Last reviewed by:
Melissa Wylie
July 2, 2018
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National Funding
Founded in 1999, National Funding is one of the country's leading financial technology companies for small and medium-sized businesses, providing working capital loans, equipment financing, merchant cash advances and credit card processing. National Funding has provided more than $1 billion in capital for over 20,000 businesses nationwide. The company believes in American small business owners, and strives to provide fast turnaround, flexible solutions and great service to all of its customers and clients in a diverse range of industries including: automotive, construction, excavation, manufacturing, retail, packaging, printing, restaurant, telecommunications, trucking, and waste management, among others. The company was recognized on the Inc. 500 | 5000 list for the past three years, as well as one of San Diego Business Journal’s Fastest Growing Companies for the past three years.
94%
Amazing communication from our representative. Amazing overall service. Fast approval and even faster funding!
By: Ed
Thank you Alfonso for your honesty and diligence , we will definitely use your services in the future
By: Monica's
I was happy and had funds the next morning very simple to work with this is my 2nd time I have used this company they always do what they say they are going to do
By: John
Alfonso Guzman was so easy to deal with. He was speedy in helping us through the process, but still very thorough and never pushy. He helped us get a much better rate then we were offered by anyone else.
By: Benjamin
I was Happy to work with them, they made it easy to get a loan, Rick who assisted me was pleasant and made the experience seem effortless! I will come back in the future!
By: Joseph
National Funding has provided working capital and equipment financing to small business owners since 1999. The company is based in San Diego and operates online. National Funding has provided more than $2 billion in capital to over 35,000 small businesses nationwide and has loaned the most money to businesses in California, Texas and Florida.
Compare small business loan offers
National Funding provides a variety of short-term financing options with quick turnaround time. Here’s a snapshot of National Funding’s products.
Small business loan
Equipment financing
Merchant cash advance
| National Funding: At a glance | |||||
| Loan product | Loan amount | Loan term | APR range/ factor rate | Fees | Time to funding |
| Small business loan | $5,000 to $1,000,000 | 3 months to 5 years | Not provided by the lender | Not provided by the lender | 24 hours to 7 days |
| Equipment financing | Up to $150,000 | Not provided by the lender | Not provided by the lender | Not provided by the lender | 24 hours to 7 days |
| Merchant cash advance | Up to $250,000 | Not provided by the lender | Not provided by the lender | Not provided by the lender | As soon as 24 hours |
Rates current as of 6/20/2018
| Loan product | Annual revenue | Min. business credit score or personal credit score | Time in business |
| Small business loan | $100,000 in annual gross sales | Not provided by the lender | 1 year |
| Equipment financing | Not provided by the lender | FICO score of 620 or higher | 6 months |
| Merchant cash advance | $3,000 in monthly credit card transactions | Not provided by the lender | 1 year |
National Funding requires small businesses to be operational for at least six months to qualify for equipment financing and one year for its other products. Based on these restrictions, startup businesses would not be eligible for financing from National Funding.
Applicants can fill out a one-page form online. When you apply, National Funding will ask for your business name, address and tax identification number. National Funding may also ask for your driver’s license, in addition to the following documents:
| Pros | Cons |
| Credit is not a deciding factor. | Rates are not available online. |
| Fast time to funding. | Requirements are unclear. |
| Early payoff discounts available. | Startup businesses are not eligible. |
National Funding offers loans to businesses in a wide range of industries, catering to business owners with equipment needs and those with poor credit. However, equipment financing requires a FICO score of at least 620, so businesses with lower credit may not qualify for that type of funding.
National Funding tailors its product offerings to specific industries, specializing in the following areas:
National Funding also customizes its offerings for women-owned, minority-owned and veteran-owned businesses.
Rates and fees are not readily available online and are likely not disclosed until you go through the application process. The lack of information could make it difficult to compare National Funding to other lenders when shopping for a specific product. You should call a loan specialist at the toll-free number 1-888-733-2383, to find out what you qualify for.
National Funding offers several business financing options without strict credit requirements or industry limitations. National Funding’s simple application and short time to funding is similar to other online lenders. However, National Funding’s website is a bit more difficult to navigate compared to similar lenders, and loan details are not accessible. National Funding also does not list executives or founding members on its site, as many other lenders do. Although the lender does not share many details online, National Funding’s nearly 20 years in operation indicates effective business practices.