Merchant Cash Advance Provider
Taking out a business loan to keep your small business moving along seems like a smart thing to do.
However, most small businesses get turned down when they apply for a business loan from the bank.
Why is that?
The answer lies within the current state of our banking industry. Those that are approved by a bank must typically repay the loan within very restrictive terms.
If your cash flow fluctuates a lot, as it often does, making those payments can be a significant burden.
What else can you do?
When you need extra cash for your business and need flexibility in paying it back, a merchant cash advance may be the answer.
Sunwise Capital is a merchant cash advance provider that specializes in getting small businesses the money that they need as quickly, easily and affordably as possible.
When Traditional Business Loans Don’t Help
For decades, small businesses in need of a cash advance only had one viable option: apply for a business loan from the bank and hope for the best.
Today, banks have mostly moved away from giving loans to small businesses. Unfortunately, the process is more hassle than it’s often worth. Plus, the requirements and bank covenants are too often prohibitive.
To be approved by a bank, you typically need considerable assets and some collateral. Banks often also require a personal guarantee – from all the principals. They also primarily base their decision on your FICO credit score, which prevents many businesses from getting financed.
The Solution? Merchant Cash Advance for Companies with Bad Credit
It’s very simple. A percentage of your daily revenue is used to make your regular payments.
• Imagine getting funded in as little as two business days
• Making variable daily payments that fit your cash flow
• Getting your funds in two business days
• Automatic payments for no hassle and no worries
• No personal collateral or assets
• No set date to mature means total flexibility on your terms
• Based on your businesses cash flow and overall performance
• Best for last – No penalty to pay off the loan at any time!
Working with a merchant cash advance company like Sunwise Capital means we evaluate the overall picture of your business. Not just your personal credit score.
We’re more interested in the health of your business than strictly your personal credit score. We use a sophisticated cash flow model to determine the amount of the advance. If you have bad credit, no problem.
Once you are approved, Sunwise Capital can typically fund your cash advance within two business days compared to weeks or months from the bank.
Unlike regular bank business loans, which usually have large, set-in-stone monthly payments, you pay back your business merchant cash advance through daily withdrawals from your account.
The amount withdrawn is based on your revenue for that day, so you will never worry about being overwhelmed with a huge payment.
Cash Advance for Any Reason
• Growth & Expansion
• New Hires & Payroll
• Advertising & Marketing
• Equipment & Inventory
• Renovation & Upgrades
When applying for a traditional bank business loan, you’ll have several hurdles to clear. First, you must meet all their general qualifications including personal credit scores, assets, and collateral.
Assuming you make that cut then there are the 20+ documents they require including:
- Past three years’ personal income tax returns
- Past three years’ business tax returns
- Balance Sheet
- Business plan
- Accounts receivables
- Accounts payables
You get the idea.
Banks like you to have assets or collateral in a 3:1 ratio. This ratio means for every $1 you borrow you must secure it with three dollars in cash or assets.
Let’s assume you need $100,000 for an expansion. According to the bank you need $300,000 in collateral. Guess what?
Here’s the joke.
If you have $300K sitting in your bank account, you do not need to borrow $100K, right?
The next big hurdle is that all your business partners must qualify for the loan. All your partners will need a FICO score of 680 if not 720 or better to qualify for the business loan and they will all be responsible for posting collateral.
Your next obstacle is the reason for requesting the loan. This reason for borrowing must be on the bank or lender’s list of approved reasons. If it’s not, you’re out of luck.
One thing that sets Sunwise Capital apart as a merchant cash advance provider is that we don’t need to approve your reason. It can be for any legitimate business reason.
That’s right, once approved, you can use the cash advance for any business purpose. Need money for marketing or advertising? No problem. How about new hires or tax payments? It’s OK with us.
At Sunwise Capital we base your approval on other factors. There are over 200 in our matrix that helps us determine the approval of your advance.
These factors include the health of your business, cash flow, web presence, time in business, type of business, etc.
Here is what we need:
- 1 Page Application
- Past three months’ business bank statements
- That’s it – 24-hour Approvals
- Funding sent in a little as two business days
If you are looking for a merchant cash advance company to provide that cash advance for your small business, you can’t do better than Sunwise Capital. Our services are designed to be streamlined and easy.
The entire application process is quick and painless. You don’t even have to leave the office. We fund most advances within just two business days, and we offer advances ranging from $10,000 to $500,000. The entire process is online.
Don’t wait until it’s too late.
Apply for a merchant cash advance from Sunwise Capital today.
Merchant Cash Advance Companies
Like many small businesses, yours may have somewhat unpredictable cash flow. This challenge with your cash flow makes it understandably difficult to repay fixed payment loans.
One month, making the payment might be easy; the next, it might be downright impossible. If you need cash to keep your business moving along for any reason but also need flexibility while repaying the money, merchant cash advance companies like Sunwise Capital may be the answer.
The merchant cash advance from Sunwise Capital keeps individual needs in mind. These advances are fast, easy and flexible–and you can use the money for virtually anything.
Merchant Cash Advance: When a Business Loan Won’t Cut It
When small business owners need cash for their operations, they typically turn to traditional business loans first. However, they are overwhelmingly turned down for such loans. Even when they are approved, they often struggle to make the monthly payments.
If this sounds familiar, you’ll quickly see why our merchant advance options are so useful. Merchant cash advance companies have skyrocketed in popularity lately.
In fact, Sunwise Capital has improved upon the standard processes to make getting a merchant advance as quick and convenient as can be.
Get the Merchant Cash That You Need
Merchant cash advances from Sunwise Capital can save the day when you’re tight on cash.
Whether you need a cash infusion for payroll, to expand your operations, to pay insurance or taxes or for anything else, our merchant loans are excellent solutions.
The way it works is simple. When you apply, Sunwise Capital carefully assesses your company’s cash flow and other factors to determine how much you qualify.
You get presented with several merchant advance options with various terms. After selecting the one that’s right for you, your merchant cash advance can fund within just two business days.
Fast Business Cash Advances
No Assets No Collateral No Maturity Date
Unsecured Bad Credit OK Easy
If you’ve held off on taking out a business loan because you’re not sure that your company can afford the repayments, you’re going to love our merchant cash advances.
If you’ve held off on taking out a cash advance due to bad credit then you’re going to love our bad credit business cash advance.
Your repayments are determined by your daily revenue. On the days when your sales and income are higher, you will make a larger payment.
On the days when your daily sales and revenue is lower, you will make a smaller payment. The repayment manageable and the payments are automatically ACH’d from your account. The days of worrying about having a late payment are over.
Unlike some business cash advance lenders, Sunwise Capital does not require any collateral or assets to process advances, and there is no maturity date looming overhead.
Obtaining a merchant advance from Sunwise Capital is one of the easiest, fastest ways to get cash for your small business. There is no long-winded, stressful application process. The funds typically get deposited in just two days. The loan amounts range from $10,000 to $500,000.
Since we strictly focus on small business merchant cash advances, we can bring you the most competitive rates and terms.
Repayments adjust based on your company’s daily cash flow. These flexible payments will smooth out your cash flow and reduce the struggle to make them.
The sooner that you apply, the sooner you can get the money that you need.
Don’t wait another minute.
APPLY FOR A MERCHANT CASH ADVANCE NOW
FROM SUNWISE CAPITAL TODAY