Even with bad credit or no collateral, you could be approved for a small business loan.
Sunwise Capital is an online lender that claims to provide financing to more than 700 industries — including restaurants, retailers and manufacturers. Offering loans in all 50 states, you could qualify for a small business loan with daily, weekly or monthly automatic repayments.
|Product Name||Sunwise Capital|
|Min. Credit Score||500|
|APR||Starting from 5.49%|
|Requirements||1+ year in business, $150K+ annual revenue, 500+ personal credit score|
- Business is at least 1 year old
- Personal credit score of at least 500
What is a Sunwise Capital small business loan?
Sunwise Capital small business loans are available to people with businesses that have been operating for at least one year and have personal credit scores of 500 or higher. Sunwise Capital offers loans between $10,000 and $2 million to expand business, consolidate debt, acquire working capital and just about any other business purpose.
You can apply fully online with qualifications that are minimal compared to traditional banks. Smaller loans of $150,000 or less could be approved in 24 hours with funding available the following business day.
Do you qualify?
You’ll need to have been in business at least one year and have an annual revenue of at least $150,000 to qualify for a Sunwise Capital small business loan. Sunwise Capital accepts business owners with personal credit scores of 500 or higher.
What makes Sunwise Capital unique?
Sunwise Capital offers an opportunity for business owners who may have been turned down from traditional banks to get the funding they need. Unlike a traditional bank that will require extensive paperwork and high FICO scores, Sunwise Capital simplifies the process of getting a loan with a one-page online application and a requirement for the last three months of your financial statements only. You’re provided with many loan options to find one that best suits your situation.
Sunwise Capital also offers Wise Business Loans, which have slightly different requirements and terms.
Get financing from Wise Business Loans