Press Release

 

06 10 2013

06 10 2013

National Funding Appoints Bob Sweeney Chief Financial Officer

National Funding, a small business financial services company, has appointed Bob Sweeney Chief Financial Officer. With 27 years in the financial service industry, Sweeney is recognized as a valuable corporate leader for the continued growth and success of National Funding.

As National Funding’s CFO, Sweeney is responsible for all accounting and financial matters of the company. Reporting directly to CEO, David Gilbert, Sweeney oversees the capital structure of National Funding, determining the best mix of debt, equity and internal financing. As a member of the executive team, he plays a key role in the company’s economic forecasting in order to ensure National Funding’s solid financial foundation.

Sweeney brings years of financial management experience to his position at National Funding. He has served as CFO, controller and global analyst positions for large and small companies, both public and private. Some of the companies Sweeney has held financial positions with are Citicorp Equipment Finance, Sequa Capital Corp., Rockford Industries/ American Express Business Finance to name a few.

Bob Sweeney  National Funding CFO

Bob Sweeney
National Funding CFO

Sweeney received his B.B.A. in Accounting and M.B.A. in Management Information Systems from Iona College in New Rochelle, New York.

“As CFO, Bob brings a wealth of experience to National Funding. His knowledge and expertise in the financial services industry is integral for our expansion efforts,” said CEO David Gilbert. “Bob’s managerial, analytical and financial experience makes him an ideal leader to head up our finance department and is paramount to our continued success.”

“I’m very excited to be part of National Funding,” said CFO Bob Sweeney. “David Gilbert has built a top-notch company, and I’m looking forward to contributing to our growth and success.”

National Funding serves the small business community nationwide by offering a range of financial services and products. The company is a leader in providing equipment leases and working capital loans. It works with businesses in hundreds of communities and industries to expand their operation and upgrade equipment. Every customer is matched with a National Funding account manager who has specific knowledge about their specific industry. Whether it’s trucking, manufacturing, any number of specialty trades, or restaurants, the company handles all the details, minimizing paperwork and waiting period on transactions. As the company has grown, so has its product line. Currently National Funding is considered one of the country’s largest private lenders of small business loans. Customers are able to get working capital loans, equipment leases, merchant cash advances, and credit card processing.

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Terms & Conditions

General Acceptance

Any applications submitted electronically shall have the same force and effect as if the application bore an inked original signature(s). The above information, together with any accompanying financial statements, schedules, or other materials, is submitted for the purpose of obtaining credit and is warranted to be true, correct, and complete.

 

US Patriot Act:

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person and business that seeks a business loan.  What this means for you: When you apply for a loan, we will ask for your business name, address, and Tax Identification Number.  We will also ask for your name, address, date of birth, and other information that will allow us to identify you.  We may also ask to see your driver’s license or other identifying documents.

 

For Loan/Merchant Services:

The Merchant and Owner(s)/Officer(s) identified in the application (individually, an “Applicant”) each represents, acknowledges and agrees that (1) all information and documents provided to National Funding, Inc. (“NF”) including credit card processor statements are true, accurate and complete, (2) Applicant will immediately notify NF of any change in such information or financial condition, (3) Applicant authorizes NF to disclose all information and documents that NF may obtain including credit reports to other persons or entities (collectively, “Assignees”) that may be involved with or acquire commercial loans having daily repayment features and/or Merchant Cash Advance transactions, including without limitation the application therefor (collectively, “Transactions”) and each Assignee is authorized to use such information and documents, and share such information and documents with other Assignees, in connection with potential Transactions, (4) each Assignee will rely upon the accuracy and completeness of such information and documents, (5) NF, Assignees, and each of their representatives, successors, assigns and designees (collectively, “Recipients”) are authorized to request and receive any investigative reports, credit reports, statements from creditors or financial institutions, verification of information, or any other information that a Recipient deems necessary, (6) Applicant waives and releases any claims against Recipients and any information-providers arising from any act or omission relating to the requesting, receiving or release of information, and (7) each Owner/Officer represents that he or she is authorized to sign this form on behalf of Merchant.(8) I consent to receive direct mail, faxes, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (9) this request is for business and not for consumer purposes.

 

For Equipment Services:

I hereby certify: (1) the information provided is true and correct, (2) you are hereby authorized to investigate all bank, credit, and trade references, and said references are hereby authorized to release any requested information to you or your nominee, (3) such authorization shall extend to obtaining personal credit profile in considering this application and subsequently for the purposes of update, renewal or extension of such credit or additional credit and for reviewing or collecting the resulting account, (4) this information may be transmitted by us to you and by you to underwriter(s) for the purpose of granting me credit, either electronically or manually, and that by submitting this application, I take full responsibility for transmission thereof, (5) I am over 18 years of age, (6) I acknowledge my rights under the Fair Credit Reporting Act, (7) I consent to receive direct mail, faxes, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (8) this request is for business and not for consumer purposes.

The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status or age (provided the applicant has the capacity to enter into the binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. If for any reason your application for business credit is denied, you have the right to a written statement of the specific reasons for the denial. To obtain the statement, please write to National Funding Inc., 9820 Towne Centre Drive, San Diego, California 92121.  Funding amount and credit approval is subject to a full credit profile review.