Sunwise Capital

Sunwise Capital offers an easy and convenient way to apply for small business loans. Our company aims to provide the best unsecured business loans, merchant cash advances, and working capital loans so that you can build your business. Since our inception in 2010, we have been serving over 86,000 businesses and counting. Businesses trust Sunwise Capital because we are easy to work with and are efficient at helping business owners find the right type of funding they need to grow. Feel free to schedule an appointment with us today! Before diving into working capital loans, it’s important to understand what working capital is. Working capital represents the funds available to a business to cover its current liabilities and day-to-day operational expenses. It is calculated by subtracting current liabilities from current assets. A positive working capital indicates that a business has enough short-term assets to cover its short-term liabilities. There are different types of working capital loans available to businesses. These include: Traditional Term Loans: These are fixed-term loans where the business receives a lump sum amount upfront and repays it, along with interest, over a specific period. Lines of Credit: A line of credit provides businesses with a revolving credit facility. They can borrow up to a predetermined limit and repay it as needed. Interest is charged only on the amount borrowed. Invoice Financing: Also known as accounts receivable financing, this option allows businesses to borrow against their outstanding customer invoices. The lender provides a percentage of the invoice value upfront and collects the payment when the invoice is due. Merchant Cash Advances: This type of financing is based on a business’s future credit card sales. The lender advances a lump sum amount and recoups it by deducting a percentage of the business’s daily credit card transactions.