Short answer
SBG Funding is one of the better rated business lenders in this directory, and the honest verdict has to start there. It carries a BBB A rating with accreditation, only four complaints in three years, and a 4.9 rating across more than 3,800 Trustpilot reviews. It is not primarily a merchant cash advance company: it quotes monthly interest rates from 1.25%, offers SBA 7(a) and equipment financing, and states it charges no prepayment penalties. The documented caution is not about its lending. It is about how aggressively it markets, including a complaint describing months of unwanted contact and repeated DocuSign signature links sent to someone who had never requested funding.
This page summarizes what the public record shows as of August 13, 2026: BBB complaint records, published review platform ratings, and the company's own disclosed terms. Where SBG Funding scores well, we say so.
What SBG Funding actually sells
SBG Funding is a New York based business lender whose published product line is broader than most funders reviewed on this site. Its own website lists:
Term loans and lines of credit.
Headline rates advertised from 1.25% per month, with funding advertised up to 10 million dollars.
Bridge capital.
Terms of 6 to 24 months revolving, rates from 1% per month, credit lines up to 750,000 dollars, with line increase eligibility every 60 days.
SBA 7(a).
Terms of 6 months to 7 years, rates from 1.75% per month, up to 10 million dollars, with bi-weekly or monthly payments.
Equipment financing.
Terms of 1 to 10 years, rates from 1.75% per month, up to 100% of equipment value.
Invoice financing and a HELOC product.
Listed in its financing menu.
Stated minimums.
250,000 dollars annual revenue, 6 months in business, FICO 500 or above, and 4 recent business bank statements. No hard credit pull during approval.
Two structural points matter for anyone comparing offers. First, these are quoted as monthly interest rates with no prepayment penalty, not factor rates, which means paying early reduces what you owe. Second, the fine print on SBG Funding's own homepage authorizes contact by two separate legal entities: Mission Capital LLC doing business as SBG Funding, and SBG Funding LLC. Know which entity appears on your agreement.
One important limitation on the advertised numbers: SBG Funding's own page meta describes funding up to 5 million dollars while the page body advertises up to 10 million, and its disclaimer states rates vary by state and lender criteria. Advertised starting rates are a best case. The number that matters is the total dollar cost on the offer in front of you.
What the complaint record shows
Four BBB complaints over three years is a low count for a lender of this size, and every one was answered or resolved. The content is more useful than the count.
June 2025: months of unwanted contact and repeated DocuSign links
A complainant identifying as a practicing physician reported being texted and emailed relentlessly for months despite multiple requests to stop, receiving repeated offers of business funding that had never been requested, and being sent repeated DocuSign links which the complainant described as attempts to lure a signature onto a funding commitment. The complainant reported also complaining to DocuSign about the practice.
The outcome was a response from SBG Funding within five days apologizing, stating the contact details had been permanently removed from all systems including third party outreach lists, and inviting direct contact if anything further arrived. The complaint is marked Answered.
January 2026: an application in someone else's name, and no answer
A complainant reported that someone had apparently attempted to obtain a loan under their name, and that repeated phone calls, voicemails and emails to the company went unanswered while they tried to confirm no loan was being processed. The complainant described it as an emergency situation.
The outcome is recorded as Resolved, meaning the complainant later verified the issue was settled to their satisfaction.
January 2025: a complaint naming two companies
A complainant alleged deceptive practices, misrepresentation and mishandling of personal and financial information, naming both SBG Funding and Expansion Capital Group, and described confusion over revised offers after declining the original terms.
The outcome was recorded as Resolved the following day, with the complainant confirming to the BBB that the response was satisfactory. Expansion Capital Group is a separate company, a Sioux Falls based provider of revenue based financing and merchant cash advances that operates a broker and ISO partner program. We found no public source establishing a formal relationship between the two companies, and we are not asserting one. We note only that a customer experienced them together.
The practical takeaway is that the pattern worth watching here is outbound marketing, not lending conduct. Unsolicited signature links are the mechanism by which business owners end up committed to financing they did not go looking for. If you receive a DocuSign from any funder you did not approach, do not open and sign it to find out what it says.
The counterweight
It would be dishonest to present the above without its context, so here it is plainly. SBG Funding holds a 4.9 rating from more than 3,800 Trustpilot reviews and a 4.9 from more than 1,200 Google reviews. That is not a thin or manufactured looking record; it is one of the strongest review positions of any company in this directory. It is BBB accredited with an A rating, has drawn only four complaints in three years, and responded substantively to each. It has appeared on the Inc. 5000 and holds a Great Place to Work certification.
What the record does not give you is any regulatory enforcement action, any pattern of collection litigation, or any evidence of the confession of judgment and daily debit practices that characterize the merchant cash advance funders reviewed elsewhere on this site. On the evidence available, SBG Funding is a conventional business lender with an aggressive sales operation, and those are two different things.
What to check in your own paperwork
Which entity is on the agreement.
Mission Capital LLC dba SBG Funding, or SBG Funding LLC.
Interest rate or factor rate.
A stated rate with a maturity date is a loan. A total payback with no rate is an advance, whatever it is called.
Payment frequency.
Monthly and bi-weekly are lender terms. Daily debits are advance terms.
Total dollar cost.
Get one number for the full term, including any fees, and compare it against every other offer you hold.
Prepayment.
Confirm in writing that early payoff reduces the cost, since the company advertises no prepayment penalties.
Personal guarantee.
Whether one is required and whether it survives the business closing.
Frequently asked questions
Is SBG Funding legit?
Yes. SBG Funding is a BBB accredited business with an A rating and 4 complaints on file over three years, all of which were answered or resolved. It holds a 4.9 rating from more than 3,800 Trustpilot reviews and a 4.9 from more than 1,200 Google reviews, which is among the strongest public review records of any funder in this directory. It is based in New York and has appeared on the Inc. 5000. The fine print on its own website discloses two legal entities: Mission Capital LLC doing business as SBG Funding, and SBG Funding LLC.
Is SBG Funding a merchant cash advance company?
Not primarily. SBG Funding markets term loans, business lines of credit, equipment financing, bridge capital, invoice financing, SBA 7(a) loans and a HELOC product. It quotes monthly interest rates rather than factor rates, starting at 1.25% per month for its headline product, 1% per month for bridge capital and 1.75% per month for SBA 7(a) and equipment financing, and states there are no prepayment penalties. That is a lender structure, not an advance structure. Business owners should still read what they are actually signing, because product names in this industry are not standardized.
What do SBG Funding complaints say?
There are four BBB complaints over three years. The most detailed, filed in June 2025 by a practicing physician, describes months of texts and emails after repeated requests to stop, including repeated DocuSign links attempting to secure a signature on funding the complainant had never requested. SBG responded within five days, apologized, and removed the contact from all systems including third party outreach lists. A January 2026 complaint describes someone apparently applying for a loan in the complainant's name, with no response to calls, voicemails or emails. A January 2025 complaint alleged deceptive practices and misrepresentation, naming both SBG Funding and Expansion Capital Group, and was later marked resolved to the customer's satisfaction.
What are SBG Funding's rates and requirements?
SBG Funding advertises rates starting at 1.25% per month, funding up to 10 million dollars, and decisions in under 24 hours. Its stated minimum qualifications are 250,000 dollars in annual revenue, six months in business, a FICO score of 500 or above, and four recent business bank statements. The company states it does not perform a hard credit pull during approval. Advertised starting rates are the best case, not the offer you will receive, and its own materials note rates vary by state and lender criteria.
Can an SBG Funding balance be settled?
It depends entirely on what you actually signed. If your agreement is a term loan or line of credit with a stated interest rate and maturity date, it is a loan, and the levers differ from merchant cash advance settlement. If what you signed is structured as a purchase of future receivables with daily or weekly debits, it functions as an advance regardless of the product name. Send us the agreement and we will tell you which one you have before recommending anything.
Is SBG Funding better than a merchant cash advance?
On structure, a fixed monthly interest rate with no prepayment penalty is materially better for a business owner than a factor rate collected by daily debit, because paying early actually saves money and the payment does not scale with your deposits. Whether SBG Funding is the right lender for you is a separate question that depends on your approval terms. Compare the total dollar cost across every offer you hold, not the advertised starting rate.
If the payments are the problem
If you are struggling with business debt, the first question is what you actually signed, because a term loan and a merchant cash advance are resolved very differently. Most business owners who reach us are carrying several obligations at once, and the daily debit products are almost always the sharper problem. Send us the agreements and we will tell you what you are holding, in writing, before recommending anything.
