Quick And Easy Business Loan
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Quick And Easy Business Loan

If you are a small business owner, you know how hard it is to get quick and easy business loan from traditional banks these days. Since the financial melt down that had happened several years ago, traditional banks raised the bar for borrowers to protect themselves. The requirements to borrow money has been tightened so much that banks are not lending anymore. If you need business loan fast, your chances of getting it from traditional banks are very slim.

But for any small business owner, having working financial resources or cash is critical and it can be a matter of whether they can stay in business or out of business. There are many small to mid-sized business owners out there that need business loan fast in order to expand their business, to buy new equipment, to hire new employees, to advertise and so on. Speaking of advertising, no banks or lending institutions will lend you money for that purpose. However, for some small business owners, that's exactly what they need to grow their business

Let's take a good look at what many small business owners are facing today.

  • No money
  • No funding-Banks are NOT lending
  • Don't know where to go
  • Low cash flow
  • Poor personal credit
  • Personal credit limits are squeezed
  • Can't grow their business
  • Totally stressed out-looking for a peace of mind

Considering the fact that 95% of small business in America fail every year, those 95% can relate to one or more situations above. Simply put, they all need money to survive in business and to grow. And 95% of small to mid-sized business loan applications are rejected by traditional banks because of lack of hard assets, poor credit or insufficient operating time. Getting a business loan fast is almost impossible from traditional banks. And if they loan you money, there is a strict requirement: for every $1 to borrow, you have to have $3 assets. So, if you want $100,000 loan, you have to have $300,000 in assets. But wait a minute.......if you have $300,000,why would you want to borrow $100,000? Doesn't make sense, does it? In other words, they don't want to lend you money. Bank of America lends money to a business that makes $500,0000 or more. Wells Fargo Bank is a bit more forgiving but a business has to make $200,0000 or more. As you know, any business that makes that kind of revenue is not a small business at all.

I came across with SUNWISE CAPITAL when I was searching for small business loan. SUNWISE CAPITAL was founded by Mark and Vivian Kane. Mark Kane is CEO of SUNWISE CAPITAL and he has a strong financial background,spent 17 years in investment banking and 10 years as a lender. He trained tens of thousands of both business owners and sales reps to be successful.

Vivian Kane understands the challenges small to mid-sized business owners are facing today.Her strong financial management backgorund goes back to 15 yars ago when she started a company using ACH transactions. During those periods of time,she had an invaluable experience of the importance of cash flow management. Because of her experience, she bacame a successful business woman in faciliating cash flow solutions to many small to mid-sized businesses.

To my knowledge,there are simply no other lending institutions rival to their service because they loan money to business owners based on their business performance not based on their credit.

Let's take a look at the requirements.

  • You must be operating your business in the US.
  • You have to be in business at least for a year.
  • Your business revenue has to be $200,000 a year or more
  • They don't loan money to real estate investments or property management.
  • If you're in construction business, you have to be in business at least for two years.

What they do or don't.

  • Sunwise Capital offers business loans.
  • There is no broker fee/set up fee.
  • Personal credit is not an issue.
  • They offer loans that are not collateralized.
  • They do not report to the personal credit bureaus.
  • They do report to the business credit bureaus.

Loan application is quick and easy. You only have to submit a one page loan application. Approval is fast and you'll know if you're approved or not in one or two days. And after you're approved,you'll get the fund within 5 business days.

At the time of writing this review, SUNWISECAPITAL was going through some changes to their loan requirements. They consider to loan to small business owners that make less than $200,000 a year and if they really do, it would be a great news for all small business owners.


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