Committed to the Small Business Owner — and the Community
National Funding is a small business loan company — and an equipment leasing company — fully committed to helping the small business owner prosper and our community win.
National Funding serves the small business community nationwide by offering a range of financial services and products. Since 1999, we have worked with business owners in hundreds of communities and industries to help them expand and upgrade. As we have grown, so too has our product line, and now we are one of the country’s largest private lenders of small business loans. Our customers call on us to get working capital, merchant cash advances, credit card processing, and, of course equipment leasing. We meet their needs when others cannot, and we do it quickly, efficiently and at a price they can afford.
A Pioneer in Alternative Lending
National Funding is a pioneer in alternative lending, but more importantly, we’re an ally for the small business owner. National Funding started from humble beginnings in California. We persevered during our share of ups and downs, and weathered challenging economic cycles. We built a respected environment from the ground up — one which fosters stability, togetherness and pride in what we do and who we are.
Our core values are as much a part of our daily life today as they were when we first opened our doors in 1999. Hard work, ethics, mutual respect and transparency are what drive us everyday in helping small business owners.
Today, our goal-oriented focus allows us to thrive as a notable privately owned business with the leadership and experience to inspire others. We empower our customers and employees, and we take every opportunity to evolve our people, enrich our community and strengthen small businesses.
We Believe in Our Customers
National Funding believes in American small business owners. It’s how our company started, too. So we know that everyone we deal with has a dream to succeed and grow their business. That’s why we see the opportunity to help thousands of businesses with loans and leases, and have pledged to provide the resources needed to meet any demand. So while we have expanded our business significantly, we still see huge room for growth. Whether it’s new products, new services, or new people, we’re committed to investing in the future. But do not just take our word for it; read some of our customer reviews and testimonials.
Sponsorships and Corporate Support
National Funding is proud of our corporate sponsorships of the San Diego Padres, Los Angeles Chargers and others. We are committed to supporting the small business community in San Diego and the Southern California region. We hope that our involvement with these organizations helps benefit both the region and its many small business owners.
Our People Reflect Our Values
Our loan specialists are trained to listen to our prospects and customers and structure a solution that fits their needs for timing and budget. We work with thousands of businesses in hundreds of different industries. Every customer is unique, and therefore so is every solution. Our people know our products, to be sure, but they also know and understand our customers’ needs as well. Fast turnaround — as few as 24 hours1 — flexible solutions and great service – a combination that we strive to deliver to everyone.
True to our mission, we encourage you to read the following policies and learn how they affect you as a client.
(1) 24 hours:
Fast approvals and 24 hour funding subject to receipt of required documentation, underwriting guidelines, and processing time by your bank. Funds are deposited into your business checking account as soon as the next business day after approval and acceptance of terms.
(2) Early payoff discounts:
National Funding offers special opportunities for its customers to terminate contracts early and receive a discount in the process. Equipment Finance customers who pay off the total remaining balance early, at any point during the contract, will automatically receive a 6% discount off the total remaining balance. Working Capital customers who pay off the total remaining balance in full within the first 100 days of the contract will automatically receive a 7% discount off the total remaining balance. We do not currently offer a discount on our lease contracts. Customers must pay off the balance in full, be current, and in good standing to take advantage of the discount within the time parameters.
(3) Automatic payments:
Loan payments are withdrawn via Automatic Clearing House (ACH) Monday through Friday excluding bank holidays.
(4) Wide variety of payment options:
- Equipment Financing: payments are remitted monthly with terms of 2-5 years
- Working Capital Loan: payments can be remitted daily or weekly with terms of 4 months up to 24 months
(5) Huge potential tax savings:
Section 179 tax deduction is a lucrative and important tax break that has been made permanent across the board, under the Protecting America from Tax Hikes Act (PATH Act). In most cases, the IRS allows your equipment lease or loan payments to be 100% tax deductible! You can secure the equipment, tools, and technology that you need, while also taking advantage of significant tax deductions — up to $500,000. Consult your tax professional for more details.
(6) Guaranteed lowest payment:
Pursuant to the terms and conditions specified in these Rules and Restrictions of the Guaranteed Lowest Payment, National Funding guarantees to provide the lowest payment on equipment leased through National Funding, for lease terms from 24 to 60 months, or to pay $1000 towards qualifying executed leases. Lease payment comparisons must be based on a lease in excess of $10,000, for approved equipment, and with the same terms and conditions as those offered by National Funding within seven days that the National Funding terms are issued. To be eligible, customers must provide a competitive lease quote without contingencies, and vendor invoice, and in the name of the lessee within seven calendar days of the date National Funding issues its terms. Guarantee only valid on competitive equipment leases. Equipment finance agreements do not qualify.
In the event that the monthly lease payment amount from the competing lease company or bank is lower than the monthly payment that is being offered by National Funding for the same equipment and pursuant to the same terms, National Funding will verify the validity and accuracy of the competing leasing company’s or bank’s payment options, terms and the vendor quote. National Funding has the option, in its sole discretion, to either beat the competing leasing company’s or bank’s monthly payment rate, or pay $1000 to the lessee. The lessee must provide National Funding with the competing company’s or bank’s signed lease agreement with payment terms/options, and take delivery of the equipment. Payments will be made within 30 days, and lessee is responsible for any taxes.
The Guaranteed Lowest Payment is available to both new and established customers of National Funding. This offer is valid for new lease applications only. The Guaranteed Lowest Payment is not retroactive — a previously funded equipment lease with National Funding is not eligible for the Guaranteed Lowest Payment. Only non-contingent offers of lease terms and payment are eligible. Offers made to lessee that include subsidization by manufacturers and/or vendors will not be considered in comparing competing offers.
The Guaranteed Lowest Payment may be discontinued at any time without notice.
To participate in the Guaranteed Lowest Payment program, if you have a lease agreement and vendor quote which you believe will qualify for the program, contact your National Funding Lease Manager.