National Funding Review
National Funding Review
ConsumersAdvocate.org
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Founded in 1999, National Funding is a veteran lender that offers small business loans and equipment financing to companies nationwide. The company serves customers in a wide variety of industries and offers loans up to $500,000, an easy application process, and funding in as few as 24 hours. National Funding is located in San Diego, California.
BBB Accredited Company with cash in as little as 24 hours
- Loan Amounts: Up to $500,000
- Average Yearly Revenue requirements: $250,000
- Minimum Credit Score: 600 FICO
- Minimum Time in Business to apply: 6 months
Latest National Funding Reviews
Every small business owner want finance must read : I apply for my Business funding, they approve $15,000 to 25,000 for 12 Month finance and gave me below option. 3% Origination fee. $15,000 need to pay $20,697.60 with $78.40, Term Daily with 264 payments M to F (5 days in week) finish loan in 1 year. I calculated interest is more than 75%. You need to count compound interest rates because they are getting everyday installment and invest in other loans. Also I calculated $25,000 need to pay 34,499.52 with daily payments $130.68 (264 payments daily M to F) for 1 year. which interest comes to more than 80%. Is their any California law on interest rate cap? Instead of growing business, I... Read More