SMB Compass

SBA 7(a) loans are among SMB Compass's nine financing programs for small and mid-sized businesses. Based in Rye, New York, the company provides business lending across the United States, including business lines of credit, bridge loans, invoice factoring, accounts receivable financing, asset-based lending, equipment financing, government contract funding, and term loans. Its financing supports more than 16 industries, such as construction, manufacturing, transportation, restaurants, medical practices, staffing, and government contracting. Individual transactions range from $25,000 to $10 million, with approval decisions typically made within 24 to 48 hours. Founded in 2017, SMB Compass has facilitated over $250 million in financing for more than 1,250 businesses. Government contract financing can help cover payroll, materials, and operating costs while contractors await payment.