PrimeRates provides access to personalized business loan offers through our simple and quick pre-qualification application. Once you’re pre-qualified, you can select the best offer for you and finalize the business loan application with the lender.
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Our simple application takes less than 5-7 minutes to complete.
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Choose the offer that best fits your needs by comparing loan amounts and terms.
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Finalize your loan offer with the lender you selected to receive your funds.
Having to file for bankruptcy is a massive blow to your self-esteem and your business reputation, and building a new business takes a lot of grit and determination. If you think there’s no chance a new lender will trust you with your new venture, don’t lose hope just yet. While, yes, there will be lenders who won’t be willing to look at you until the bankruptcy has been wiped from your history (generally 7-10 years depending on your locality), there are some who will. This article will guide you through your options so you can decide whether jumping back into the world of borrowing is the right move for you.
Important Notice: For SBA Paycheck Protection Loans consider Fundera
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| Loan Amounts | $5,000 to $500,000 |
| APR Range | Term Loans: 7% – 30% Startup Loans: 7.9% – 19.9% |
| Repayment Terms | Term Loans: Up to 10 Years SBA Loans: Up to 25 Years |
| Time to Funding | Varies |
| Click “Check Rates” to apply to Fundera Check Rates | |
The answer to this question is, unfortunately, it depends. When you have a personal bankruptcy, it remains on your credit report for anywhere from 7 to 10 years, making it difficult for you to rebuild your credit score during this time. However, it is still possible to get a small business loan after bankruptcy.
You need to move forward with open eyes – both in terms of your own actions, and in those of your potential lenders. You need to think seriously about if you are ready to take on this new responsibility – though it is uncommon for those who have gone through something as distressing as bankruptcy to make the same mistakes again. Next, you need to be sure you aren’t turning to borrowing out of desperation – would it be better to cut your losses, or will this money help your business grow substantially? Be aware that there will be some lenders who are happy to walk in the morally gray area and lend you money at an interest rate you’ll struggle to afford.
Getting a business loan after bankruptcy is possible, and can be just what you need, you just need to think twice before you commit yourself and your business to anything new.
Treasury sold $44 billion of seven-year notes at 4.512% on August 27, the highest stop for the maturity since December 2024, as indirect bidders pulled back.
The 2-year Treasury yield closed at 4.34% on August 28, up 14 basis points, after Fed Chairman Kevin Warsh told Jackson Hole the central bank still has work to do on inflation.
Reserve balances at the Fed fell to $2.925 trillion in the week ended August 26, the lowest since April, as Treasury cash and portfolio runoff drained the banking system.
Real consumer spending was flat in July as goods outlays fell $49.9 billion and services rose $86.2 billion, with core PCE inflation stuck at 3.3%.
The Fed’s H.6 release put M2 at a record $23.218 trillion in July 2026, up 5.41% on the year, the fastest money supply growth since June 2022.
The Fed held $1.9307 trillion of mortgage bonds in the week ended August 19, the lowest since July 2020, as the FOMC routes all agency principal into Treasury bills.