National Business Capital Review

National Business Capital is a company that is primarily focused on helping businesses and entrepreneurs get the funding they need through loans. 

Basically, It will links small company candidates to at least one of the 75+ financing affiliates.

Is National Business Capital legit?

Yes, National Business Capital is a legit company. While it will share your information with its lending partners — a necessary practice to connect you with a lender — it has a clear privacy policy that outlines how your information is used.

Its website is secure, and it doesn't ask for any sensitive information with its contact form. It's also a member of the Small Business Finance Association, an industry organization that helps small businesses and lenders work together.

Application Process

You can start the application process online. National Business Capital keeps most of the supplemental documentation you need to submit to a minimum. In addition to the application, you’ll need to provide the last three months of your business’s bank statements. We summarize the application process for you:

1. After you apply, you will be contacted by a financing advisor
2.  You National Business Capital financing advisor may walk you through the application and add or update certain part of it to make it more appealing to their lenders
3. After that, you will match with as many offers as you qualify for.
4. National Business Credit will do a soft pull on your credit

Services Offered

National Business Capital offers a number of different forms of financing:

• Business Advance
  
  • Unique Benefits
    • Unsecured 
    • Same Day Funding Available 
    • All Industries 
    • 6 - 24 Month Terms Available 
    • Up to $5 Million Funded Amount
  • Qualifications
    • 1 Year Time in Business (*6 Months TIB if Depositing Over $50,000 Per Month) 
    • $20,000 Deposited Monthly in Business Bank Account 
    • No Minimum FICO

• Business Line of Credit
  
  • Unique Benefits
    • Unsecured
    • Same Day Funding Available
    • Only Pay for What You Use
    • Up to $250,000 Line of Credit
    • True Revolver; Each Payment Frees Up Additional Available Funds
  • Qualifications
    • 1 Year Time in Business $25,000 Deposited Monthly in Business Bank Account or $300,000 Annual Sales
    • 600 Minimum FICO

• Business Term Loan
  
  • Unique Benefits
    • No Prepayment Penalty
    • Monthly Payments Available
    • Reports to Business Credit Bureaus
    • 1 - 2 Year Terms • Refinance Up to 2 MCAs
  • Qualifications
    
    • 2 Years’ Time in Business
    • $25,000 Deposited Monthly in Business Bank Account or $300,000 Annual Sales
    • 660+ FICO
    • No BKs/Liens/Foreclosures in Last 3 Years.

• SBA Loan
  
  • Unique Benefits
    • Working Capital: 10 Year Term
    • Real Estate: 25 Year Term
    • Rate: Prime + 1% - 2.75%
    • Approvals within 24 Hours, Funding Process 4 - 8 Weeks
    • Monthly Payments & No Prepayment Penalty
    • Reports to Business Credit Bureaus
  • Qualifications
    
    • 2 Years Time in Business
    • 660+ FICO
    • No BKs/Liens/Foreclosures in Last 3 Years

• A/R Line of Credit
  
  • Unique Benefits
    • Revolving Line of Credit
    • Facility Size: $250,000 - No Cap
    • Line of Credit Amount Fluctuates as A/R Fluctuates (up and down)
    • Rates Starting at Prime + 2%
    • Up 95% Financing of Current A/R
    • 4 - 7 Days Application to Funding
  • Qualifications
    
    • Minimum $100,000 in Open Receivables on 30 - 60 Day Terms
    • $1 Million in Annual Sales
    • 1 Year Time in Business
    • No Minimum FICO

• Inventory Line of Credit
  
  • Unique Benefits
    • Revolving Line of Credit
    • Facility Size $250,000: - No Cap
    • Line of Credit Amount Fluctuates as Inventory Fluctuates (up and down)
    • Rates Starting at Prime + 2%
    • Up to 85% Financing of Inventory Liquidation Value
    • 7 - 14 Days Application to Funding
  • Qualifications
    
    • $1 Million in Current Inventory
    • $1 Million in Annual Sales
    • 1 Year Time in Business
    • No Minimum FICO

• Equipment Financing
  
  • Unique Benefits
    • Private & Vendor Sales
    • App & Invoice up to $150K
    • No Industry Restrictions
    • Purchase and Leasing Options
    • Financing from $25,000 – $1 Million
    • 1 - 5 Year Terms
    • Rates Start at 8%
  • Qualifications
    
    • Business Bank Account
    • 550 Minimum FICO
    • 6 Months Time in Business
    • Invoice Required

• Collateralized Programs
  
  • Unique Benefits
    • Loan Size: $100,000 - $10 Million
    • Monthly Payments Available
    • 70% Max LTV
    • 1st, 2nd, & 3rd Liens
  • Qualifications
    
    • Real Estate or Heavy Equipment Collateral Required
    • No Minimum FICO
    • Premier Program Requires $1 Million in Annual Sales

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.

After Our in-depth review, We can confidently recommend this brand to our readers.

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