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Not everyone gets lucky when it comes to business. Many people suffer through unforeseen circumstances that cause their personal credit score to suffer. Securing financing is harder this way, but not out of the question.

Here’s a few tips for starting a business with bad personal credit.

Fix the situation

This part of the equation could be more simple than you might imagine. Sometimes, there have mistakes made on your personal credit score. If that’s the case, all you need to do is get in touch with the credit agency. They can fix the issues for you free of charge.

Have the right team

Things can get better when you’ve got the right associates on your team. Getting the right people working with you can help ease the damage from a bad credit score. Being selective and asking the hard questions when picking business associates will help you to head off any further trouble.

Get a guarantor

Asking for help is a good move when you need someone in your corner. You can use a friend or family member but you need to remember they’ll need to meet the lender’s criteria. They should also be aware appearing on the loan might affect their credit score. They will also need to understand their liability if the loan doesn’t get repaid.

Be proactive

Don’t wait until you’ve found yourself suffering with a bad personal credit score. If you find your business is starting to suffer, talk the situation over with your banker. You might find they are more receptive and flexible than you might have otherwise thought. After all, it’s in everyone’s best interest to avoid bad personal credit.