Small Business Loans for Women with Bad Credit
Did you know that more than 30 percent of small businesses in the U.S. are owned by women? If you are a woman who owns a small business, you are well aware of how much work goes into keeping such an operation afloat.
If you’ve ever applied for a traditional business loan and been turned down, you also know how hard it can be to get financing. Did you know that women receive $1 for every twenty-three dollars in small business financing?
Crazy, isn’t it? So we know that it’s a definite struggle. On top of that, if your personal credit is bad, it’s even harder. There’s no doubt about it: It’s time to explore small business loans for women with bad credit from Sunwise Capital.
Small business loans for women with bad credit: The challenge
Being approved for a small business loan from a bank or a traditional lender is notoriously difficult. The fact of the matter is that such institutions are extremely leery about extending credit to companies that aren’t very large or well-established. Their approval process is complicated and difficult, and it can take months to hear back. Your business not only needs a good credit rating, but you do too. If you’re one of the thousands of women struggling to get small business loans for women, Sunwise Capital is here to help.
Business loans for women — regardless of personal credit
Unfair though it may be, traditional lenders consider business owners’ personal credit when processing loan applications. At Sunwise, we do things just a bit differently. We understand the unique challenges that are faced by women business owners, and we don’t think that bad credit should hold you back from growing and improving your business.
Our team, is co-owned by a woman and is made up of many prior small business owners. We’ve developed a process that makes it fast and easy to get the funding that you need–even if your credit isn’t so great.
Easy Business Loans for Women
Applying for a small business loan with Sunwise Capital couldn’t be easier. All that we need is a completed one-page application and three months of your most recent business bank statements. No collateral or assets are required, and no traditional personal guarantees are necessary. Applications are processed within 24 hours. At that time, you will be presented with several options of small business loans specifically for women and can then select the one that most closely suits your needs. Our loans are funded the next business day, so you’ll have the capital that you need before you know it.
Bad Credit is No Problem
Traditional lenders don’t offer small business loans for women with bad credit because they require applicants to have good personal credit. Sunwise Capital, one of the top small business lenders in the U.S. has the unique ability to more weight on your company’s credit standing. Most of our business loans do not report to the personal credit bureaus — only the business ones. Further, you can use your loan for any business purpose, from expanding your business to catching up on tax payments to taking advantage of that timely opportunity.
Like many female business owners with bad credit, you may have held off on applying for a business loan because you’re sure that you’ll be turned down. Don’t let bad personal credit keep you from making the most of your business and business opportunities. See how easy it is to get business loans for women regardless of credit by applying for one with Sunwise Capital today.