Credit profile · 550-574
550 FICO Business Loan: Products and Rates You Can Expect. When credit is the question.
A 550 FICO qualifies for ICG revenue-based funding, lines of credit, and equipment financing, with pricing noticeably better than the 500 FICO band.
Last updated · 2026-04-16
Why ICG at 550-574
We underwrite revenue first. Credit informs, it does not gate.
At 550-574, traditional lenders default to no. ICG looks at the bank statements, the deposit cadence, and the trajectory. Score informs pricing; revenue informs the answer.
Eligibility
550 is the sweet spot for ICG short-term term loans and low-end equipment financing.
Typical terms
Factor rates of 1.22–1.38 or APRs of 18–28%, funding amounts typically $15K–$150K.
Am I eligible?
If these four things are true, you probably qualify.
6+ months
Time in business
$15K+
Monthly revenue
500+ FICO
Personal credit
Required for deposit
Business bank account
Compatible products
Products that qualify at 550-574. Real options.
Score coaching
Improving your score. Without delaying capital.
Pay down revolving balances and keep credit inquiries to fewer than two per 90 days, 550 FICOs commonly move to 600+ inside six months with discipline.
You can apply now and rework score in parallel. Future renewals are repriced from the latest profile, not the original one.
Common questions
FAQs for 550 fico borrowers. Plainly.
A 550 FICO qualifies for ICG revenue-based funding, lines of credit, and equipment financing, with pricing noticeably better than the 500 FICO band.
550 is the sweet spot for ICG short-term term loans and low-end equipment financing. Typical products: Revenue-Based Funding, Business Line of Credit, Term Loans.
Factor rates of 1.22–1.38 or APRs of 18–28%, funding amounts typically $15K–$150K.
Pay down revolving balances and keep credit inquiries to fewer than two per 90 days, 550 FICOs commonly move to 600+ inside six months with discipline.
No. ICG uses a soft credit pull only at application. A hard inquiry occurs only after you review and accept an offer.