What lenders actually look at

For document-based business products (lines of credit, term loans, equipment financing, SBA), the same handful of factors drive most decisions.

The factors

• Personal credit profile. For these products TK generally looks for 650 or higher.
• Negative marks. Late payments, collections, and charge-offs matter less as they age; ideally they are two or more years old.
• Time in business and revenue, shown through bank statements and, for larger requests, tax returns.
• Documentation. The more the product depends on documents, the more the file has to tell a clean story.
• Existing debt relative to income or revenue.

What this means for you

If one factor is weak, the others can carry a file, and a different product may fit better. If several are weak, fixing the profile first usually produces a better outcome than applying anyway. TK Capital Solutions is a funding brokerage, not a lender. Requirements vary by lender and program; nothing here is a promise of approval, amount, or timing.

Common questions

Is 650 a hard cutoff?

No. It's the range where document-based business products generally become realistic. Below it, other products or credit work may fit better.

More in this topic

• How to choose a funding product