Are You Eligible

for our Unsecured Business Loans?

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Time in Business
1 Year Minimum
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Yearly Revenue
$200,000 +
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Loan Amount
$10,000 to $2M
business target
Credit Score
500+ FICO Score

Sunwise Capital’s unsecured business loans are a great solution if you have a credit history profile with a 550, 650, or even a 700 + FICO score and are looking for business financing with loan amounts between $10,000 up to $2M using no collateral or assets.

The most common use of the unsecured business loans is to grow your business or increase working capital

Our Unsecured Business Loans Offer:

  • No traditional personal guarantees on our unsecured business loan

  • No collateral – true unsecured business funding

  • No assets

  • Short term loans with loan terms of 5 months up to 21-month terms

  • Early payoff discounts

  • Renewals after 50% paid back

Business Funding Benefits

  • Rates start as low as $1.18. (Example, for every $10,000 borrowed the flat fee interest rate payment is $1,800)
  • Minimum $150,000 annual revenues
  • Cash Flow vs. Credit Score
  • The after tax write reduces your actual cost of funds – lowers income tax (ask your accountant to run it through a tax calculator)
  • Quick, Simple, Easy, Fast Cash
  • Minimal paperwork on unsecured financing
  • Weekly or Daily Payments
  • No Prepayment Penalty
  • Does not report to your personal credit report
  • No traditional PG
  • We do report positive payments to business credit
  • Use of funds for anything that is Business related
  • Funding as quick as 24 to 48 hours
  • Funding Amount $10,000 up to $2 Million
  • Business loan, not a personal loan
  • No cost, No obligation, Unsecured Business Financing

Once you have established a relationship
with us every time you re-borrow






  • Minimum credit score 550 FICO Score – special programs for scores 650+ and 700+
  • Minimum 6 months in business
  • Minimum $150K gross revenue
  • We can pay off 1st and 2nd position loans or go behind them as a 3rd position
  • Current on business rent or mortgage
  • Liens are OK up to $200K on a payment plan. We consider lower lien or judgment amounts without a payment plan. Case by case.
  • Provide last 3 months of business checking account or business saving account bank statements

Pros and Cons between a Secured vs. Unsecured Business Loan?

Secured Business Loan

When you “secure” business loans, in bank parlance, you are pledging or “securing” that loan with some tangible or hard asset. A traditional bank loan will always be a secured loan. The bank will require the borrower to secure the small business loan with a personal guarantee. This guarantee can include a personal asset like a car or home.

This promise is an asset that the bank, lender, or provider of credit can sell to cover the cost of the loan in the event the borrower defaults.

Not all assets are good collateral. Your home or a car or truck are your average assets. The vehicle must be free and clear. If your home has a mortgage, the bank will take a second lien position.

Of course, you can use cash in money market accounts, but then you probably wouldn’t need the loan, right? Other pledgeable assets may include stocks or bonds.

Speak to the lending institution that requires the collateral. My guess is your shoebox collection of vintage 2010 baseball cards will not qualify.

Working with an alternative lender changes this dynamic. The online lender is less concerned with the borrower’s creditworthiness. The unsecured loan does not require the posting of an asset per se. There is no collateralizing of the loan with a hard or tangibles assets to back up the loan in the event of a default. Online lenders will use what is known as a UCC lien.

According to Wikipedia:

“A UCC (an abbreviation for Uniform Commercial Code-1) is a legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor. This form is filed in order to “perfect” a creditor’s security interest by giving public notice that there is a right to take possession of and sell certain assets for repayment of a specific debt with a certain priority. … also be filed in the real estate records by a lessor of fixtures to establish the priority of the lessor’s rights against a holder of a mortgage or other lien on the real property.”

The most logical question to ask yourself is “What is the difference in interest rates between the two types of loans?”

Find out what are the minimum financing qualifications for the different loans i.e., secured vs. unsecured.

The number one question we receive daily is, “What are your rates.”

Business funding differences between the collateralized or secured loans versus the unsecured loan are both the rates and terms of the loans.

Unsecured Business Loan

Unsecured loans will be at a higher interest rate. The reason is there are no guarantees backing up this loan option. As a result, the repayment term for this financing option is typically less. The amount of time you get to pay back the loan is several months to a year. This term is different from an SBA loan where you can get 10 years to repay the loan.

You will also find the industries unsecured lenders serve are much greater than the traditional lenders. In fact, we serve over 700 industries seeking working capital. Again, with a shorter repayment period, the loan payment period is less. Financing options for an unsecured loan includes the merchant cash advance (sometimes just called a cash advance) or a term loan.

Why? For the same reason. The risk.

The longer the amount of time you can take to pay back a loan, the greater the risk. Look at it this way. More “bad things can happen.”

In business lending, especially with the high failure rate of businesses, the risk is not worth the reward for the lender. The result is a shorter unsecured business loan with a higher interest rate.

The relationship between rates and terms works like this: The longer the loan, the higher the rates. The longer the term the lower the payment.



Why does the mortgage lender give home mortgage loans for 30 years? The answer is an asset. The home. Most homes built in the past century can last well beyond the thirty-year term.

On top of that, the house isn’t going anywhere. Someone will gladly buy the home in the event of a default. The result is little risk to the bank.

Why are 15-year mortgage rates less than a 30-year mortgage? Thirty years is longer than fifteen, so your rate is higher with the additional years. The same goes for auto loans. The longer the loan, the higher the rate.

Applying these principles to a fixed rate business term loan the numbers might look like this. On the low end, you might pay fixed interest rates of 5.49% for a 12-month term and up to 10.49% on a 60-month term.

REMEMBER: the longer the term, the lower the payment, the higher the rate. The shorter the term the lower the rate and the higher the payment. You don’t need a loan calculator to understand how that works.

Insider Tip

Here is a different way of looking at your interest rate when you talk to the lender.

Don’t look at your rate.

Let me lay out the argument that all loans, whether it’s the home mortgage or a car loan is all about the payment.

Rarely is it about the actual rate.

It’s what you can afford. Let me show you what I mean.

Let’s assume you need a car. You see a TV advertisement for a new Mercedes S550 with a monthly payment of $659 a month. You’re so excited about this offer. You think if all you’ll pay is $659 a month, you’ll get two cars.

You drive to your local Mercedes dealership and take out your dream car for a test drive. It’s even better than you imagined. It handles incredibly well. You make that hard-left turn, and the seat’s side air bladder inflates to hold you in place.


What’s the first question the salesman asks you? “What you think?

Behind your enthusiasm, you coolly tell him that you like it. He asks what color you like. You say you love the car you just drove. After some back and forth banter he dryly asks if he can get you behind the wheel today for $659 are you ready?

Trying to keep yourself from jumping out of your seat you say, “sure.” You complete the paperwork. He brings it to the back, and some fifteen minutes later he sits back down.

He begins to explain that there is this, that, and the other thing on your credit report and the best financing he can offer is a monthly payment of $1099. You tightly cross your arms across your chest and blurt out an unequivocal, “no way!”

After giving you a few minutes to cool down, he politely asks if it’s OK to get his manager involved? He wants to see if there is anything that can get the deal done for you. At this point you’re so frustrated you begrudgingly tell him “sure.” What have you got to lose?

The manager comes in and again goes through all the questions. You know the drill. Do you like the car? Do you like the color? Do you like all the features?

Finally, after about ten minutes of this back and forth he asks you if he can work on the numbers and get the financing you’re looking for, are you ready to get the car today. He’s a smooth closer.

Just as indifferent, you tell him sure, except not at $1,099. At the advertised price of $659, you’re ready to sign now.

He politely gets up and says give him a few minutes to see what he can do.

Upon return, he begins to tell you that although he’d love to put you in the car for $659, he can’t.

You ask "Why?"

He then lays out a litany of ridiculous blemishes on your credit report. You forgot that you’re just about maxed out on every credit card. You also forgot you had the three late payments four months ago as well. Plus, you have three cars in your name already.

Is it your fault that your wife and kids need cars?

You’re frustrated. You make good money and deserve that rate and price and a much better financing solution. Sensing the anger the manager says he may have a solution.

What is it?

Well, he’d love to get you into the car at $659. Given the circumstances, the best that he can do is $709.

You think to yourself that isn’t so bad. It’s a lot less than the $1,099. In fact, that’s almost $400 less. After some halfhearted haggling, you acquiesce.

Inside you are jumping for joy. You can hardly believe that you’re going to go home in that beautiful machine.


What just happened?

How did you go from $659 to $1,099 and then to $709?

Let me explain.

The original $659 price was for a 3-year lease. The $1,099 was the three-year rate based on your credit. The $709 monthly payment is the result of the manager moving the term.

Instead of a 3-year lease, he’s giving you a five-year contract. Does that make sense?

Of course, it does. Why? The reason is simple. You’re not buying the interest rate. In fact, you’re not buying the term. What you’re buying is the monthly payment.

In your mind, you can easily afford the $709. Geez, it’s just a little bit more than the originally advertised price. The truth is that in the back of your mind, you knew deep down that you’d be shocked if you got it at the advertised price.

Does this make sense? This explanation is the reason when you look at your business loan you need to think about a few critical things.

You must know your numbers. Inside and out.



How much do you need?


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What do you need it for?



When do you need it by?


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What will it do for your business?



What are your margins?


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How often do you turn over your money?



What is your ROI?


correct mark

If you borrow the money, how much will you make over what period?



Can I afford the payment?

Sunwise Capital will never put you in a working capital loan that you cannot afford. We do a detailed cash flow analysis and we know that if you continue to manage your business based on the numbers you can afford the loan.

Do you know the answer to all 9 of these questions?

Can you say “Yes,” to the last one?

If so, you’re ready to go.

How a Business Loan Without Collateral Can Help You Start Your Business

When you start your business, you might not have many assets that you can risk losing, nor do you have many funding options. It doesn’t matter whether you don’t have any business history or you simply don’t have any resources or property to spare. Coming up with collateral for a business loan is a tall – if not impossible – order. All you know is that you need working capital or a term loan.

Just like in the car example above, the lender is going to evaluate your business loan application. The good news is that a direct lender like Sunwise Capital will consider far more contributing factors other than just your personal credit score.

Your traditional banks, however, are still married to your FICO score being the predominant indicator of credit risk. On top of the credit score, the bank and traditional lender will require additional guarantees personally which typically includes some form of collateralized assets.

It’s little wonder that small businesses are rarely successful in obtaining financing, even equipment financing, from traditional sources. It feels like you are running around in funding circles.

The crux of the issue is why anyone should consider offering you money? Especially if in their opinion there is a risk, no matter how small, in getting repaid.

That puts the onus on you. This responsibility means that as a business owner you must clean up both personal and business credit reports.

Regardless of who steps up to lend you money, they will look at your credit. Part of the reason is the “know your customer” rule.

Especially after 9/11 anyone handling money is required to make sure their client is a “good, upstanding citizen.”

Naturally, you will have to give out your social security number with your Business Tax ID (EIN), even though there may be no personal guarantee or security posted.

The big question is, do you go with an unsecured business loan or do you go with one that requires collateral, like an equipment loan? Whether it’s invoice financing, equipment leasing, or a business lines of credit, the answer is probably less a question of what you want versus what a lender is willing to offer.

A story might help you with your decision making.

TRUE CUSTOMER STORIES: Initially when I needed an enormous sum of money to fund a new venture, I spoke to a non-traditional lender. I remember like it was yesterday. It was a Tuesday evening.

He asked me how much I needed? I didn’t need a business loan calculator. I asked for a $10M line of credit. He replied that he would start at $1M. However, without taking a breath, he then asked if I was willing to put up my house as collateral. He told me in the event of a default he would hold both me and my wife responsible. As quickly as he asked me the question, I replied with an extremely confident, “Yes.”

He proceeded to tell me that since I was unequivocal in my answer and confident in the prospects of my new venture and ability to pay him back, that he’d instruct his attorneys to draw up the paperwork in the morning.  No chance for an unsecured business loan here!

How confident are you?

If you are not that confident, then you may want to rethink your approach to getting the money you need. You may want to think about an unsecured business loan.

Sunwise Capital offers no unsecured business loans, fast loan processing, a $500 guarantee that we won’t be beaten on price or rate, and many other perks. Learn more about our unsecured business loans below.

No Collateral? Forget About That Traditional Business Loan

Nothing is worse than applying for financing for your new business only to be told that you must provide substantial collateral. How is a fledgling company expected to have those kinds of assets?

Equally frustrating is owning a small business with fluctuating revenues and being turned away because you have no assets to spare.

Avoid all this frustration by applying for an unsecured business loan from Sunwise Capital instead. By “no collateral,” we truly mean no collateral. There is also no traditional personal guarantee with our unsecured business loans.

You don’t have to give us anything other than a completed one-page application and three months of your most recent business bank statements. As a lender, all we ask is that you stay in your regular business and use the funds to grow that business.

Convenient No Collateral Business Loans

Our unsecured business loans aren’t just convenient because no collateral or assets are required. They’re also convenient because we have one of the most streamlined applications and approval processes around. Everything is online, and you don’t need a pre-approved reason for requesting the loan.

Most no collateral loans are approved within one business day and financed on the following working day, making this one of the fastest, easiest ways to get the financing that you need even if you have no collateral.

Best Unsecured Business Loan Without Collateral Gets Easy Cash for Your Business at Sunwise Capital

We know that you have lots of options when it comes to getting cash for your business, and we’re confident that you can’t do better than us.

We may not be American Express or a lending club, however, we are an outstanding business resource and lender.

More than three-quarters of our clients come back to borrow again from us two to three times per year because we are in their corner.

You shouldn’t have to put assets on the line to get cash for your small business, and you don’t have to when you apply for an unsecured business loan with us.

As a small business owner, you’ve probably noticed that many things work against you. That’s particularly true when it comes to getting a business loan. Banks and major financial institutions have veritable laundry lists of requirements.

In addition to needing great personal and business credit, you must usually provide some collateral or assets. If you’d like to get a business loan that doesn’t require you to put your assets on the line, Sunwise Capital can help.

No collateral? No problem with our unsecured small business loans.

The executive team at Sunwise Capital is made up of former business owners. As a top small business lender, we understand the pressures that small business owners face.

You need a business loan that is customized to suit your needs, and you can get that from us.

We don’t require collateral, but we do offer several loan products, including bad credit business loans, business capital loans, short-term business loans and more.

The loans get paid on a daily, weekly or monthly basis. We have loans with terms ranging from one to five years. We also offer merchant cash advances that are uniquely flexible and convenient (and are considered an unsecured business loan, although you’re using your future sales receipts to pay down the loan).

With Sunwise Capital, you can get the financing that you need for your small business in no time. Since we don’t require collateral for our loans, you don’t have to worry about scraping some together.

In fact, you, like most of our business clients probably have everything that you need right now.

Our entire application and approval process is online, so you don’t have to drive to a bank or complete a bunch of paperwork.




If you’re in a position where you need cash for any reason, however, the last thing that you want to do is risk personal or business assets. We understand, which is why we offer the easiest unsecured business loans and financing around.

Business Loans Without Collateral for Any Purpose

At Sunwise, we’ve eliminated the hurdles that prevent small business owners from getting the cash that they need. At Sunwise Capital, we don’t need the borrower to explain the use of funds if it is for your business. Our underwriting process is one of the many huge differences between the big lenders and us.

If you qualify, you can use it for anything in your business. Renovate your business, invest in new equipment and technology, hire new employees or catch up on taxes and insurance bills–it’s entirely up to you.

The quickest, easiest way to get a business loan for your small business

Applying for an unsecured small business loan with Sunwise Capital couldn’t be easier. Just give us the last three months of your business bank statements and complete a one-page application.

Approvals are within 24 hours, and loans fund one business day after that. We can get you the cash quickly because we have created a streamlined, proprietary process that lets us approve you in no time–and not having to provide collateral plays a huge part in that.

Get a No Collateral Business Loan Now

If you’re online searching for an unsecured business line, you probably need cash quickly. Avoid banks and big lenders that make you endure a long, arduous application process.

Don’t fret about putting personal or business assets on the line. With Sunwise Capital as your lending partner, being approved for no collateral business loans is a snap.

Unsecured Business Loans

  • No Cost
  • No Obligation
  • 24 Hour Approvals