FAQ's

Having a bad credit score is not a problem for approval. However, your credit score does factor into the types of products you qualify for and the terms of the agreement.

Submitting an application will not affect your credit score. For an approval, we conduct a “soft credit pull,” which has no negative impact on your score.

To qualify for a line of credit with SBG Funding your FICO score must be above 600.

We do not service industries related to adult entertainment and gambling.

You will typically receive funding approval within 12 hours, often on the same day. If you apply after regular business hours, expect a response the following day.

You can choose a same-day wire transfer (additional fees may apply) or expect your funds to be ACH transferred to your business bank account the next business day.

The terms of our financing depend on the product and borrower’s risk profile. Our fixed-term products range from 6 months to 5 years. Our revenue-based products have no set term and repayment is structured to fluctuate with your business’s cash flow.

A business line of credit lets you access funds within your approved limit, offering flexibility in withdrawals.

No, unless you are seeking equipment financing or an SBA Loan. All our financing options are entirely unsecured and do not require collateral.

Our products are designed to work with traditional financing. If your business qualifies, we can offer financing without affecting your existing obligations.

Yes! At SBG Funding, we are fully committed to protecting our customers and their data. We have a state-of-the-art data privacy server and continuously strengthen our practices as new technology evolves.

Yes, we do offer monthly repayment options for qualifying businesses.

For our revenue-based financing products your business bank account will be automatically debited according to the payment amount and payment frequency specified in your agreement. No need to worry about making or missing your payments!

Prepayment penalties vary by product. We offer options with no prepayment penalties, as well as products with prepayment discounts.

You can repay your loan, advance, or line of credit at any time. Depending on your agreement you may be eligible for full interest forgiveness or a discount on your outstanding balance. Review your customer agreement or speak with your account manager for more details on your early repayment options.

On average, our clients are eligible for additional financing once they’ve paid into their loan by 40% to 50%. In certain cases, you may be eligible for additional financing sooner. Contact your Relationship manager or call 844-284-2725 for more information on securing additional funding.