Why choose National Funding for a small business loan?
Here are the top reasons thousands of small business owners have trusted us with their financing needs: · Customized loan amounts from $6,000 up to $500,000¹ · Fast funding in as little as 24 hours² · Early payoff discounts⁴ · No impact on credit score³ · Flexibility to use your funds for virtually any business purpose
How do I qualify for a small business loan?
To be eligible for a small business loan, you generally need to meet your lender’s minimum credit score requirement, provide up-to-date financial statements that show your business’s profitability, and provide collateral to secure the loan. At National Funding, you’ll partner with dedicated finance experts who will work with you to understand your situation and create a customized solution that meets your needs.
What can a small business loan be used for?
A small business loan from National Funding can be used for virtually any business purpose, including but not limited to the following: • Working capital for covering daily operational expenses • Equipment purchases or repairs to keep operations running smoothly • Inventory purchases or personnel hiring to meet increased demand • Real estate acquisition to move or expand to a new location • Marketing to meet your customer base where they are or to reach new clients • Debt consolidation to simplify your business’s debt load with a new solution designed for your current needs At National Funding, we’ve worked with business owners in every industry. You can count on us to provide a financial solution that sets you up for success.
How long does the loan approval process take?
While traditional bank loans and SBA loans typically require an extensive review period and longer approval times (i.e., weeks to months), National Funding can approve your application and provide you with the funds you need in as fast as 24 hours.²
Products offered by National Funding, Inc. and affiliates are business products only. Loans made or arranged pursuant to a California Financing Law License. License number: 603A169
1 Subject to approval. Terms and conditions apply.
2 Quick application decisions and 24-hour funding subject to receipt of required documentation, underwriting guidelines, and processing time by your bank. Funds can be deposited into your business checking account as soon as the next business day after approval and acceptance of terms.
3 Your credit score helps us determine your eligibility for financing as well as your financing terms. Exploring your financing options with us does not impact your credit score. If you apply with us and we are unable to offer financing to you, we may try to match you with one of our partners to obtain financing.
4 Early payment discount amounts and details will be provided prior to acceptance of terms and funding. See your financing agreement for details.