The fast Micro loans allow small business to do what they should do: grow and thrive.
San Francisco, CA (PRWEB) February 14, 2013
Small businesses have faced a challenge since the credit markets changed in 2008. Access to capital and bank loans has been extremely difficult, as many banks are unable or unwilling to lend. Yet small businesses form the backbone of the U.S. economy, so this dilemma is serious. Without small business strength, the economy will not grow.
Sunovis Financial offers a solution: fast non-bank loans for qualified small businesses. The loan underwriting is sophisticated but different from bank underwriting. There are no collateral requirements, no down-payments and the FICO scores count far less than they would with a bank loan. Underwriters examine the business cash flow and ability to repay the loan. Approval is swift - often in 2 to 3 days, so there are no long waits.
The fast Micro loans allow small business to do what they should do: grow and thrive. The underwriters will help the small business owner examine the total cost of the short-term loan (terms are 4 months to 18 months), and the ideal uses for the loan are for something that will bring more money to the bottom line of the company. Loans are made from $5,000 to $150,000 and there may be some exceptions for higher loan amounts as well.
Payback is most often made by convenient ACH payments, so the small business owner can "set it and forget it", allowing him to focus on the business. Restricted industries are listed here, but there may be a few exceptions so do check with the Sunovis team.
The mission of Sunovis Financial is to help rebuild the U.S. economy, one business and one loan at a time. The Sunovis Micro loans fit that mission perfectly.
About Sunovis Financial
Sunovis Financial is a financial services firm that specializes in small business loans - SBA loans and Micro loans. The company helps small banks stabilize and grow through SBA services. Sunovis also handles commercial real estate finance and refinance, through nationwide sources, which can include "nearly bankable" deals. Sunovis is an affiliate of the Off Market Association. Small businesses who may be interested in the Micro Loans may contact us at: 415-226-1135 or info(at)sunovisfinancial(dot)com.