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National Business Capital Review – Funding for Small Businesses

Are you a small business owner struggling to move into the next stage of your business growth due to a lack of financing? If so, National Business Capital is among the top financing companies, helping customers like you get the financing you need to grow your business.

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AT A GLANCE

  • 75+ lender marketplace
  • Fast loan approval
  • Flexible financing options
  • Outstanding customer reviews
Overall Rating
4.5/5

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Pros & Cons

Choosing National Business Capital to fund your business expansion comes with both pros and cons. In our National Business Capital review, we take a closer look at the benefits and disadvantages.

Pros

  • Flexible financing and repayment options.
  • Multiple options and lenders available for your different needs.
  • Get cash on hand, in as little as three hours.
  • A simple application process to funding.

Cons

  • High sales requirements to qualify.
  • Must speak to a representative to get detailed information.

National Business Capital is a well-known financing company focusing on connecting customers with cash flow opportunities to support business growth. Providing over a billion dollars in financing so far, National Business Capital remains a leading financing competitor.

National Business Capital works with businesses from different industries, ranging from Technology to Hospitality and Transportation, providing multiple lending options, and offering support and flexibility to business owners needing financial help.

By the end of our National Business Capital review, you will know if the financing company is a good fit for your business and financing needs, especially during these times of economic instability. You will also learn more about what other clients are experiencing.

You will also learn more about what you will need to ensure your business qualifies for funding and what you need to do to begin the application process.

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Quick Summary

Service: Small Business Loans

Interest: Depends on loan term & amount

Promotion: No current promotions

About National Business Capital

National Business Capital was founded in 2007 by Joseph Camberato and continues to receive praise from business owners who have received capital, credit lines, or loans they needed to thrive and grow their current operations. 

National Business Capital has been the saving grace for many companies initially turned down by banks and other financiers, focusing on providing companies with the revenue and tools they need to expand despite previous limitations.

Types of Loans

National Business Capital offers several different funding opportunities, including Term Loans, Business Lines of Credit, and even personal loans for independent contractors.

Terms loans are a type of capital loan with a specified funding amount and a predetermined repayment schedule. Business lines of credit tend to be more flexible, allowing you access to a sum of cash flow upfront. 

Bridge loans are also a short-term financing solution available for business owners that provides an influx of cash for consumers upfront until they can secure more long-term funding.

National Business Capital also offers Equipment Financing, Invoice Financing, and more. 

Equipment financing allows for you to finance new or used equipment to boost your sales, and Invoice Financing makes it so that you do not have to be stuck waiting on clients to pay invoices.  

Even Merchant cash advances are available for certain business types through this company.

Terms & Fees

To access most of these financing opportunities, first, you will need to be a business owner (with a registered business) and have been in business for at least three months, with monthly sales of at least 10,000 dollars to qualify for most of these forms of financing. 

Although not specified until you speak with your financing agent, the loans tend to range around 9% in interest, and you will need to meet certain credit qualifications to determine your fees and interest as well. 

If you are looking into a Bridge loan, they do not usually come with any prepayment penalties but do tend to have high-interest rates and fees, however, if you choose the Working Capital loans, they tend to be low cost, although they can be hard to qualify for. 

Whether choosing a loan, equipment financing, invoice financing, or a cash advance, you will be met with fees and terms based on your business type and previous personal/business history.

FAQ's

Check out these frequently asked questions about National Business Capital.

Is National Business Capital legit?

Yes, having already supplied businesses with over one billion dollars in funding, a quick search online will lead you to dozens of customer reviews. The company is also BBB accredited, with an A+ rating on the Business Better Bureau, and has a very good score on Trustpilot

How fast can I get approved for a loan?

You can get approved for a loan in as little as a few hours; most consumers are approved within a few days. The process is simple and starts with you filling out an application online; once applied you will be connected with an agent that will work to get you approved for financing.

What credit score does National Business Capital recommend?

The company recommends a credit score in the range of 550+, however, some financing options can assist you with a score of around 300. National Business Capital may still be able to offer you funding through other lenders, even if you do not meet the 550 benchmark.

Can I apply for multiple business loans?

Yes, however, certain lenders do have limits to how much can be given to one business.

Is National Business Capital legit?

Yes, having already supplied businesses with over one billion dollars in funding, a quick search online will lead you to dozens of customer reviews. The company is also BBB accredited, with an A+ rating on the Business Better Bureau, and has a very good score on Trustpilot.

How fast can I get approved for a loan?

You can get approved for a loan in as little as a few hours; most consumers are approved within a few days. The process is simple and starts with you filling out an application online; once applied you will be connected with an agent that will work to get you approved for financing.

What credit score does National Business Capital recommend?

The company recommends a credit score in the range of 550+, however, some financing options can assist you with a score of around 300. National Business Capital may still be able to offer you funding through other lenders, even if you do not meet the 550 benchmark.

Can I apply for multiple business loans?

Yes, however, certain lenders do have limits to how much can be given to one business.

Next Steps

If you are a business owner looking for an easy and supportive way to relieve your stress and get the financing/small business loans that you need, National Business Capital may be a good and quick option for you. 

Having connections with so many different lenders and financing options, you will have access to plenty of lending options and types of financing for your business, and depending on what you need, you may not even have to participate in long-term financing. 

If you are a business owner, and with such great reviews for their customer service online, you are sure to find the exact financing you need to get to your next level as a business owner by connecting with this National Business Capital; and you will most likely be financed quickly. 

National Business Capital

Looking for small business loans to grow your business? National Business Capital provides term loans, SBA loans, business lines of credit & other options for any need!

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  • Editor Rating
  • Rated 4.5 stars
  • 80%

  • National Business Capital
  • Reviewed by:
  • Published on:
  • Last modified: October 6, 2021


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