. Read the terms.
Questions people ask
Can I get a business loan with no revenue?
Yes, mostly through options based on your personal credit.
What credit score do I need for a startup loan?
Many credit based programs look for 680 or higher.
Do SBA loans require revenue?
Most do, but SBA microloans can work for very new businesses.