SBG Funding Business Loans Review
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Pros and cons of
Pros
- Funding as soon as same day
- Funds business owners with fair credit
- Short time-in-business requirement for non-SBA loans
- No hard credit checks
- No prepayment penalties
Cons
- Higher annual revenue requirements
- Lists monthly or weekly rates rather than an annual rate, making it more difficult to compare costs
- Collateral is required for equipment and SBA loans
small business loans review
is an online lender that provides a range of small business financing options to help you tackle business needs, such as marketing, inventory, expansions or seasonal dips in revenue.
Since your company only needs to have been in operation for six months to qualify for most products, it can be a great choice for those needing startup financing. That said, requires a minimum annual revenue of to , depending on the loan product — which is relatively steep compared to other startup lenders.
If you need a fast business loan, typically makes funding decisions within 12 hours, with funds hitting your bank account as soon as the same or next business day. While the advertised starting rates look attractive, be aware that these are interest rates, not annual percentage rates (APR), and some are monthly or even weekly rates. This can be misleading and makes it more difficult to compare costs against other lenders. Be sure to crunch the numbers before signing on the dotted line to see if your business can afford the estimated payments.
The good news is that doesn’t charge any prepayment penalties if you repay your debt early. In fact, you may be eligible for a prepayment discount with its bridge capital loan.
Additionally, has excellent customer reviews on TrustPilot and an A rating by the Better Business Bureau, with customers reporting that individual lenders went above and beyond to help them secure financing.
- Startups with high revenue. If your company has been running for at least six months with a robust cash flow, could help cover unexpected or ongoing startup expenses.
- Small businesses with fair or better credit. accepts credit scores as low as to , depending on the product, although having a higher credit score will likely unlock more competitive rates and terms.
- Companies that need fast access to large loan amounts. You can typically receive funding within 24 hours of approval, with maximum loan amounts ranging from to .
small business financing at a glance
Here’s how the terms break down for SBG’s financing options.
Keep in mind that some of SBG’s advertised rates are monthly or weekly rates. That means that the interest percentage shown is charged each month or week, making it considerably higher than an APR with the same number.
| Product | Loan amounts | Repayment term | Starting monthly interest | Payment options
This refers to how often you’ll need to make payments on the loan
|
|---|---|---|---|---|
| Term loans | months | Not disclosed | Payment frequency can vary, but automatic payments are required | |
| Lines of credit | months (revolving) | Not disclosed | Weekly or monthly | |
| Home equity line of credit (HELOC) | Up to | Not disclosed | Interest-only payment options are available during the draw period | |
| Equipment financing | Up to 100% of equipment value | months | per month | Automatic monthly payments |
| Invoice financing | Up to 90% of eligible receivables | per week | Weekly or monthly | |
| SBA 7(a) | Up to | months |
Based on the current prime rate of plus 2.5% added by
| Monthly |
Term loans
months. With a term loan, you receive the full amount in one lump sum and then make fixed payments on both the principal balance and regular interest.
SBG doesn’t disclose its starting rate for this product, nor does it specify its required payment frequency, but it does state that automatic payments will be required.
In addition, the lender doesn’t outline whether it charges additional fees, such as origination fees or late payment penalties. Be sure to ask about these details if you decide to apply for funding.
Lines of credit
If you need ongoing access to funds, months. The lender doesn’t disclose its starting rates for this product, but weekly or monthly payments are required.
Home equity lines of credit (HELOCs)
When used as a business product, home equity lines of credit function similarly to a business line of credit, where you can draw funds as needed. The big difference between a HELOC and a business line of credit is that your home acts as collateral for the HELOC, meaning that the lender can repossess your home if you fail to keep up with your payments.
’s HELOC offers up to in funding with flexible repayment options, including interest-only payments during the draw period.
Equipment financing
If you need to replace, upgrade or purchase new equipment for your business, can seize the equipment and potentially sue your business for any remaining balance.
Invoice financing
Invoice financing, also called accounts receivable financing, involves using your business’s unpaid invoices as collateral to secure financing. allows you to pick specific invoices to qualify for financing, giving you more time to focus on your business while you wait to get paid.
You can receive up to 90% of the invoice’s face value, with interest starting at a week and no specified repayment terms.
SBA 7(a) loans
also provides SBA 7(a) loans up to with interest starting at
Since the Small Business Administration (SBA) guarantees a portion of this financing, SBA loans typically come with capped interest rates, longer repayment terms and local assistance from SBA resource partners.
Note that has stricter eligibility criteria for its SBA 7(a) loans compared to its other products, requiring two or more years in business and a slightly higher credit score. Startups and low-credit borrowers may want to consider other options.
borrower requirements
’s business loan requirements vary by loan product. Here’s what you need to know:
| Minimum annual revenue |
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| Minimum time in business |
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| Minimum credit score |
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Alternatives to
| Minimum credit score |
| Not disclosed |
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| Loan products offered |
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| Min. time to funding | Same day | Not disclosed |
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| Starting rates |
| Not disclosed |
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| Maximum loan size | |||
| Minimum annual revenue |
| Not disclosed |
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vs.
is another online lender offering large loan amounts with long repayment terms. While offers only three small business products compared to ’s six options, you can borrow up to in funding from .
As an SBA Preferred Lender, can often deliver funds more quickly than standard SBA lenders. In addition, was ranked the No. 3 SBA lender by funding amount in 2025. Meanwhile, has limited information about its SBA loans, such as how many loans are approved each year, average funding amounts and typical turnaround times.
It’s difficult to compare rates and eligibility criteria between the two lenders since doesn’t disclose any of this information in advance. You can apply to both and see which lender offers the better deal.
vs.
If you want access to a wider range of financing options, provides more types of loans than . also has more lenient eligibility criteria, making it an ideal option for low-revenue startups and borrowers with limited or poor credit.
Although ’s business loan rates appear lower at first glance than , it’s hard to know which lender will offer the best overall rate since doesn’t list its upper ranges. In addition, some of ’s products are listed as factor rates instead of interest or APR, making it like comparing apples to oranges. You’ll need to compare the total cost of borrowing to gauge which one offers a better deal.
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