National Funding Review

National Funding ID Card

Loan typesMulti purpose small business, equipment financing
Loan amountFrom $5,000 to $500,000
Repayment Terms2 - 5 years
Top ProExtremely quick and easy approval process
Top ConCustomer service
Best forSmall Businesses

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National Funding at a Glance  

National Funding is a small business loan and equipment leasing company that is a committed ally to small business owners. This California-based company has roots dating back to 1999 and provides a range of financial services and products to small businesses that aren’t mature enough, or do not have proper credit to get a loan through their bank. National Funding meets their needs quickly, efficiently and at a price they can afford. To date, they’ve funded over $1.5 billion to over 25,000 businesses nationwide.

Efficient Lending Solution for Small Business

Best for Whom?

National Funding has been serving small businesses nationwide since 1999 and has extensive experience in a wide range of industries. They understand the different lending requirements across all 50 states, meaning no matter where you are, National Funding can help your small business with the short-term or long-term financing you need to grow.

To qualify for a National Funding loan, your small business much be at least one year old, with annual gross sales of at least $100,000.

Loan Features  

National Funding offers a variety of funding options for small businesses and is always in the process of adding more programs that can benefit clients. Their customers call upon them to get working capital, merchant cash advances, credit card processing, and, of course equipment leasing.

National Funding approves up to 60% of all small business loans that they receive. Factors that make up their lending decision include the business owners’ credit score, average business bank account balance.

Current funding options:

  • Bad Credit Loans
  • Bridge Loans
  • Business Capital Loans
  • Commercial Business Loans
  • Corporate Loans
  • Short Term Business Loans
  • Working Capital Loans
  • Unsecured Loans

Types of National Funding Solutions

The Application Process

National Funding has been in the lending industry for many years and has become known for their quick and easy application process. After completing an online one page application, National Funding answers any questions you may have, processes the application without any delays and get the financing you need to grow your business as quickly as 24 hours after the application has been submitted. If you compare that to traditional lenders such a big banks, the application process can take as a long as 30 days before the borrower receives any funding.

Apart from your business being at least one year old, with annual gross sales of at least $100,000, you will also need to provide proof of your business’s income for three months. Bank statements are a requirement before National Funding can process your application.

Loan Terms – the Bare Basics

Like most lenders, National Funding’s loans are customized to meet your business’ specific needs so the details around repayment periods and fees are not readily available on their website. This is a common complaint across the board for National Funding customers. To get the borrowing details you need to contact National Funding directly. 

From their website, we were able to obtain the following information on their loan terms:

Borrowing amount:$5K – $500K
Term length:4 – 18 months (MCA)
2 – 5 years (loan)
Flat fee/interest rate:Unknown

Equipment Financing

Apart from small business loans, National Funding also provides equipment leasing. Borrowers can qualify for an equipment lease with a FICO score of 620+ and have been in business for more than six months. To get the process started the borrower simply needs to provide National Funding with a quote from the vendor and approval can happen within 24 hours. 

Competitive and flexible loan rates and terms

Repayment Terms

While interest rates are only one factor to consider when it comes to repaying a loan, you want to make sure the cost of borrowing is manageable. National Funding’s website does not offer a lot of details on their repayment terms. Their lending program offers small businesses to qualify for a loan with a variety of options for payback. What is certain is that whether you get a loan or an advance, you’ll be making fixed daily or weekly payments. Keep in mind that this type of repayment structure may not be suitable for small businesses with irregular cash flow.

The payment schedules can vary anywhere from 4 – 18 months for an MCA and 2 – 5 years for a loan. There are no details surrounding flat fees, interest rates or origination fees, but we do understand that the APR rate they offer is similar to that of a traditional loan from the big banks. They also offer early pay-off discounts as an incentive for borrowers to quickly repay their loan.

How Safe is It? 

National Funding considers customer privacy of the utmost importance. They use the same security standards as large banks so you can rest easy knowing that your personal and non-personal data is secure.

  • The non-personal information they collect in the application process in information that cannot be used to personally identify the borrower.

  • The personal information collected includes only the borrowers name, email address, phone number and business name.
  • National Funding does not sell, trade or rent or otherwise share the borrower’s personal information with third parties without consent.
  • National Funding implements security measures designed to protect the borrower’s information from unauthorized access and from potential security breaches by implementing certain technology security measures such as encryption.

Help & Support

National Funding’s website does not have a lot of supporting documentation for potential borrower’s own research. That being said, getting in contact with their Sales team is painless. The staff are friendly and informative but their policy is to not disclose too much information regarding loan terms. They keep that information close to their chest, unless you’re a paying customer. When researching National Funding on customer review boards, complaints around the lack of, or misleading borrowing information are quite prevalent.

Deep Dive into Pros and Cons

National Funding is not new to the lending game and has been around long enough to have plenty of legitimate customer reviews. While the company has their fair share of negative reviews, we believe the positive outweigh the negative.

Here’s an example of what some of their customers believe:


  • Deceptive: It’s very difficult to do a fair comparison with National Funding to their competitors. Because they guard a lot of their information closely, a shopper has no idea what the cost of borrowing will be until they’ve made the commitment.  
  • Customer Service: Many complaints were customer service-related and included unpleasant encounters with staff as well as difficulties reaching the right person at the right time.
  • Annoying Marketing: Many complaints came from customers who were annoyed at National Funding’s marketing tactics. Some of their tactics come off as unethical and pushy.


  • Reputation: BBB gives National Funding an A+ rating and they have an established customer base.
  • Low Credit: If your credit score isn’t where you would like it to be, that’s ok. The prerequisites for qualifications are low, making it easy for most to qualify.
  • Quick and easy: The application and approval processes are easy and approval can be as quick as 24 hours.

National Funding Empowers Their Customer to Grow


National Funding is one of the older non-traditional lenders out there and are known for their speed. This lender offers the convenience of online applications with the ease of qualifications compared to other more traditional lenders – as quick as 24 hours! That being said, it’s difficult to report on how expensive it is to borrow from National Funding as they don’t divulge a lot of information on their terms online or over the phone. This makes it challenging for potential borrowers to shop around and compare lenders.

Physical Address

9820 Towne Centre Dr #200

San Diego, CA, 92121


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