Business Loans Illinois
From Chicago to Springfield, we are working to provide the working capital from small business startups to loans for minorities with bad credit.
There is no doubt that Chicago and its suburbs are the centers of entrepreneurial growth and development.
According to Business News Daily, most business owners understand that Illinois is challenging for companies for a host of reasons.
The primary drawback is the high tax rate. Coupled with a slow economic recovery makes even the most ambitious entrepreneur think twice when starting a business in the state.
One of the big advantages Chicago offers is the diverse population around the windy city. With over 3 million people, it is centrally located with an excellent transportation center.
They have two major international airports and a rail system and trucking hub that enables businesses to flourish when they need to ship products to any of the other 48 states.
Small business loans for minorities with bad credit
The diversity of the Chicago means there is a significant demand to offer the products and services to meet the growing population demand.
Sunwise Capital is committed to providing minority owned businesses the access to capital that many of the larger banking institutions withdrew during the economic turndown.
We recognize that there is an unyielding and skilled labor force that enables businesses from startups, hair salons to auto repair and services to thrive. Strengthening this work force are some great colleges and universities in the metro area.
Small business micro loans with bad credit
Our merchant cash advance loans are specifically designed for those who have bad personal credit. We offer a fast and easy funding solution for those companies who are service oriented and take credit cards.
MCA loans are designed to help those that have a thriving business and need quick funding for any business purpose.
Our loans are designed to look at the health of the business and not just your credit score. This method of underwriting business loans enables us to provide unsecured business loans from $10,000 to $500K.
For more seasoned companies we offer term loans with low-interest rates and funds up to $2M.
Sunwise Capital also specializes in SBA loans. It offers the SBA 8(a) program designed for minority-owned companies. It also provides the traditional SBA programs that provide from $50,000 to $350,000 for business growth and expansion.
Or for those companies that need to secure real estate for their growth and expansion up to $5m from the SBA CDC/504 loans.
Illinois small business loans
Whether you are starting a sole proprietorship in Illinois or searching for how to start a minority woman owned business, Sunwise Capital can help you.
The state of Illinois also provides its owners with some dozen and a half development centers. They are designed to help you put together business plans, and they can help you navigate the tax code.
We advise that those Chicagoans who are either in the startup mode or are looking for Illinois small business loan startup grants for minorities check out the Score office at one of its many locations.
Sunwise Capital stands ready to help you whether you’re the next hip high-tech alternative boutique hotel or an old-school barbershop.
Call us at 888.456.9223 to speak directly with an underwriter to discuss your funding needs. No pushy salespeople, just straightforward advice to help you make your business dream come true.