When you need extra cash to keep your business running, applying for a traditional business loan isn’t always the best way to go. The fact of the matter is that standard business loans from banks and other traditional lenders are not very accessible to small businesses. The terms and requirements tend to be so restrictive that the vast majority of small companies are turned down. Even if you’re approved, your monthly payments are likely to be large and inflexible. What if you have a bad month and can’t make your payment? With a cash advance loan from business cash advance companies, you can avoid these and other hassles. Sunwise Capital can help.
How business cash advance lenders work
Many small business owners aren’t even aware that business cash advance lenders are available to help you out today. Much like how personal cash advances work, business cash advances are granted and repaid based on the income that comes in to your business. Sunwise Capital carefully assesses your company’s transaction history to determine how much cash you qualify for and how it will best be repaid. Cash advances are processed quickly, so you can get the cash that you need fast. As for repaying the loan, daily payments are taken automatically. They are based on the volume of business that you had each day. When sales are up, your payments are higher. When sales are down, they are smaller.
Flexible small business cash advance loans for any reason
Nothing is worse than wondering where you’ll scrape together the cash that you need for your business. Traditional lenders only approve loans for certain specific reasons. If yours isn’t good enough, you won’t get financed. Business cash advance companies like Sunwise Capital are different. We look at different criteria when determining loan eligibility, and how you plan to use the cash is not an important factor. Therefore, you can get a cash advance to cover virtually any expense.
Loans That Work with Your Business Cash Flow
Unlike larger companies, small businesses don’t tend to have much of a financial “cushion” to fall back on when things go awry. They also tend to experience a lot of fluctuations in terms of revenue and the like. Such companies struggle to repay traditional loans or to even qualify for them in the first place. At Sunwise, we don’t think that you should have to shut down your business because of some trivial matter. With a business cash advance, you can get the money that you need without having to worry about how you will pay it back.
Despite what you might think, getting a loan to keep your business going doesn’t have to be stressful. Repaying such a loan doesn’t have to be difficult. If you are looking for cash for your business for any reason–whether it’s to buy more inventory, pay off debts, kick-start a new marketing campaign or for anything else–a business cash advance from Sunwise Capital is the easy, stress-free solution. Contact us today for more information and other loans, or apply for a cash advance now.