Yes. Pre-approved lending is available for all types of commercial loans and can be especially beneficial for bad credit. A pre-approved loan involves making application for the loan prior to making a commitment to the purchase of goods. The process followed is the same as when the loan is applied for after purchase except it is made on a loan amount and some indication of the goods rather than on a specific equipment make/model, truck, car etc. Pre-approved lending can be extremely beneficial for applicants as it provides certainty that they can move forward with their purchase commitments.