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Can people with bad credit still apply to get a government business loan?

  • Answered by Expert
  • Views 2319
  • Asked By Lavonda Fobbs

Small Business Questions
Got a question? Ask us!
If you have bad credit, you may still be able to get a small business loan due to the Australian government’s loan programs specifically for those with bad credit or no credit. These funding options are there to help people who need money to start their companies or improve existing ones who may not be able to get money otherwise. If you have a profitable idea but have been rejected by the bank due to your credit history, this may help get your small business on the right track.

Get your small business funded through government grants, loans and private investor programs. To get access to our Funding Database which has hundreds of funding programs, become a member today.

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.

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1. What's your Start-Up Stage?
Time spent on my business:


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2. What are your Start-Up Needs?
I need help with:



So far I have:



3. What are your Funding Options?
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I need funds for:






Did you know that you may be able to get funding for your small business? Click here for more details
Relevant Questions and Answers

What are available Australian loans and grants for small business?

  •   Asked by : Nellie Bevers
  •  8260 views
  •  Australian Small Business Loans And Grants

Starting a business or expanding business needs a substantial amount of money, if you are looking for financial assistance, there are Australian loans and grants …Read Full Answer

Are there business grants for teachers in Queensland?

  •   Asked by : Elsa Mcewen
  •  7834 views
  •  business grants for teachers in

If you are looking for business grants for teachers in Queensland funding for a small business you may be able to find something that is …Read Full Answer

Can small business government grants get me the money I need for helping me start out with my own business?

  •   Asked by : Annita Lundberg
  •  6680 views
  •  Small Grants For Start Out Money

In some cases, asking for a small amount of money from government grants to help you start out may improve your chance of a successful …Read Full Answer

How do I locate business women grants Australian small business owners can access?

  •   Asked by : Torrie Chauncey
  •  5205 views
  •  Business Women Grants Australia

If there are any business women grants Australian entrepreneurs can apply for in the first place, these funds will be located by searching in the …Read Full Answer

Is there online information about government grants for small business owners to access?

  •   Asked by : Vinita Marcell
  •  8966 views
  •  Government Grants For Business Small Owners

Local, national and state governments in Australia provide funding for small business owners by way of government grants, and the government bodies in charge of …Read Full Answer

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Testimonials

startup gets funding
$17,300 Government Loan To Help Business Startup
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"Funding is available but you have to know where to look, you have to have a business plan and if you have a proven model this is your best tool to use to get you the funding." - Read my story
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$92,300 in Government Funding for Construction Company
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"Well all I can say is if you need funding, look for it. Be active and proactive about it. Don't just sit on the idea that you need it but go and do it." - Read my story
Daycare gets funding
$24,500 Government Funding For Daycare Facility
Melbourne, VIC
"Having knowledge in your industry is what will keep you motivated, and having expert guidance along the way doesn't hurt one bit. We benefited from government funding greatly and it's all thanks to australiastartups.org." - Read my story
junk removal company
$76,750 Government Funding For Junk Removal Company
Brisbane, QLD
"Your business plan is very important to the success of your business. Everyone looks at this! Be sure to have your idea on paper and to show how you will make money." - Read my story
Tech Company From Perth Queensland Gets Government Grant
Interview with a $75,485 Government Grant Recipient
Sydney, NSW
"Perfect your business plan as it's in my option the number one thing small businesses need in order to attract and impress a funding agency." - Read my story
cleaning company monitoring technology
$17,500 Small Business Loan for Sydney Startup
Sydney, NSW
"If you have a business idea, get a business plan made, don't waste time and start your funding search sooner rather then later." - Read my story
Earth Friendly Soap Business Story
Albury, NSW Small Business Starts Up With $76,300 Government Grant
Albury, NSW
"Just focus on what you are good at, don't waste your time researching, get help from experts who have already done the work, such as australiaStartups" - Read my story
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Interview with a $138,000 Government Grant Recipient from Coffs Harbour, NSW
Coffs Harbour, NSW
"Have a support team with you and always start with a business plan as it will be the guide for your business. A business plan will take you on the path of success" - Read my story
Perth Retailer Gets Government Loan
$472,930 Low Interest Government Loan For Sydney Retailer
Sydney, NSW
"Banks said no to due to my poor credit and business inexperience, but the government funding program had a different reaction to my well developed business plan" - Read my story
doggy day care
$21,315 Government Provided Loan For Doggy Day Care Business
Albury, NSW
"No matter your situation, if your plan is to start a small business - don't give up. Use tools and resources that are available all around you and don't be scare of a small investment" - Read my story
Home Renovation Company Gets Funded
$83,588 In Government Funding and Training Support For Home Reno Company
Sydney, NSW
"Remember, funding programs have deadlines so be sure to apply on time and follow the requirements as outlined by each funding program. They act as a guide to applying successfully." - Read my story
Perth eCommerce Business Gets $78,932 in Government Funding Support
Sydney eCommerce Business Gets $78,932 in Government Funding Support
Sydney, NSW
"Don't give up. If you have an idea, go and do it. Create your business plan, go present you idea to investors/government agencies and get what you want." - Read my story
Sydney Software Developer Gets $12,390 in Private and Government Funding Support
Melbourne Software Developer Gets $12,390 in Private and Government Funding Support
Melbourne, VIC
"The first step when you are looking for funding is to make sure you have a business plan. Because if you don't, every single funding program will refuse you" - Read my story
$22,700 In Government Funding For Sydney Small Business
$22,700 In Government Funding For Melbourne Small Business
Melbourne, VIC
"Now that I have access to the funding database you provide and I sort of know the process, I will continue to apply for other funding programs, as well as use the money I got to get my business moving forward." - Read my story

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Get everything you need to do to launch your small business in 30 days
Get your personalized Startup Assessment Report now
1. What's your Start-Up Stage?
Time spent on my business:


So far I have:


2. What are your Start-Up Needs?
I need help with:



So far I have:



3. What are your Funding Options?
I am located in...











I need funds for: