WE ARE OPEN AND LENDING

A True Business Loan to Expand or Grow Your Business. Here is the Easy Way to Go!

A business loan for any occasion

Working with small business owners to find business loans used to be pretty easy. Prior to the turn of the century, all a business owner needed to do was go to his or her local bank or credit union. It was literally as easy as signing your name to a line of credit. It was actually known as a “sign and drive” business loan. The traditional bank loan was based on the relationship you had with your bank. They knew you as more than a business credit score or your personal credit.

Since the mid-2000’s things have changed dramatically. There are fewer local banks and the large national money center banks have pretty much shut down their small business loan departments. The $64,000 question on most business owners’ minds is, “how to get a business funding from a lender that is looking for a long-term relationship?”

Sunwise Capital, as an online lender, knows that you have intimate knowledge of the many challenges getting those financing options. You understand the difficulty and many challenges in order to qualify for working capital. Maybe it’s your personal credit score, time in business, or cash flow.

At Sunwise Capital, we understand that as a small business owner, you deserve better business funding options. The reason we started Sunwise Capital as a lender, was to offer a more effective, less costly, quick, and easy way for small business owners to secure a small business loan. We wanted to answer the elusive question of, “how to get a business loan?”

Even if you have an established and profitable business it’s a huge challenge. So how do you find a lender that will talk to you and understand the nuances of your company? What you need is an alternative lender that can provide financing options that are tailored made for you.

Financing options are not one size fits all. Take the time to find out about your loan options. Are you looking for a secured loan? Maybe you need an equipment loan? Perhaps you can use the physical assets to get a higher loan amount with a more aggressive interest rate?

Maybe you are better suited for an unsecured business loan? This can range from high risk business loans for those with bad credit to a merchant cash advance for those that have more erratic cash flow. These are options the traditional lender will not offer you.

Business funding is as much an art as it is a science. The easy part is to look at the loan application, personal credit and business credit. That’s science. The art is when the lender talks to you to get to know your company. To calculate the best term loan based on your cash on hand. To understand your balance sheet in a way that can help you leverage your cash flow.

How do Lenders Assess You?

So what is a lender going to look at? These loan factors help determine whether you’re going to qualify for an SBA loan, a merchant cash advance or even invoice factoring.

The truth of the matter is that every lender will look at your credit. If anyone tells you that they will offer a loan with no credit check, walk, no run away. Yes, many lenders will do an initial soft credit pull, which means there is no impact on your score, however, if you decide to go forward with the lender, they will always do a hard check.

The more traditional lender wants to see the collateral you can use for their secured business loan. They will not offer financing without collateral or assets.

Next up to the plate is cash flow. The flow of cash and income (revenue) helps determine the affordability of the loan. It’s a risk assessment that helps determine whether it’s a high risk business loan or a business cash advance.

Time in business is a key determinant. You may have personal experience in trying to get a startup loan. That type of loan is very difficult to fund. Although your company might be the next Silicon Valley “unicorn,” most lenders will shy away from the new company or startup. The main reason is that there is no history to determine risk. You may find a microloan lender to help in this case or someone willing to give you a very short term loan. Your best bet here is using your own cash.

Hand in hand with time in business is the industry. Let’s face it. Some industries are notorious for failure. Restaurants tend to lead the list, although it’s not exclusive to that club. If you’ve done your homework, you know statistically the challenges the new company has for chances at survival. Most want to see at least 3 years in business and 5 – 7 seems more optimal.

What Type of Loan or Financing?

Across America, owners just like you have successfully secured their loans with Sunwise Capital to help them grow and expand their businesses. We’ve enabled them to put more people on their payroll and become a vital piece of our growing economy. By providing affordable business loans in 24 hours, it’s no wonder why over 75% of our clients will come back to borrow 2 to 3 times a year; and some for several years in a row.

Why?

Because we are looking for a long-term relationship so we offer you more money with better rates and better terms.

Whether you’re looking for a term loan or merchant cash due to bad credit or using invoice financing, these financing tools are an indispensable factor or lifeblood vital for the growth of any business. So, let us help you bring your expansion plans to reality with our unique business loans. These customized business loans will enable us to always put you first. Our business loans will help you meet:

  • Ongoing expenses,
  • Consolidate debt,
  • Advertise,
  • Increase or replace inventory,
  • Pay taxes or
  • Do you need a business loan for your investment plans?

 

Our business loans will certainly help you get to the next level.

Our Business Loans provide immediate funding to your business with cash or capital.

  • Get up to $2M,
  • Repay, over one to five years
  • Based on daily, weekly or monthly payment plans
  • Rates as low as 5.49%.Place your list items here

 

Whatever your business plans are, Sunwise Capital’s unique business loans can help you reach your goals. We will work you one-on-one through the whole process. We will make sure you understand all your options and help you to choose the best business loans that suit you and your business‘s needs.

or Call 888.456.9223

Take Your Business Further With A Loan From Sunwise Capital