How a Micro Business Loan Can Work for You
Does your business need a little bit of cash to cover immediate expenses or needs? Are your cash flow needs small enough that you can’t justify taking out a large, long-term business loan? A micro loan could be right for you. Micro business loans give you the influx of cash your business needs in smaller amounts than most long-term business loans. You’ll repay the micro loan over a year or less, getting your business out of debt quickly.
High Approval Rates
- Micro loans often receive higher approval rates than other types of loans
- With a micro loan from an alternative lender, you increase your chance of approval
Fast Funding
- Get the cash you need now with quick loan approval decisions
- National Funding funds your approved micro loan fast, with funding in as little as 24 hours1.
Cover Seasonal Costs
- Pay for daily expenses during slow seasons as your cash flow slows down
- You can then pay off your micro loan quickly when you reach your busy season
Pay for Sudden Expenses
- Cover your monthly utilities and rent when cash reserves are low
- Keep up with payroll throughout a dry spell
How to Apply
Apply for a micro business loan in minutes with our online application. The loan process from National Funding makes finding and securing a micro loan easier than ever. We’ve completely streamlined the loan application and funding process to fit the needs of business owners like yourself.
How Does a Micro Business Loan Work?
Easy Application Process
Get started applying for a micro loan with our short online application and 3 months of bank statements.
Helpful Loan Guidance
A Loan Specialist will contact you to help you choose the right micro loan for your business.
Quick Decision, Fast Funding
You could be approved, and funds deposited into your account, in as little as 24 hours.1.
What Customers Are Saying
Joann Johnson, Owner/COO
JoChas Moving & Delivery
I went to our bank for a loan, but they wouldn’t give us a chance. National Funding was willing to take a risk. Our first financing was very easy. They needed 3 months of bank statements and our income tax return, and the next thing I knew, they said ‘Joann, what account do you want your funds to go into?’ It was even easier the second time.
How Micro Business Loans Support Your Industry
Virtually every type of business has short-term needs for cash to cover capital business expenses. National Funding has experience providing funding to businesses in virtually every type of industry.
Why National Funding?
Whether you need to cover an unexpected repair bill or this month’s rent, micro business loans can give you the cash you need. As a leader in short-term business financing, National Funding is here to help make the process fast and simple.
We Know Your Business
We have experience supporting all types of business owners.
Simple, Fast Application Process
No-cost, no-obligation application with funding as fast as 24 hours1
A Trusted Lending Partner
Supporting 45,000 businesses nationwide with over $2.5 billion in funding
Dedicated Loan Specialists
Our Loan Specialists care about your success and guide you to the right loan to get the cash you need
High Approval Rates
Even if you’ve been turned down elsewhere, there’s still a great chance we can get you the business capital you need
Hassle-Free Payments
We provide fixed terms and set up simple, automatic payments
Micro Business Loan Resources
Get the latest information on business funding. We’ve created this list of important resources for business owners to learn more about short-term micro loans.

Short-Term vs. Long-Term Business Loans
See the differences between short-term and long-term business loan options. This post can help you consider the advantages and disadvantages of each. You’ll be better prepared to choose between a micro loan or a larger, long-term business loan.

A Guide to Microloans for Small Business
When you’re running a small business and funds are tight, borrowing even a few hundred dollars can make the difference between paying your bills or not. But many traditional lenders won’t even consider loans for less than five figures. Fortunately, there are other lenders out there willing to make microloans for small businesses.

The Difference Between a Loan and a Cash Advance
Trying to decide how to fund your business needs? You may be considering a merchant cash advance, which takes a percentage of your credit card sales. However, a micro loan may be the better choice for many businesses.
FAQ: Micro Business Loans
Feeling confused as to whether a micro loan is a good fit for you? We’re here to help! We’ve put together some of the common questions business owners like you ask about micro loans, and provide straightforward answers.
Micro loans are small cash loans that are generally repaid in a short period of time. For example, say your business cash reserves are low and you need to cover rent and utilities for a couple of months. A micro loan gives you just enough money to cover your expenses without putting you into deep debt with a long repayment period.
National Funding makes it easy to apply for micro business loans. Simply fill out our online application and we’ll help you find the right micro financing your business needs. In some cases, we can fund your loan in as few as 24 hours1.
The SBA, or Small Business Administration, loan program works by partnering with various lenders. Since the SBA itself doesn’t provide loans, but rather goes through traditional lenders like banks, it can be difficult to get approved for a loan. You’ll probably need a good credit score and to meet certain strict financial requirements, even for a micro business loan.
Alternative lenders like National Funding can help you get the micro loan you need quickly and with fewer requirements than more traditional lenders. Apply for a loan today to get started.
Ratings & Reviews
See what our satisfied customers have to say about the loan experience with National Funding.
Disclosures
Legal Disclosures
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) Potential Tax Savings:
The Section 179 Tax Deduction allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. Meaning, if you buy (or lease) a piece of qualifying equipment, you can deduct 100% of the purchase price from your gross income. You can secure the equipment, tools, and technology you need, while also taking advantage of significant tax deductions - up to $1,000,000. 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.
(7) Terms and Conditions apply:
This is not a guaranteed offer of credit. Loans subject to lender approval. Approval amount is based on eligibility determined by information obtained from Dun & Bradstreet. Actual eligibility may vary. Restrictions may apply. Application is subject to approval by the lender and is based on factors such as business type, time in business, annual sales, average bank balances, personal credit and other variables deemed relevant by the lender.