Competitive financing open to business with bad credit or in high-risk industries.
- Best for businesses of all credit types looking for competitive rates.
- Pick something else if you want to avoid weekly repayments that come with shorter terms.
$5,000
Min. Amount
$5,000,000
Max. Amount
Details
Product Name | SBG Funding |
---|---|
Min. Amount | $5,000 |
Max. Amount | $5,000,000 |
Loan Term | 6 months to 5 years |
Min. Credit Score | 500 |
APR | 5% to 35% |
Requirements | 6+ months in business, 500+ credit score, $150,000+ in annual revenue |
- At least six months in business
- Minimum 500 personal credit score
- At least $150,000 in annual revenue
First, do I qualify?
You must meet the following requirements at a minimum to qualify for a loan from SBG Funding:
- At least six months in business
- Minimum 500 personal credit score
- At least $150,000 in annual revenue
Your business may have to meet additional requirements, depending on your application. SBG funding generally works with all industries.
What makes SBG Funding small business loans unique?
SBG Funding small business loans offer a wide range of loan amounts and terms at competitive rates with relatively lax requirements. You only have to be in business at least six month to qualify, and you don’t need to have good — or even fair — personal credit. It also works with most industries.
Pros
- Rates from 5% to 35% APR
- Loans from $5,000 to $5 million
- Bad credit and high-risk industries OK
Cons
- Potential weekly repayments
- Not as fast as some other online lenders
- Doesn’t disclose fees