Starting a business without revenue can feel like a catch-22: you need money to get the business off the ground, but lenders keep asking for revenue you haven’t made yet. Sound familiar?
If you’re a first-time business owner with no income yet, don’t worry — you’re not alone, and you’re not out of options. This guide breaks down real-world ways you can still qualify for funding even without generating revenue yet.
🚧 Why Do Lenders Ask for Revenue?
Lenders see revenue as a signal of repayment ability. It’s their way of measuring risk. But here’s the good news: not every lender requires it — especially those that specialize in startup loans.
Traditional banks tend to say “come back later” unless you’ve already been in business for 2+ years. However, other funding partners (like the SBA, fintech lenders, and private loan consultants like BoomerBiz Loans) look at a bigger picture, including:
- Your credit history (personal or co-signer)
- Your business plan
- Your industry experience
- Your overall startup readiness
💡 4 Loan Options That Don’t Require Revenue
1. SBA Microloans
Backed by the Small Business Administration, SBA Microloans go up to $50,000 and are designed specifically for early-stage businesses. They often prioritize your plan and business structure over revenue. Perfect for startups with well-thought-out use of funds.
2. Startup Working Capital Loans
These are loans built for brand-new businesses that are just getting started. Approval often depends on your credit, the strength of your plan, and your ability to communicate your business model. At BoomerBiz Loans, we help you pre-qualify for these types of loans with no guesswork.
3. Equipment Financing
Need tools, machines, or vehicles to run your business? With equipment financing, the equipment itself acts as the collateral. No revenue? Not a problem if you can prove your business model and repayment plan.
4. Business Credit Cards or Lines of Credit
Many new business owners use personal credit to qualify for their first business credit line. These options work great for managing cash flow or startup expenses and don’t require business revenue.
✅ What You Can Show Lenders Instead
Even if you don’t have revenue, you can still show you’re “fundable” by presenting:
- A strong personal credit score (or co-signer)
- An organized business plan and use-of-funds breakdown
- Experience in the industry or transferable skills
- Proof of LLC formation, EIN, and business address
- Estimated startup costs and a basic 12-month projection
🧾 Download This Free Guide
🎁 Want to make sure you’re fully prepared before applying?
We created a free PDF:
“5 Steps to Prepare for Funding as a First-Time Business Owner”
⚠️ Common Mistakes First-Time Owners Make
- Applying before they’ve even formed their business
- Ignoring their personal credit status
- Guessing how much they need to borrow
- Falling into predatory loan offers that have sky-high interest
🤝 How BoomerBiz Loans Can Help
At BoomerBiz Loans, we specialize in helping startups and first-time business owners get approved — even with no revenue.
- ✅ We offer SBA and alternative funding options
- ✅ We guide you through every step of the process
- ✅ We help you avoid dead ends and predatory offers
📝 Final Thoughts
Getting a startup loan without revenue isn’t impossible — it’s about knowing where to look and how to present yourself.
Instead of stressing over what you don’t have, focus on what you do have: a solid plan, a vision, and the willingness to do things right. The funding will follow — especially if you work with a partner that understands startup challenges.
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