Are there any legit companies out there that will approve a business loan ( unsecured ) with bad cre

I recently opened a new business and I know someone else that is looking to open a new business as well. The problem is that, his credit was shot from a previous marriage. Does anyone know of any companies that will still give him an unsecured loan for about 25k? I would co-sign for him a loan but my husband said no and to try and help him in another way. Please help.

Are there any legit companies out there that will approve a business loan ( unsecured ) with bad credit?

No, no company will give him unsecured loan for a new business, even your husband, He can

apply for credit card, or if he own the house, take money from there, but is still deepens on his credit.

Are there any legit companies out there that will approve a business loan ( unsecured ) with bad credit?

There are lots of companies but you need to choose the one which suits you the best. Have seen lots of people asking info on bad credits. Well, if you need to get your problem solved on%26lt;!--bad credit, you must know to how to confront it. Of course, Even if you have bad credit, you can get loans. Many factors can contribute to someone getting a %26quot;bad credit%26quot; rating, among these are non-payment of an account or late payments over an extended length of time. Take a look on

http://badcredits.awardspace.com/busines...

You may find want you want. You can easily be labelled as a bad credit risk by financial companies. This can make it more difficult to--%26gt;arrange loans or other finance, and usually means you will pay more interest on any loan you take out.