Our minimum qualifications are less than those of banks. We’re focused on getting you approved so you can grow your business with small business funding options, even with bad credit.
Sunwise Capital offers business financing and business loan options from 5 months to 21-month terms and receive fixed daily weekly or monthly repayment. All you need is at least 6-months’ time in business.
We specialize in financing options with poor to fair credit. Loan approval amounts range from $10,000 to $250K – even if you have less than perfect credit scores. These can be a business term loan, equipment financing or even invoice financing.
That means for every dollar you borrow you repay $1.18. You have the option for early payoffs with no penalties for prepayments
There is no cost or obligation to apply. We do a soft credit pull. There are no extra finance charges. Business loans for start up – you must have a minimum of six months in business for startup business loans.
We do not report to Trans Union, Equifax or Experian on the personal score. All positive payments reported to business credit bureaus.
This loan option is good for debt consolidation loans, improve cash flow and sales. You can also pay outstanding bills or unpaid invoices.
You must have a business bank account. You can get additional money or renew your business loan after 50% is paid back
Our promise to you is to give you more money, better rates better terms.
We guarantee the lowest rate on our business funding. You’ll receive loan options with customized funding options and affordable loan payments.
Our FICO credit score requirements are a minimum credit score of 500 with annual revenue minimum of $200,000.
If you are looking for $10K to $2M we offer short-term options along with quick financing options. Our loans have no traditional personal guarantee and a competitive APR.
We do not require any collateral or assets
Business owners, have you ever applied for a bank loan? Then you already know how frustrating it can be.
Your company not only needs to be strong financially but as the owner, you typically need to have great credit too.
If bad credit is keeping you from getting the cash that you need to expand your business, to buy new equipment or for any other purpose, it’s time to turn to the experts at Sunwise Capital.
As one of the best alternative lenders. we will never ask for a business plan. We assume you know your business. We look to offer funding to companies looking for a long-term relationship.
If you have low credit or average credit we can help. We provide business funding for bad credit.
Our unique and proprietary underwriting enables us to look at the health of your business. That means we focus more on your cash flow and not just your FICO score.
Sunwise Capital’s unsecured business funding offers a tremendous opportunity to secure financing when you have business owners with a bad credit score or damaged credit report.
If you’ve been in business for one year and have a minimum of $200,000 in annual income, we can help!
Do you have other loans outstanding? We can pay off your first or second position loans, perhaps even going behind them in the third position.
Please make sure you are current on your business mortgage or rent. If you are credit borrowers with a late payment or two, no problem.
A Bankruptcy is OK as long as it is discharged at least one year’s time. At least two years in business and $200K annual revenue makes the process easier and the chances of approval are greater.
Remember, our unsecured business loans have no traditional personal guarantees. You must have a business checking account or business savings account with no open bankruptcies.
Unsecured Loans means no assets or collateral needed. We do offer quick funding with loan options up to $250,000
Unlike banks and credit unions, we will also consider a loan if you have liens up to $200K (if you have a payment plan). Smaller lien amounts may not require a written payment plan.
When applying for traditional business funding you need massive advance preparation when applying for business lines of credit, invoice factoring or a merchant cash advance.
Especially if you have bad personal credit Everything is handled right through our secure website and online. If you apply today, you could be approved by tomorrow and funded by the following business day.
Don’t wait for a loan request. APPLY NOW
In the meantime, we will make sure we provide you with excellent rates and terms with no fees or additional costs.
The vast majority of our clients borrow from us several times a year and sometimes for several years in a row. Why? Because it works and we know it will work for you too.
Business owners – did you check your credit only to find it’s 450, 500 or maybe it’s 650 plus or even above 700? No matter what we have special programs just for you.
We will not offer you more than you can pay at a competitive rate. In fact, we guarantee it.
The demands on your finances are different. On average, you have:
You max out your personal credit cards to pay for your business expenses. You simply have more credit card debt. As a result, it is hard saving money.
You take out home equity loans (when they existed) to buy business equipment. You remortgage your home to squeeze out more cash for payroll.
This use of available credit results in increased credit utilization. 30% of your FICO score is your utilization. Plus, every time you apply for auto loans, credit cards, etc., they do credit checks.
The net effect is it lowers your FICO score. Your high utilization percentage decreases your chances of receiving additional credit.
The bottom line is you’re stuck with a less than perfect credit score.
DO YOU HAVE A BUSINESS CREDIT CARD?
HAVE YOU EVER MISSED A PAYMENT?
DID YOU ASSUME THAT YOUR BUSINESS ACTIVITY DOESN’T IMPACT YOUR PERSONAL CREDIT?
What I almost guarantee you didn’t know is that if you default on the business credit card, BINGO, you guessed it.
They report it to your personal credit history.
Don’t use a credit card for six months and the credit card issuer just might close the account, which hurts your credit score.
How much do you need?
What do you need it for?
What will it do for your business?
Find out why it is easier to get business loans from Sunwise Capital than traditional banks.
You run a great business. The company has great margins. Your annual revenue is growing month over month.
The growth of the company is looking very promising. In fact, it’s exploding!
There is only one thing. Your personal credit score sucks. Nothing personal. It’s not your fault. You are unable to get a personal loan. Your loan application is declined. Even if you can repay. What you need is business funding.
In a perfect world, we’d all have excellent credit. In real life, though, things happen. Unfortunately, banks and traditional lenders don’t tend to be very understanding about that. That’s why you need to work with alternative lenders or online lenders.
We have a better solution for your business. Business financing with highly competitive rates and terms based on the health and cash flow of your business and not your personal credit score. Why pay more?
Don’t let your company go out of business because you’re short on cash. Even if you have business owners bad credit, Sunwise Capital can help.
At Sunwise Capital we are willing to view you as more than your low credit scores. So, if you have a poor minimum credit score and feel intimidated about applying for bad credit business loans don’t worry.
We will talk to you respectfully and tell you the ins and outs if you don’t know how to get a business loan with bad credit. We can even talk to you about improving your credit score.
Banks and big lenders make you jump through all kinds of hoops to get a loan. Often, you must have what they deem to be an excellent reason to need the cash to qualify for a business loan. forget about it if you are a startup business.
The banks require excellent credit and a strong credit history. Truthfully, they have limited options for business, especially business loans for bad credit
You typically need a business plan, 3 yeas tax returns, full financial disclosure on business and personal and up to 24 additional documents.
They require a minimum credit score of 700 or better and rarely will offer a business loan startup.
When you have damaged credit, it’s easy to feel like a second-class citizen. At Sunwise Capital, our focus is on helping small business owners with bad credit achieve unparalleled success.
We provide customized loans, lines of credit, a merchant cash advance with competitive rates and a term you can that meets your budget.
After all, just because your credit isn’t picture perfect doesn’t mean that you don’t deserve exceptional service.
Our process is so fast and easy; you can find out which business loans you qualify for in no time.
There is no application fee, and you are not obligated to take any loan. Best of all, our bad credit business loans and other loans are backed up by a $500 guarantee.
We’ll either beat another lender’s rate or give you $500 – you truly have nothing to lose (See here for details).
Another key advantage of developing a long-term relationship with alternative lenders like Sunwise Capital is that we do not report the loan payments to the personal credit bureaus, but we do report to the business credit bureaus.
This loan option is ideal for people with damaged credit. In fact, you can even raise your minimum credit score with our loans. If building credit is important to you, we can help build business credit.
We report to the business credit reports. By not reporting to the personal credit bureaus you may get a lower interest rate on a personal installment loan with our funding solutions especially merchant cash advances.
Our objective is to work with you so that over time you can become bankable and get banks to give you a bank business loan. We consider our approach to be responsible lending.
We will never lend you more than you can afford to repay.
Sunwise Capital provides business loans of $10,000 to $250,000 to small businesses in all 50 states. We’ve designed a streamlined application process that lets you get the cash that you need quickly–regardless of your credit standing.
Considering that 77 % of our clients borrow again from us two to three times per year, it’s safe to say that we’re doing a lot right!