What happens when your extra staff cancels at the last minute? For many businesses, surprises like these can turn a promising sales day into chaos. But what if you had the resources to handle the unexpected without stress? This is where having access to extra funding becomes a game changer. It allows you to hire last-minute help without dipping into your existing operating budget. Further ensuring you're ready to seize every opportunity you get during the busy season like expanding offerings, or managing unforeseen challenges. Funding will give you the flexibility to act fast and confidently. #businessgrowth #sbgfunding
SBG Funding
Financial Services
New York, NY 5,415 followers
Providing fast, flexible, and affordable funding solutions tailored to the unique needs of the businesses we serve.
About us
SBG Funding offers a variety of working capital and commercial loan products to serve all business growth needs. Our mission is to provide easy access to affordable financing, while providing excellent customer service and 24/7 support. In addition to Business Lines of Credit, Equipment Financing, and Working Capital Loans, SBG Specializes in a new product called a Hybrid Term Loan. Bridging the gap between a high rate cash advance and bank or SBA loan, our Hybrid Term loan combines the fast and seamless process of an MCA with the longer terms, lower rates, and true no prepayment penalty comparable to more traditional financing options.
- Website
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http://SBGFunding.com
External link for SBG Funding
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- New York, NY
- Type
- Privately Held
- Founded
- 2017
Locations
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Primary
New York, NY 10018, US
Employees at SBG Funding
Updates
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In this edition of Small Business Spotlight, meet Vanessa Duman, a french designer and the founder of @frenchyorkboutique ✨️ Her pro tip for business owners is simple yet powerful - Have staff and team members you can really trust during the busy season to give your customers an interpersonal experience where they feel connected and appreciated 🙌💯 To make the most of the holiday season, she has setup booths in not just one but three holiday markets - Bryant Park, Herald Square, and Union Square 🔥 #smallbusinessgrowth #fyp #sbgfunding #businesshack #trending #smallbusinesssuccess
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We know this is the busiest time of the year and that only means one thing for a business owner - you have to be present anywhere and everywhere at all times. However, that is not always possible and you can move forward and be at ease if you do the following: 1. Make a list of the tasks that need to be done every single day 2. Use the 80/ 20 rule and do 20% of the tasks that will give you 80% of the results. For example, preparing for a quick sales promotion could lead to getting extra orders 3. DELEGATE: This is the most important activity that will allow your team to feel a sense of accomplishment while at the same time you can focus on other priority decisions Share your tips if you are managing a small business this winter #sbgfunding #smallbusinessgrowth #sbg
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When you're the sole owner of a small business, it's easy to feel pressure to deliver everything to everyone, however, going beyond your capacity to fulfill promises can lead to disappointed customers. Here's what you can do to stay on track: 1. Double-check inventory and pause sales if you are running low on stock or staff for executing certain services. 2. Simplify where you can and opt for standardized practices versus customizations to keep things moving fast. 3. Communicate everything clearly and be as transparent as possible with your customers. 4. Have a backup plan and be prepared to secure additional funds if there's a demand surge. The extra cash flow will allow you to restock and serve customers at the right time. Share your go-to move when things get hectic for your business in the comments! #sbgfunding #businessgrowth
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What happens when you create the fear of missing out on the best deal of the season? You increase your chances of getting more customers. If you're a small business owner struggling to get those sales numbers going in the right direction, this hack is definitely worth trying. In the post-covid industry with immense competition from other businesses selling extremely similar products/ services, it can be overwhelming to find strategies that can help you differentiate. However, if you're willing to offer better deals, chances are that your business will attract more customers not just now but in the future as well. Try this strategy and come back to share if it worked for you in the comments or share with us if this is something that has worked for you in the past. #smallbusinessgrowth #smallbusinessstrategy #sbgfunding
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Here's why securing a term-loan could prove to be beneficial during the holiday season: ⚡️Use the funds to expand your space temporarily and then consider permanent expansion in the future based on the response you get ⚡️Make the right investments and avoid running out of products which could be bundled for creating offers such as a 'frequently bought together discount' ⚡️We also give you pre-payment discounts if you decide to pay off your business term loan earlier! #termloan #sbgfunding
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It's the perfect time to turn your best-selling product or service into the star of your business. Holiday Hack #3: Take that top-performing item or offering and place it front and center. It's time to leverage every marketing opportunity you can to promote it. Use social media to create buzz, reach out to your customers through word-of-mouth, and consider offering additional discounts or promotions on their next purchase. By doing this, not only will you drive immediate sales, but you'll also create excitement and anticipation around your business. Customers love feeling like they’re getting a special deal, and showing them that there’s always something exciting coming next will keep them coming back for more. Make this holiday season a time of growth and connection with your customers. #smallbusinessgrowth #smallbusinesssuccess #holidayseasonhack
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Seasonal success starts with smart planning. Here's 5 things you can do to handle holiday expenses for your business this season: 1. Analyze past data to avoid overstocking or understocking inventory 2. Focus on high ROI activities such as social and digital marketing instead of distributing flyers 3. Run early-bird promos and flash sales or promote bundled offers 4. Collaborate with partners and other businesses to share and exchange resources 5. Track expenses now to maximize year-end write offs (More tips on this coming soon!) Share your tips in the comments if you run a business. Use the funding calculator on our website if you wish to have cash flow felxibility this season! #smallbizsuccess #sbgfunding
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Sol Sanchez, owner of Lui & Lui NYC, a small fashion boutique is on a mission to bring the vibrant art of Latin America to New York! Her pro business hack is to use additional funds during busy seasons such as the holidays to stock up on inventory and add new business locations to create brand awareness and find new customers. Her enthusiasm and energy is unmatched and she ensures all her customers shop for something they will cherish forever. Find her business at the Herald Square and Union Square holiday markets this season. #smallbusinesspotlight #smallbusinessupport #smallbusinessowner
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The holidays aren’t about doing everything perfectly, they’re about doing the right things for your business. Even small, intentional steps can set you up for a strong finish to the year. 💫Step 1: Take 15 minutes to figure out your priorities. Once you know your goal, everything else gets easier. It would be a good idea to make a list in order of preference with the most important goal listed out first. 💫Step 2: Spend just 20 minutes a day checking in on the key parts of your business. Now based on your list, ask yourself: Are my sales efforts on track? Do I have a plan for customer engagement? These little daily check-ins can make a big difference. 💫Step 3: Align your actions with your goals. If inventory is piling up and was one of your goals, consider flash sales or bundle deals to move it quickly. If it’s all about building relationships, maybe send out personalized thank-you notes or create a loyalty rewards program. The best gift you can give yourselves as business owner is clarity and intention. Share your advice in the comments to help other businesses make the most of the holiday season. Stay tuned for more tips and hacks to make the most of this season for your business in our '12 Days of Holiday Hacks Series'. #smallbusinessgrowth #holidayseason #sbgfunding