Frequently Asked Questions

Have questions? Here you’ll find the answers most valued by our partners, along with access to step-by-step instructions and support.

What is SBAC Funding?

SBAC Funding provides alternative funding solutions for small businesses. We offer opportunities/options between $5,000K – $3,000,000 based on different qualifying factors and criteria. We’ve created our financial services network with your business goals in mind and will provide the best funding options for you.

Why is obtaining business funding important for my business?

A company typically needs funding to grow, develop and/or maintain its current business operations. If a business does not have adequate funding, it may not be able to sustain its operating needs resulting in decreased profitability, growth, or success. Business funding is generally needed for equipment, supplies, material, employee payroll, marketing, and many other potential operating expenses that a business has to cover to remain open and functioning.

How do I get business funding?

SBAC Funding can help your business obtain funding or working capital from our extensive network of funding companies. Simply fill out our short online application, submit your last 4 months of business bank statements and let us do rest!

How fast can I get a small business loan?

With our quick online application and 4 months of bank statements, you can secure up to $250,000 within a few hours! Funding time can be affected depending on the type of loan and how much you’re looking for, but SBAC Funding can help find the best solution for your small business.

What are the qualifications for a small business loan?

While qualifications differ depending on the lender, SBAC Funding will work closely with you to find the right solution for your business. You can count on us to provide the best options available!

Are there monthly payment options available?

Some lending products are collected daily, weekly, bi-weekly, or monthly. If you’re looking for a specific repayment option, just ask and one of our Funding Advisors will go over all the options available to you.

Is there an interest rate on a business loan with SBAC Funding?

The rates change depending on the different lending products. SBAC Funding offers SBA Loans, Lines of Credit, Revenue-Based Financing, Equipment Financing, Invoice Factoring and more! All these products come with different rates, and they all change constantly. We work with multiple lenders to get you the best deal and get you the most competitive interest rate for whatever you’re looking to accomplish.

Will filling out a prequalification request affect my credit score?

No, the prequalification request is based on a “soft credit pull” which does not negatively impact your credit score. This helps us determine which lenders will approve you. This is done through our lender matching technology and, of course, our team of expert Funding Advisors.

Can I get funding for my business with bad credit?

Yes, we realize owners have life events that come up that may negatively impact their credit score such as divorce, medical expenses, bankruptcy, or past accounting services. This shouldn’t prohibit you from obtaining the capital you need to maintain or grow your business. SBAC Funding will work through any scenario possible to get you funding options in a fast and flexible manner that is customized to meet the needs of your business.

Where does SBAC Funding do business?

We have financing options for small businesses in all 50 states!

The funding process requires time and patience, but SBAC Funding prides itself on helping small businesses achieve their goals through smart long-term planning. As your business grows and becomes more profitable, we can provide you more funding options in the future. Contact SBAC Funding for a FREE strategy call today at 847-600-9660!