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Working Capital Loans

Working Capital Loans

Did you know that getting working capital loans is easier now than at any time since the great recession?

The four most popular types of working capital loans we will discuss are:

Equipment Financing

Commercial Loans

SBA Loans

Merchant Cash Advances


Working capital loans are any types of loans that are used to operate your business on a day-to-day basis.


You don’t want to use a working capital loan to purchase anything considered to be a long-term investment or asset.

Why?

The reason is simple.


Working capital is the difference between your current assets versus current liabilities. Fast approvals for working capital are best suited for things like daily operations.

These daily operating expenses can include, payroll, rent, immediate renovations, debt consolidation, marketing or purchase inventory (to name but a few).

What are Working Capital Loans Used For?

Working capital is simply the money or funds a business has available to pay its day to day invoices. This is nothing more than the cash on hand to “pay the bills.” Typically, you do not need a business loan calculator nor do you need to be an expert at reading financial statements to know if you have enough money at the end of the month. These funds are what’s available either in the business checking account or in the businesses savings account.

The challenge that most business owners face is the ebb and flow of their account receivables. This is the situation when there is too much month at the end of the money. Unfortunately, most businesses do not have the luxury of dependable, predictable and steady revenue all year round.

It’s not just the unpaid customer invoices that put a strain on the cash flow. A businesses working capital surplus or deficit can reflect various sales cycles or seasons. Landscape companies in the Northeast have the spring, summer and fall months to do most their business. It’s not unusual for these companies to remove snow during the winter. But what happens when there is no snow? The company is still required to meet its payroll needs, equipment maintenance and preparing for the spring season.

This is a prime example of a company that will look for business working capital loans to (sometimes referred to as bridge loans) to meet the cash shortage. A company like this will also look to short term business loans for its business funding since the busy season is right around the corner.

Are Working Capital Loans a Good Idea?

Sunwise Capital, a leading top 10 direct lender, provides commercial finance to companies of all sizes. Our typical client has annual revenue from $200,000 to up to $20M. The reason why this type of loan is so popular is that it’s fast and easy to get business funding. Even those business owners that have personal credit score challenges, we provide one of the best unsecured business loans. We can offer established businesses better annual interest rates and terms than traditional banks. Starting rates as low as 5.49% to help you grow your business.

Can Capital Loans Work?

Sunwise Capital is one of the capital sources that helps you get your loan application to “YES.”

We can help you get the amount of money you need today. Whether it’s business loans for women or loans for bad credit, as one of the leading financial institutions, we can help.

Call us at 888.456.9223 to find out more.

working capital loans

EQUIPMENT FINANCING

New and used equipment can help you improve your company’s operations. Run your business more productively and efficiently with the equipment you need today using this financing option. Many of our clients’ find this more attractive than traditional equipment leasing.

Keep more of your cash on hand to help grow other parts of your business.

Virtually no limit to the equipment whether it’s new or used.

Tax Savings

Did you know that you can qualify for specific tax write-offs? Speak to your accountant about the IRS 179 tax code.

Flexible Payment Options

Equipment loan finance options are available. Inquiries Call 888.456.9223 or CLICK HERE for faster service.


working capital loans

SBA LOANS

Did you know that one of the most popular loans today is the SBA (7A) Loan?

Why?

  • Rates

    Fixed and Variable SBA Interest Rates

  • Choice

    The SBA’s popularity is due in part to the ability to choose either a fixed or a variable rate.

  • Interest Rates

    Interest Rates on SBA 7A Loans 5.50% – 7.75%* (* Variable rate of Prime + 1.50% – 3.75%)

  • Amounts

    Funding Amounts on SBA 7A Loans $30,000 – $5million

  • Repayment

    Repayment Terms on SBA 7A Loans 10 – 25 years

  • Commercial

    SBA 7(a) Commercial Real Estate Loans $350,000 to $5 million

As a business owner, are you looking for a quick and easy way to finance or refinance owner-occupied commercial RE?

Are you looking to obtain a new business property?

Does it make more sense to purchase versus lease to build more equity in your company?

How would you like to get rid of rent with a minimal down payment?


working capital loans

  • Do you have a commercial mortgage?

    01

  • 02

    Do you have a balloon payment?

  • Do you have a high-interest loan?

    03

If you answered “YES” to any of these three questions you need to consider refinancing.


Have you ever thought about an SBA commercial real estate loan? Did you know that a Commercial Real Estate SBA loan goes out twenty-five years?


working capital loans

SBA 7a Loans for Working Capital and Debt Consolidation

Business owners.

Many business owners don’t know that you can use the SBA 7a Loans for Working Capital and Debt Consolidation?

Cash Infusion.

Put $30K – $350K in Your Business Today

Across the country.

Find out now why business owners across the country apply for loans with the small business administration.

Apply online.

Why go to banks, credit unions or other financial institutions when you can apply online and get a decision in 5 minutes!

Get the funds to run your business:

Why not Consolidate or Refinance Your High-Interest Debt?
Use it for Advertising & Marketing
Grow and Expand Your Customer Base
Get the Equipment You Need
Add New Technology, Products or Services
Staffing and Hiring Employees
Bulk Inventory or Supply Purchases


working capital loans

COMMERCIAL LOANS

Working Capital Loans up to $2M to secure your business
LOANS with NO SECURITY OR COLLATERAL

Fixed Payment – RATES STARTING AT 5.49%

Available for almost any company with a time in business at least 12 months. No startups.

Can your business use immediate access to capital up to $2M, with a commercial business loan, with NO COLLATERAL?

Short Term & Long Term Working Capital Loans with:

  • No Upfront Fees, No Cost, No Obligation, No Assets, No Collateral
  • FICO 500+
  • Liens & Judgments up to $175K
  • 6 to 60-month terms with
  • Pre-approval in 24 – 48 hours
  • Daily, Weekly & Monthly Payments
  • Funding in two to four business days
  • Loan amounts up to $5M
  • Access to working capital to secure your business
  • Fixed payment loans
  • RATES STARTING AT 5.49%
  • Available for almost any business at least six months in business
  • Annual revenues over $150,000
  • Cash within 24 – 48 hours
  • NOT reported to the personal credit bureaus.
  • We DO report to the Business Credit Bureaus


working capital loans

MERCHANT CASH ADVANCES

How the MCA Works

Does most of your revenue come from credit card or debit card sales? Are you a restaurant or retailer? Even if most your sales are not primarily from credit or debit cards, this financing option may be for you.

Technically this is not a loan. We give you cash today for a percentage of your future sales.

Unlike with traditional lenders providing a bank loan, you’ll repay the cash advance through your merchant account using the ACH or Automated Clearing House. Every day you batch your sales through your merchant account a certain percentage of the sales will be used to pay back the advance.

This portion is known as the holdback. Depending on the risk, this can range from the single digits to as much as 30%.

You pay a variable daily amount based on the day’s credit sales. The more you make, the more you pay. Inversely when you have a slow day, you pay less.

This is the perfect type of funding for those who are credit or cash flow challenged.

How much you pay is also a function of risk. Sunwise Capital uses a matrix of over 200 data points to help give you the best possible rate. The merchant cash advance is typically more expensive than a bank loan and even when compared to other alternative business loans.

This rate is also known as the factor rate. It is not an interest rate. You cannot compare an interest rate with a factor rate. The higher the factor, the more associated risk. Our factor rates start at 1.18. They sometimes can go to 1.5%

For example, let’s say you need an advance of $100,000. You multiply the advance amount ($100,000) by the factor rate (1.18), and you get $118,000. The $118K is the amount you’ll pay back.

The inverse is you’re selling $118K in future sales today at a discount for $100K.

Let’s assume you have a 10% holdback rate and you do about $3,500 a day in credit and debit card sales. Remember some days will be more or less. On average, you will have $350 a day “held back” to repay the advance.

You’re open every day, so it will take about 337 days or a little less than a year to repay this amount. Again, it may be just a touch more

Fast & Simple One-Page Application

Our easy application process takes less than 5 minutes. Fill it out and give us the last three months of business bank account statements

24 Hour Approval

Get approved in 24 hours or less.

Fast Funding

You can get you money in a day or two.

Flexible Rates and Terms

$10,000 to $500,000 Per Location

Poor Credit OK

FICO 500+

Unsecured

No assets or collateral


Use of Capital

Bulk Purchase of Supplies or Inventory
Partner Buyout or Open Another Location
Pay Insurance or Taxes
Renovations & Expansion
Meet Payroll Expenses or Add Staff
Coming into Slow or Busy Season

Private Money Lenders Like Sunwise Capital Doesn’t Cost You More

Our staff is well trained to support your business and provide financing solutions just for you. We’ve perfected our business lending model and help thousands of businesses in hundreds of industries.

Any questions?

Call 888.456.9223 now, and we’ll answer every one of them. There is no cost and no obligation to get a quote.

working capital loans