With a wide category of financing partners, we do work with several lenders who are open to funding companies that have only been operating for a few months or are not yet profitable.
Lenders look at a variety of factors, and the more information you can provide, the better they can assess whether to lend to you — and at what rate. You may find it useful to read our article on what affects your ability to get a loan or a better interest rate or our FAQ on why these documents are needed.
If your business has been operating for less than 6 months and you don’t have enough bank statements or 2 years of financial statements to upload, simply continue to the next tab without uploading all of them. Lenders will assess based on what you submit and may request other documents through your dashboard to determine your lendability.
Alternatively, you can consider loans such as Merchant Cash Advance or Invoice Financing, which rely less on your company’s profitability and more on projected transactions.
Other secured options like Secured Overdraft or Property Gear Up loans are also worth exploring — they place more weight on the assets you can offer as security, rather than your financial track record.
For more details, visit our Glossary or ask our AI loan consultant by clicking the green round icon at the bottom right.
Get started with your loan search here — it’s free and fast.