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National Business Capital

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8.7

Overall Score

LAST UPDATED: June 29th, 2022

National Business Capital opened its doors in 2007. Based in New York, the company customizes business finance for every size and type of business by offering many loan options. Loans include small business loans, accounts receivable financing, commercial mortgage financing, equipment leasing and financing, merchant cash advances, SBA loans, and more. Customers enjoy zero upfront fees and receive approval in 24 hours or less.

National Business Capital holds a 90 percent approval rate. National Business Capital is a member of the National Restaurant Association, a member of ETA, and an ASA associate member. The lender is also an approved vendor with vendorseek.com. Consumers that choose National Business Captial should remember that they must have a credit score of 550 or higher.

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The Good

  • High Approval Rate
  • Alternative Financing
  • Flexible Requirements
  • Variety of Business Financing Options

High Approval Rate

The National Business Capital platform helps the majority of the businesses who apply for a loan through them. Business owners should be able to gain access to necessary funds quickly. 

National Business capital holds a 90 percent loan approval rate, with 70 percent of clients being previously turned down by a bank before reaching out to National Business Capital.

Alternative Financing

Leaders such as National Business Capital are utilizing newer, faster ways to process and approve loans which make the financing experience far simpler for business owners. Many small business owners are turning this direction because of bank decline rates for business loans.

Flexible Requirements

Depending on the financing options, many National Business Captial loans do not require a personal guarantee or collateral. These lenient requirements give borrowers more freedom in their lending options and make the lender accessible to a wider range of clients.

Variety of Business Financing Options

National Business Capital has numerous loan options from small business loans to equipment financing. Here’s a breakdown of what the company has to offer:

Small Business Loans and Business Line of Credit

  • Three or more months in business
  • $120,000 in annual gross sales
  • No minimum credit score
  • No collateral or personal guarantee
  • 90 percent approval rate
  • $10,000–$5 million loan amounts
  • Flexible terms from 6 months–10 years 
  • Business funding as soon as one business day or up to three days

Accounts Receivable Financing

  • Six or more months in business
  • No minimum credit score
  • $40,000 in monthly accounts receivables
  • Receivables as collateral
  • 90 percent approval rate
  • $10,000–$5 million loan amounts
  • Revolving terms
  • Business funding as soon as two business days or up to five days

SBA Loans

  • Two or more years in business
  • $100,000 in annual gross sales
  • At least a 685 credit score
  • Express funding on loan amounts of $350,000 or less
  • $50,000–$5 million loan amounts
  • Flexible terms from 10–25 years 
  • Prime rates with set rates and set terms
  • Business funding as soon as 45 days

eQuickment Financing Product

  • Equipment purchases under $75,000 require 600 minimum credit score, no minimum annual gross sales required, and no minimum time in business
  • Equipment purchases over $75,000 require 600 minimum credit score, $120,000 in annual gross sales, and six months in business
  • Approval in under an hour
  • Funding in less than two business days
  • Qualifications based on credit or annual sales (depends on purchase price)
  • Finance 100 percent of equipment costs (including deposits and taxes)
  • Equipment purchases through virtual inspection rather than on-site
  • Ability to choose your own vender

Standard Equipment Financing

  • No minimum time in business required if your FICO score is 650 or above
  • No annual gross sales required if your FICO score is 650 or above
  • No minimum FICO score required if you make $120,000 in annual gross sales and have been in business for six months or more
  • $10,000–$5 million loan amounts
  • Flexible terms from one to five years
  • Business funding as soon as two business days or up to five days
  • Ability to own equipment instead of renting

Loans for Doctors and Dental Practices

  • No minimum time in business
  • No minimum annual revenue
  • No minimum FICO score required if you make $120,000 in annual gross sales and have been in business for six or more months
  • No collateral or personal guarantee
  • $10,000–$5 million loan amounts
  • Flexible terms from 6 months–10 years
  • Business funding as soon as one business day or up to five days
  • 90 percent approval rate

Merchant Cash Advance

  • Six or more months in business
  • $120,000 in annual gross sales
  • No minimum credit score
  • No collateral or personal guarantee
  • $10,000–$2 million loan amounts
  • Flexible terms that accommodate repayment terms
  • Business funding as soon as one business day or up to three days
  • 90 percent approval rate

Franchise Financing

  • Six or more months in business
  • $120,000 in annual gross sales
  • No minimum credit score
  • No collateral or personal guarantee
  • $10,000–$2 million loan amounts
  • Flexible terms from 6 months–10 years
  • Prime rates with set terms
  • Express funding on loan amounts of $350,000 or less
  • Business funding as soon as two business days or up to seven days

Purchase Order Financing

  • No minimum time in business
  • No annual revenue
  • No minimum credit score
  • No real estate collateral required
  • Financing up to 90 percent of your purchase order
  • Flexible ongoing terms
  • Business funding as soon as three business days or up to seven days
  • 90 percent approval rate

Commercial Mortgage Financing

  • Two or more years in business
  • $250,000 or more in annual gross sales
  • At least a 620 credit score
  • $500,000–$10 million loan amounts
  • Flexible terms from 15–25 years
  • Business funding as soon as 30 business days or up to 90 days

Startup Business Funding

  • No minimum time in business requirement
  • No annual revenue requirement
  • At least a 620 credit score
  • $5,000–$150,000 loan amounts
  • Revolving terms
  • Business funding as soon as one week or up to four weeks
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The Bad

  • Customer Complaints

Customer Complaints

The complaints found online for the company are about mailers the company sends out. Customers have also complained about the company's lack of clarity regarding eligibility requirements, and whether National Business Capital's services are available in every state.

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The Bottom Line

This is a company with multiple years of experience in the business finance industry. Not being a traditional bank, the company has regulations that are less time-consuming and not as harsh of guidelines as a traditional bank. 

National Business Capital claims that 70 percent of its clients were turned down previously by a bank. Although National Business Capital has a 90 percent approval rate for most financing options, business owners need to take into consideration the company's lack of information on their website.

View Best Business Loan Lenders

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Message from
National Business Capital

National Business Capital helps entrepreneurs secure quick and fair financing to save time and cultivate sustainable growth.

Our stress-free online platform is designed for simplicity and speed, helping business owners go from application to approval in a matter of hours. And while we remain a leader in the Fintech industry, our clients agree it’s our personalized service and award-winning team that sets us apart.

From SBA loans to lines of credit, to equipment financing, and more, business owners can access all the different financing programs available to them in one place. Through our streamlined process, we have helped clients secure over $2 billion in financing since 2007, and, more importantly, we’ve helped entrepreneurs save a tremendous amount of time and grow faster.

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Star Rating

5.0

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18 Reviews

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Featured Review

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Review Source

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justin kliewer Salem, OR

I love working with National Business Capital. I bring them businesses needing loans and they get them funded. They have great relationships with all the lenders for who they get funded. They get the No's turned to yes. They have so many different loan programs that other lenders don't. I highly recommend them for all services. They also have a great partnership program for others wanting to offer loans to businesses in need.

1 year ago

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Reply from National Business Capital

Justin, thank you for taking the time to leave this awesome feedback. On behalf of the Business Financing Advisor and Partnerships teams at National, we'd like to thank you for choosing to send your clients to us and help them take their businesses to new heights! We look forward to continuing to help your clients grow!

May. 9th, 2022

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Review Source

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Hailey Milan Miami, FL

As a person that had never taken out a single business loan previously, I was incredibly apprehensive about handing over my information to a complete set of strangers, In New York, that I had never seen or met previously, and never would meet in person. Yet, Thomas R took the reins, and reassured me that everything would go well. All I can say is that he was one thousand percent correct! Not only did the R's team get me a decent offer, but they literally found me an outstanding offer!!! His offer was about 18,000 more than another offer, and had longer repayment terms, thereby alleviating some stress and pressure. So if you, like me, are apprehensive, or perhaps even had a bad experience in the past, I strongly suggest that you try to see if you can squeeze a little telephone appointment in with the Thomas R team. They will work hard for you!!! BEST

4 months ago

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Reply from National Business Capital

Hailey, we're happy to hear you had a great experience with National! We're fully committed to being transparent and responsive with our clients. Thanks for the shoutout to Thomas and for taking the time to leave this great feedback! On behalf of the team, welcome to the National Family!

May. 9th, 2022

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Review Source

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Emmanuel dakis Brooklyn, NY

I was recommend to Marina that works for National Buisness Capital and I must say since day 1 it has been a flawless and smooth transaction from the jump ,she went above and beyond for me and I’m very happy with the outcome and was super helpful every step of the way and answered all questions and concerns I had. I look forward to doing future buisness and getting the help I need to grow and reach my goals.

5 months ago

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Reply from National Business Capital

Emmanuel, the team here at National is thrilled to hear such great feedback about Marina, and we’re proud to welcome you and your team to the National Family! We're looking forward to building a lasting relationship with you.

May. 9th, 2022

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Mike Mantele Foresthill, CA

Joseph and his team were a pleasure to work with! They made the process simple and understandable, and were able to get us qualified for a business line of credit within a couple of days. Great service all the way around, would highly recommend ~

5 months ago

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Reply from National Business Capital

Mike, thank you for taking the time to provide this positive feedback about our process! On behalf of the team, welcome to the National Family!

May. 9th, 2022

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Rizwan Qayyum Houston, TX

The most easiest, sincere and supportive team. They made everything so smooth and guided me step by step. Without their support, it would be super hard for us to achieve our financial goals.

4 months ago

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Reply from National Business Capital

We enjoy hearing from our clients, Rizwan. Thank you for taking the time to show your support! We're happy to hear you had a great experience getting financing with National!

May. 9th, 2022

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Ashley Bartlett FL

Marina has been SO helpful processing a loan for us!! Her communication and willingness to provide multiple options has been unmatched! Thank you, Marina, for all of your help, you've been fantastically amazing!! :)

5 months ago

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Reply from National Business Capital

Ashley, thank you for taking the time to leave an awesome review. The team here at National is thrilled to hear such great feedback about Marina, and we’re proud to welcome you and your team to the National Family!

May. 9th, 2022

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QPR TRUCKING Bethlehem, PA

National Business Capital had the funding my business needed to grow! Marina went above and beyond to make sure this was a super quick and easy process. Thank you!

5 months ago

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Reply from National Business Capital

We're happy to hear you had a great experience getting financing with Marina here at National! Thanks for taking the time to leave this great feedback!

May. 9th, 2022

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Review Source

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G. Semler Hebron, IN

Marina P helped us out again very quickly and very efficiently. Another great job well done, Marina!!! Cudos to the entire National Business Capital tem!

5 months ago

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Reply from National Business Capital

Thank you for taking the time to leave this great feedback and the shoutout to Marina! We're thrilled to help you get the right financing solutions for you!

May. 9th, 2022

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Review Source

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Amy Melton New Lenox, IL

Marina P is terrific! Always professional and extremely quick with her replies. She has been tremendously helpful! I really appreciate how much she has helped me. Thank you Marina!

7 months ago

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Reply from National Business Capital

Thank you for taking the time to provide this great feedback about Marina! On behalf of the team, welcome to the National Family!

May. 9th, 2022

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Sai Meka Chicago, IL

Matt is excellent in service like : a) respond calls immediately b) he will try his best to understand what other person is saying and look for the solution. ex: First Matt came up with daily payments. I requested weekly payment then he said I will check and resolved the issue. c) Good human

9 months ago

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Reply from National Business Capital

The team here at National is thrilled to hear such great feedback about Matt, and we’re proud to welcome you and your team to the National Family!

May. 9th, 2022

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robert junnelli Stowe, VT

John L was amazing with helping get funded, the whole process was seem less and I would definitely work with him again. Would give 6 stars if I could

4 months ago

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Reply from National Business Capital

Robert, the team here at National is thrilled to hear such great feedback about John, and we’re proud to welcome you and your team to the National Family! We look forward to seeing your business grow!

Jun. 2nd, 2022

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Brittany Mcclung New York, NY

National Business Capital has helped my Long Island based small business to expand and given financial guidance every step of the way

4 months ago

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Reply from National Business Capital

Thank you for taking the time to leave this great feedback, Brittany! We look forward to seeing your business grow!

May. 9th, 2022

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WNK CAPITAL LLC Phoenix, AZ

I am on my 3rd funding right now from NBC, and the service has been nothing but excellent! In my last funding, I was fortunate enough to be helped by the one and only Marina! She was amazing and extremely helpful.

9 months ago

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Reply from National Business Capital

Thank you for taking the time to leave this great feedback about National and the shoutout to Marina. We're looking forward to building a lasting relationship with you!

May. 9th, 2022

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Natalie Clarke Danbury, CT

Highly recommended working with honest and reliable people with amazing customer service

3 months ago

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Reply from National Business Capital

Thank you for taking the time to leave a great review, Natalie!

Jul. 4th, 2022

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Neal Chatsworth, CA

My experience working with Joe is that he is a top man. Would definitely recommend this company.

5 months ago

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Reply from National Business Capital

We enjoy hearing from our clients, Neal. Thank you for taking the time to show your support and shoutout to Joe! We look forward to seeing your business grow!

May. 9th, 2022

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Julie Lantz Indianapolis, IN

Love working with John! Great resource!

5 months ago

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Reply from National Business Capital

We love working with you too, Julie. Thanks for taking the time to leave a great review!

May. 9th, 2022

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amb Atlanta, GA

Very Professional and great service. Very pleased

5 months ago

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Reply from National Business Capital

Thank you for taking the time to provide this positive feedback!

May. 9th, 2022

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Booker Thomas Gadsden, AL

Awsome great outline . couldn't have asked for more

4 years ago

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Reply from National Business Capital

Thank you for taking the time to provide this positive feedback, Thomas!

May. 9th, 2022