| Takeaway | Details |
|---|---|
| 💼 What SBG Funding Is | An alternative online lender offering term loans, lines of credit, equipment financing, invoice financing, bridge capital, and SBA loans. |
| ⚡ Funding Speed | Fast approvals within 24–48 hours, with same-day funding available for specific products. |
| 📊 Loan Amounts | Ranges from $10,000 up to $10 million, depending on loan type. |
| 📑 Qualifications | Minimum credit score of 600 for most loans, at least 6 months in business, and annual revenue requirements from $180k–$350k. |
| ⭐ Customer Service | Customers consistently praise SBG for exceptional service and responsive representatives. |
| 📉 Costs | SBG Funding’s interest rates are shown as monthly or weekly percentages, which can translate to higher APRs than traditional banks. |
| 🔒 Collateral & Guarantees | Some loans are unsecured, while others (equipment, bridge capital, invoice financing) require collateral or a personal guarantee. |
| 👍 Pros | Fast funding, flexible financing options, no prepayment penalties, and works with lower credit scores (600+). |
| 👎 Cons | Higher costs than banks, relatively high minimum revenue requirements, and loan terms can be hard to compare with other lenders. |
| 🏆 UCS Rating | 3.9 out of 5 — substantial product variety and speed, but revenue requirements and rate transparency hold it back. |
Running a successful small business comes with challenges, and one of the biggest is maintaining consistent access to capital. Whether it’s covering payroll, purchasing equipment, or managing seasonal dips, small business owners often need extra funding to keep operations running smoothly. While banks have traditionally been the go-to source for business loans, strict qualifications and long approval timelines have left many entrepreneurs searching for faster, more flexible solutions.
That’s where alternative business financing companies like SBG Funding come in. Founded to bridge the gap between traditional banks and the funding needs of small businesses, SBG Funding offers a wide range of financing options designed to help companies secure working capital quickly. But with so many online lenders and funding platforms available, it’s crucial to research thoroughly before committing. Each lender has its own eligibility standards, loan terms, and repayment structures — and choosing the wrong one can add unnecessary strain to your financial performance.
In this review, we’ll help you decide if SBG Funding is the right financing option for your needs by examining how it works, the available options, the pros and cons, and the application process. Specifically, we’ll answer these questions and more:
SBG Funding is an alternative online lender providing various financing options for small and medium-sized businesses. Headquartered in New York, the company was founded in 2017 to provide faster access to capital than traditional banks. Since then, it has become a recognized name among small business lenders, funding thousands of companies across multiple industries.
SBG Funding offers a variety of business loan types, including term loans, lines of credit, equipment financing, and invoice financing. Its loan products are designed for businesses that may not qualify for bank loans but have consistent revenue and a need for flexible funding solutions. With loan amounts ranging from $10,000 to $10 million, depending on the type of loan, the company has positioned itself as a versatile option for both small businesses and mid-sized companies with larger capital needs.
Unlike many online lenders that act solely as marketplaces, SBG Funding is a hybrid lender. For core products such as short-term loans, business lines of credit, bridge capital, equipment financing, and invoice financing, SBG acts as a direct lender. This means they underwrite, approve, and service the loan in-house. However, when it comes to Small Business Administration (SBA) loans, SBG functions as a facilitator, helping businesses prepare applications and connecting them with SBA-approved banks and credit unions.
This combination of in-house and brokered funding allows SBG Funding to meet a wide variety of funding needs, from short-term cash flow support to long-term business expansion and growth financing.
The small business funding process with SBG is designed to be quick and accessible. Business owners complete an online application, upload supporting financial documentation such as business bank statements, and work with an SBG Funding representative who guides them through available financing options. Once approved, funds can be deposited within 24 to 48 hours for most products.
SBG Funding customizes loan amounts and repayment terms based on borrowers’ specific needs. The repayment terms for SBG Funding’s loans range from six months to ten years, depending on the loan type. Another advantage is that SBG Funding does not charge any prepayment penalties on its loans. Borrowers can also benefit from same-day business funding options for certain loans after approval.
Here’s a breakdown of the loan products available through SBG Funding:
SBG’s business term loans provide a lump sum of capital that is repaid in fixed installments over time. These loans are designed for business owners who need predictable repayment schedules to fund expansion, inventory purchases, or working capital.
Because SBG can approve loans within 24 to 48 hours after receiving a complete application, term loans are a popular choice for businesses needing capital quickly. Its term loans come with biweekly and monthly payments.
With SBG’s business lines of credit, borrowers gain revolving access to funds. With revolving credit, you can withdraw funds as needed, repay them, and borrow again.
A business line of credit provides flexibility to cover ongoing expenses, seasonal slowdowns, or unexpected costs. SBG Funding offers lines of credit as tailored financing options.
Bridge capital loans are designed to help businesses cover short-term funding gaps — for example, waiting for accounts receivable to clear or bridging the time between securing contracts and receiving payment.
These loans can provide fast liquidity but tend to carry higher costs compared to traditional financing. Some bridge capital loans may also include early payoff discounts.
SBG’s equipment financing program enables businesses to purchase or lease essential machinery and tools, allowing for payments to be spread out over several years. The financed equipment serves as collateral, making this loan type more accessible than unsecured funding for businesses with lower credit scores.
Invoice financing, sometimes called accounts receivable financing, allows businesses to unlock cash tied up in unpaid invoices. SBG Funding advances up to 90% of invoice value, providing working capital while waiting for clients to pay.
Repayment is made once invoices are collected. This option helps smooth cash flow, especially for businesses with long payment cycles.
Through its partnerships, SBG helps businesses access SBA 7(a) loans backed by the Small Business Administration. While the funding speed is much slower compared to SBG’s in-house products, SBA loans offer lower interest rates and longer repayment terms. They are best suited for established businesses looking for larger financing solutions.
Most small business lenders require a combination of revenue, time in business, and credit score thresholds to qualify. SBG Funding is no different, but it provides more flexibility than many banks.
To qualify for a loan from SBG Funding, you must have been in business for at least six months. SBG Funding requires a minimum credit score of 600 to qualify for many of its loans, although some products may accept slightly lower scores.
Here’s a quick look at the eligibility requirements for each loan type:
| Loan Type | Minimum Credit Score | Time in Business | Minimum Annual Revenue | Collateral Requirements |
|---|---|---|---|---|
| Small Business Term Loan | 550+ | 6+ months | $180k | None (unsecured) |
| Business Line of Credit | 550+ | 6+ months | $180k | Undisclosed |
| Bridge Capital | 650+ | 6+ months | $350k | Secured or unsecured |
| Equipment Financing | 600+ | 6+ months | $350k | Financed equipment |
| Invoice Financing | 600+ | 6+ months | $350k | Invoices |
| SBA 7(a) Loan | 600+ | 2+ years | Unlisted – profitable | Standard SBA requirements |
SBG Funding is known for its exceptional customer service and has high ratings on review platforms. Many small business owners highlight their positive experiences with SBG representatives, praising their responsiveness and willingness to walk applicants through financing options.
One of SBG’s strengths is speed — many loan products can be approved in as little as 12–48 hours. Combined with flexible terms, this makes SBG a popular choice for businesses that can’t wait weeks for approval from a traditional bank.
SBG Funding boasts an 85% approval rate on small business loan applications. The company only performs a soft credit pull when you apply, which won’t impact your credit score. Some reviews also mention merchant cash advances through the company.
However, there are some important caveats. The business loan interest rates you see on SBG Funding’s website are often presented as monthly percentages or factor rates rather than standard APR. For example, you may see 1.75% per month for a term loan or 0.25% per week for invoice financing. These monthly or weekly figures can translate into much higher annualized interest rates depending on the loan structure. That’s why it’s essential to request the APR and a complete amortization example before signing.
SBG Funding also sets relatively high annual revenue requirements. Businesses must generate at least $180,000 to $350,000 in revenue, depending on the business loan product. This disqualifies many early-stage startups or small businesses with lower revenue levels. The company’s most advantageous loan options require a higher credit score.
Borrowers should also know that while some business loans are unsecured, many products may require a personal guarantee or collateral. The equipment itself secures equipment financing, and bridge capital loans may require additional collateral.
Finally, documentation requirements are pretty standard but necessary. Applicants should be ready to provide four months of business bank account statements, identification, a voided check, and invoices (if applying for invoice financing).
The SBG Funding website does not mention a business loan affiliate program. ISOs and business loan brokers may need to find a different partner program. However, you can try to contact SBG directly for more information.
SBG Funding provides both in-house financing and brokered solutions. Here’s how they break down:
In-house (SBG underwrites and funds itself):
These products are underwritten directly by SBG. They decide the credit terms, disburse the loan, and collect repayments.
Brokered or Partner-Based (SBG acts as a facilitator):
For these loans, SBG assists in preparing the application, but partner banks or specialized commercial finance companies provide the actual funding.
Here’s a quick checklist of what to ask for and do if you receive a loan offer from SBG Funding:
Applying for an SBG Funding business loan is straightforward. The process begins with an online small business loan application and is followed by a hands-on consultation with a loan specialist who helps match your business with the right loan product.
Business owners start by filling out a short online form on SBG Funding’s website, which includes basic information such as business name, time in operation, annual revenue, and desired loan amount.
Applicants must upload supporting financial documents, including business bank statements, financial statements, and identification. For specific products, such as equipment financing or invoice financing, additional paperwork, including invoices or vendor quotes, may be required.
An SBG Funding representative contacts the applicant to review available financing options. This step is more consultative than that of many online lenders, as SBG’s representatives guide borrowers toward tailored financing solutions based on their cash flow and business goals.
Once documentation is complete, SBG underwrites the loan. SBG Funding can approve loans within 24 to 48 hours after receiving a completed application.
After approval, funds are typically deposited into the borrower’s account as soon as the next business day. SBG Funding offers same-day funding options for certain loans after approval.
After funding, repayment begins according to the agreed-upon schedule. Depending on the loan product, repayment may be structured as daily, weekly, biweekly, or monthly payments. The repayment structure has a significant impact on the total interest paid over the course of the loan. Automatic ACH transfers are the most common repayment method, helping ensure on-time payments and avoiding potential defaults.
SBG Funding does not charge prepayment penalties on its loans. Some loan types, such as bridge capital, may even offer early payoff discounts, allowing businesses to save on the interest they pay. Renewal options are also available for borrowers in good standing, which can extend repayment terms or increase business loan funding amounts.
One of the most significant advantages of SBG Funding is flexibility. Loan products are tailored to different business needs, whether you need quick cash flow support or long-term growth financing. Borrowers with less-than-perfect credit may still qualify for business loans at SBG Funding, with options available for scores as low as 600.
Another significant benefit is speed – the company offers fast business loans. Many loans can be approved and funded within 24 to 48 hours, far quicker than traditional bank loans. The company also has a reputation for exceptional customer service, with customers consistently praising SBG’s representatives for their responsiveness and guidance.
The biggest drawback of SBG Funding is cost. SBG Funding’s interest rates are typically higher than those from traditional banks, primarily when rates are expressed in monthly or weekly terms rather than annual APR. In addition, SBG requires relatively high minimum annual revenue levels for many of its products.
Businesses generating less than $180,000 per year may not qualify. Some loans may also require a personal guarantee or collateral, which increases the risk for business owners.
Pros:
Cons:
Yes, SBG Funding is a legitimate business lender. The company is accredited by the Better Business Bureau (BBB) with an A rating and has established a strong reputation among small business owners. It has funded thousands of businesses and maintains an active presence in the business financing market.
SBG Funding has received strong customer feedback across multiple review platforms. It holds a 4.9 out of 5 rating on over 1,200 Google reviews and a 4.9 rating on over 3,800 Trustpilot reviews. Customers consistently praise the company’s speed, transparency, and exceptional customer service.
Positive reviews often highlight the responsiveness of SBG Funding representatives, the ease of the application process, and the flexibility of loan products. Many borrowers note that funding was delivered faster than expected and that their SBG Funding representative provided valuable guidance throughout the process.
Negative reviews are far less common but worth noting. Some SBG Funding customers have reported inconsistent communication and different answers from representatives. Others have raised concerns about loan costs, with some reviewers describing SBG Funding’s loan terms as potentially predatory due to high costs.
Like other small business lenders, SBG Funding may deny applications for several reasons. Common causes include insufficient annual revenue, a low credit score, a lack of required documentation, or excessive existing debt. Businesses that fall short of the minimum revenue requirement of $180,000 to $350,000 may not qualify.
Other reasons for denial include recent bankruptcies, outstanding liens, or inconsistencies in business financial statements. If SBG denies your application, the company may recommend alternative funding solutions, such as inventory financing, or suggest steps to strengthen your credit profile before reapplying.
Fortunately, small business owners have many lender options to consider if SBG Funding isn’t the right fit. Many small business lenders offer similar products and flexible financing options with lower credit requirements than traditional lenders. Small business loan marketplaces (like UCS) allow you to apply to many lenders to secure funding.
You may be interested in one of the following small business loans:
SBG Funding is a credible, well-reviewed alternative lender with clear strengths in flexible terms, a broad product set, and fast execution. It’s a good fit for businesses that need quick funding and flexible repayment schedules, and have consistent revenue above the lender’s minimum requirements. It also works well for borrowers who value a consultative account representative and may not qualify for bank loans due to credit or documentation issues, but have a meaningful level of revenue.
However, SBG is less suitable for startups operating below the revenue threshold or for businesses where securing the lowest possible APR is the primary objective. In those cases, a traditional bank or direct Small Business Administration loan might be a better fit.
SBG Funding is a practical partner for many fast-growing small businesses that have solid revenue but may not meet bank underwriting requirements. However, do not sign anything until you have APR and a complete cost worksheet, since monthly rates alone can be misleading.
Based on the available information, we rate SBG Funding 3.9 out of 5. It offers fast funding and a diverse range of products, but the revenue requirements and potentially misleading interest rate information hold it back.
Disclaimer: The SBG Funding trademark is owned by Mission Capital LLC, and its use herein is for reference purposes only, and it does not indicate sponsorship or endorsement from Mission Capital LLC.
