SBG Funding Review — Editorial Assessment
Multi-product lender offering term loans, MCAs, equipment financing, and lines of credit. 600 FICO, 6-month TIB, funding $10K–$5M, term-loan APRs from 9%, MCA factors from 1.15. Established 2017.
SBG Funding distinguishes itself in the broker-channel lender space by offering true multi-product capability rather than MCA-with-term-loan-add-on. Founded 2017, the platform underwrites term loans up to $5M, MCAs to $1M, equipment loans, and lines of credit through a single application. The 8.2 score reflects genuine product diversification, competitive A-paper term-loan APRs, and 24-48 hour funding cycles.
01Why SBG Funding scores 8.2
SBG Funding distinguishes itself in the broker-channel lender space by offering true multi-product capability rather than MCA-with-term-loan-add-on. Founded 2017, the platform underwrites term loans up to $5M, MCAs to $1M, equipment loans, and lines of credit through a single application. The 8.2 score reflects genuine product diversification, competitive A-paper term-loan APRs, and 24-48 hour funding cycles.
02What SBG Funding does exceptionally well
True multi-product capability
Term loans, MCAs, equipment financing, LOCs — not MCA bolt-ons. Real underwriting on each product.
Up to $5M term loan capacity
One of the higher term-loan ceilings in the broker channel.
A-paper APR pricing from 9%
Genuinely competitive term-loan pricing for established borrowers (700+ FICO, 24+ months TIB).
600 FICO accessibility
B-paper accessibility on term-loan products — most term lenders require 650+ minimum.
03Where SBG Funding falls short
Pricing varies widely by product
9% APR on best-case term loans vs. 1.49 factor on D-paper MCAs. Wide spread requires careful product selection.
6-month TIB on term loans aggressive
12+ month TIB usually required at this capital scale; SBG's 6-month accessibility signals tighter underwriting on shorter-tenure files.
Newer operator vs. established peers
Founded 2017 — less operational history than 2010-and-earlier competitors.
Origination fees apply
Origination fees on term loans (typically 2.5-5%). Factor in to true cost calculation.
04SBG Funding vs. category peers
SBG Funding occupies a unique position in the broker-channel space, competing more with iBusiness Funding and Credibly than pure-MCA peers. SBG's $5M term-loan ceiling exceeds iBusiness ($500K) and matches Credibly's upper ranges. APR pricing from 9% (best case) tracks iBusiness's 7.5% floor but is materially better than Credibly's 11% term-loan floor. For multi-product needs at scale, SBG is structurally appropriate.
| Dimension | SBG Funding | National Business Capital | National Funding |
|---|---|---|---|
| Editorial score | 8.2 | 8.1 | 8.3 |
| Min FICO | 600 | 600 | 575 |
| Time-in-business | 6 months | 6 months | 6 months |
| Funding range | $10K–$5M | $10K–$10M | $5K–$500K |
| Pricing | 9-45% APR / 1.15-1.49 | 1.18+ / 8-30% APR | 1.18–1.49 |
| Funding speed | 24-48 hours | 24-72 hours | 24-48 hours |
05Who SBG Funding is right for
Strong fit
- Established businesses (6+ months TIB, 600+ FICO) needing $50K-$5M term loans
- Multi-product borrowers wanting term + MCA + equipment in one relationship
- Operators preferring APR-priced term loans over factor-rate MCAs when qualified
Wrong fit
- Sub-600 FICO borrowers — use deeper-paper MCA lenders
- Pure equipment finance needs — Crest Capital or Balboa specialize
- Ultra-fast (same-day) funding requirements
06Frequently asked questions
Is SBG Funding legitimate?
Yes. SBG Funding is an established multi-product lender founded in 2017, headquartered in Long Island, NY.
What FICO score do you need for SBG Funding?
SBG Funding's minimum is 600 FICO across all products. A-paper pricing accessible from 700+.
How fast does SBG Funding fund?
24-48 hours from completed application to deposit on most products.
What are SBG Funding's rates?
Term loans: 9-45% APR. MCAs: 1.15-1.49 factor rate. Lines of credit: APR-priced. Equipment: APR-priced.
How much can SBG Funding fund?
Funding ranges $10K-$5M depending on product. Term loans reach $5M; MCAs cap at $1M; equipment funding to $5M.
Does SBG Funding file UCC-1 liens?
Yes. UCC-1 filed on term loans and MCAs at funding. Equipment loans secured by equipment lien.
How do you settle an SBG advance or loan early?
Term loans typically have prepayment terms in contract. MCAs follow standard early-payoff-discount practice.
Apply to SBG Funding via Elite Funders.
Submit one application. Real offers in 24-72 hours from a competing lender network. Free to apply — no hard credit pull.
Apply to SBG Funding