Skip to main content
All CollectionsFrequently Asked Questions
What credit score do I need to get approved for a loan?
What credit score do I need to get approved for a loan?

Your Credit Score and Small Business Loans—Unlocking a World of Opportunities

Updated over a year ago

Hey there, ambitious entrepreneurs! 🌟 Ready to soar high and make your small business dreams a reality? We've got the secret sauce to help you navigate the role your credit score plays in securing a small business loan.

🌱 Planting the Seeds: Personal Credit vs. Business Credit. Let's lay the groundwork first. Your personal credit reflects your financial history, while business credit shines a spotlight on your company's financial health and payment habits. Both play a crucial role in your business journey.

🌠 The Pathway Difference: A Galaxy of Possibilities. Step into a universe of endless opportunities! Unlike traditional lenders, we CDFI's have a unique and broader perspective. Your credit score is just one star in the constellation of your potential. We'll explore your business cash flow and collateral, true—and, we'll look at and get excited about your opportunity! Your entrepreneurial spirit! Together, we'll chart a course for the positive impact your business can have on your community.

🚫 Low Credit Score Barriers: Setting You Free to Succeed! Breaking free from limitations is what we do best! At Pathway, you won't be confined by rigid credit score requirements. We're here to empower you, with credit scores above 580 usually being a green light to start exploring your opportunity. Let's leave the obstacles behind and focus on what truly matters—your opportunity to create a greater impact!

🌱 Cultivating Growth: Nurturing Your Credit Score. We're not just a lending partner; we're your growth partners too! Our treasure trove of financial education and resources is like a nurturing garden, helping you bloom and thrive. Let's work together to enhance your credit score, making it a stepping stone towards even greater accomplishments and possibilities!

🎁 Unveiling the Pathway Perks: Your Ticket to Success. Our financial expertise spans markets and industries, offering tailored learning solutions for your unique needs. And here's the secret: we believe in your potential, even when others might not! Your credit score is just one part of your brilliance.

📞 Let's Connect, Let's Reach for the Stars! Ready to reach for the stars and beyond Connect with our amazing coaches, the cosmic navigators who will guide you every step of the way. From financial wizards to marketing supernovas, our team has the expertise to launch your dreams into orbit! 💫

Did this answer your question?