National Funding is a Direct Lender
Working with a direct lender like National Funding means having your loan tailored to your specific business needs without the complications that come from working with other lenders, brokers, or middlemen. We understand how important obtaining the right financing can be to small business success, and we’re dedicated to helping our clients thrive. As a direct business lender we can turn your request around quicker, with more advantageous terms than going to traditional lender.
We Break Down the Lending Obstacles
Borrowing money has always come with unique challenges, it has become more difficult for small business owners to acquire the funds they need from traditional lenders. Qualifying standards have gotten more stringent, and factors like rigid repayment terms and large down payment commitments have made it harder for borrowers to find a loan that suits them.
Small businesses that have poor credit scores have found more doors closed than open when it comes to obtaining business financing. As a direct lender, National Funding is focused on finding the right small business loans for borrowers. With direct lending we can offer our own capital directly to our customers, cutting out the middlemen who slow down and complicate the lending process. Our business loan options are both flexible and easy to get approved, with special alternatives available for businesses that may have less-than-perfect credit.
Direct Business Lending
National Funding is able to compete in the business lending landscape because we can offer borrowers something the big banks cannot. Instead of uncompromising qualifying and repayment terms, our working capital loans, merchant cash advances and other financing options are designed to meet the special needs of small business owners.
National Funding knows small business owners don’t have time to fill out reams of forms, which is why we opt for minimal paperwork. Our one-page applications are simple and straightforward, and can even be completed and signed online through our website. Our direct lending capabilities also allow us to review and approve applications quickly. This means borrowers can receive their funding in as few as 24 hours1. And you can use the funds on nearly any business purpose.
Find Out How Much Funding You Qualify For
In addition to loans, National Funding also offers options for equipment leasing and credit card processing. Our goal is to be a partner for small businesses, providing a wide range of services geared toward the unique needs of the market. Being a direct lender means we can blaze our own trail without the challenges of dealing with various lenders and brokers, passing on the benefits to our clients and ensuring each loan product is suited to the needs of borrowers.
Contact National Funding today to find out more about how working with a direct business lender can help you take your business to the next level.
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.
Small Business Loans
When Banks say no .... National Funding says YES!
National Funding is a direct lender, which means there’s no middleman. We offer the flexibility to create small business loans with terms that meet your specific needs as a borrower. Our high approval rates mean that we can say ‘yes’ when traditional lenders say no. You’ll get a dedicated Loan Specialist who has specific knowledge about your industry and will provide you one-on-one personalized service.
There is no obligation to get started, and no need for collateral or a down payment. Click or call and receive a quick decision and funding in as little as 24 hours.1
Loans from $5,000 to $500,000
No collateral required
Easy, no cost, no obligation application
We are very proud of what our customers from a variety of Industries have to on TrustPilot