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Texas stands for opportunity. Texans love doing business.

Business Loans Texas

They have low taxes and a very friendly regulatory environment. Workers abound, and Texas is one of the states leading the country in economic growth.

In 2016, Texas small business leads the country in exports.

Texas headquarters 51 of the Fortune 500 companies. American Airlines and Southwest Airlines, two if the largest airlines, call Texas home. And they have tons of workers. There are some 13 million making them the second largest workforce in the U.S.

If you are a startup business, there are no guarantees that you’ll be successful in Texas. What Texas offers is location, skilled workers, low taxes, and a reasonable cost of living.

Sunwise Capital is proud to be able to offer Texas small business loans to the small business community.

The top 10 Texas industries by employment size are:

  • Health Care and Social Assistance
  • Accommodation and Food Services
  • Construction
  • Professional, Scientific, and Technical Services
  • Retail Trade
  • Other Services (except Public Administration)
  • Manufacturing
  • Administrative, Support, and Waste Management
  • Wholesale Trade
  • Finance and Insurance
  • Transportation and Warehousing

 

Some fun facts about the state of Texas

  • “Best State for Business” 12 years in a row.
  •  A+ on Thumbtack’s Annual Small Business Friendliness Survey in 2016.
  •  Home to over 50 Fortune 500 companies.
  •  A top ten states for lowest overall tax burden.
  •  Corporate franchise tax – a small flat rate of 0.75 percent (for most entities) on taxable margins.
  •  No personal income tax.
  •  A right-to-work state.

 

All of this adds up to one thing for Sunwise Capital. We do small business loans Texas-style. BIG!

 

Texas offers a ton of incentives for small businesses

Sunwise Capital stands proud to be able to assist the growth and development of both small and large companies that call Texas home.

We support all local small businesses offering small and large business loans. These are a part of the 700 industries we provide loans.

Our business loans are funding business-related transportation companies, equipment manufacturers, and businesses looking to acquire commercial real estate, naming but a few.

Our reach in Texas is far and wide. From merchant cash advances in the Dallas/Fort Worth area to business loans with bad credit in San Antonio. Our cash advances in Houston and Austin business loans are all designed to help businesses in Texas grow.

We specialize in providing an SBA loan for working capital, equipment loan, and commercial real estate loan. As a small business owner, we know you can walk into any Texas bank, credit union, or community bank looking for a commercial loan or small business loan. As a lender, we know the bank of your choice is going to look at your credit score initially.

Next, in order to meet their eligibility requirements, you need to be in business for at least three years and provide both personal and business tax returns (again, assuming solid credit). Next, they want to collateralize any fixed assets in order to secure any capital loans.

The Texas Enterprise Fund (TEF) is one of the nation’s largest “deal-closing” funds created to attract businesses and new jobs to Texas.

Since the program’s inception, the TEF has awarded approximately $595 million to companies that have committed to expansion or relocation in Texas. You may also want to check out the CDFI.

Sunwise Capital provides working capital up to $2M and through the SBA program up to $5M with terms that can range from ten to twenty-five years. We are a preferred lender to many Texas business. We use our proprietary scoring model to provide funding at a very competitive interest rate. Our business loan terms help you grow your business.

Our loan program is designed to help improve cash flow, meet payroll, secure equipment, or grow the business. We have a simple one-page application and require only the last 3 months of business bank statements. We can get you approved within 24 hours and fund a term loan the next day. Try getting a bank loan that fast!

We provide Texas businesses fast and easy loans with 24-hour approvals and fast funding. Our favorable market rates and terms make us one of the top alternative lenders in the state.

Asset-based loans and unsecured loans to businesses are just a few means of obtaining the working capital loans necessary for a successful project. The advantage of these types of loans is that they are not credit score driven.

if you need startup loans check out our unsecured business lines of credit.

If you need a lender to discuss the various SBA loan products give us a call at 888.456.9223. We can assist with the SBA 504 loan which works best for those who need funding for general business loan purposes, like purchasing real estate or fixed assets. Go to this page to see the details of our SBA program. Remember you need a 680 ++ FICO Credit Score with a good loan to debt ratio (not maxed out on debt). Sunwise Capital has a direct relationship with a nationwide top 5 preferred SBA Lender.

We were a proud participant in offering the PPP loan or advice on the Economic Injury Disaster Loan. We made financing available to help fund companies almost immediately, in some cases well before the bank.

Our financing allows companies in Texas to promote job creation, retention, and expansion. Sunwise Capital provides alternative sources of capital to Texas entrepreneurs and startup businesses. Talk to one of our experienced loan officers at 888.456.9223 or apply here.