National Business Capital: No Restrictions, Fast Loans
National Business Capital business loans isn't available on Finder right now.
- Min. Amount
- $100,000
- Max. Amount
- $10,000,000
- APR
- Varies by lender
Our verdict
Browse a variety of financing options through 75+ lenders.
National Business Capital is a good option for businesses that struggle to find traditional financing. The lenders in its network offer a wide variety of loan options. And there are no restrictions on industry, as it considers businesses involved in cannabis and other high-risk fields.
Your business needs to meet a high annual revenue requirement of $500,000 for most business loans. Plus, because of the number of options available, APR and other important loan information isn't available on the website. You'll need to fill out its online form and see what lender you're connected with before you know how much it might cost.
For a full range of options, you can compare more lenders using our table.
Best for: High-revenue businesses looking for a streamlined process to explore a wide array of lenders and financing options.
Pros
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No restriction on industry
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Specialized funding for cannabis-based businesses
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Quick turnaround of one to three business days
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Large suite of additional business services
Cons
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High annual sales requirement of $500,000
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Does not provide loans directly
Is National Business Capital legit?
Yes, National Business Capital is a legit connection service. While it shares 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.
What makes National Business Capital shine?
National Business Capital offers a streamlined application process and aims to connect businesses with financing options tailored to their needs. Because it partners with over 75 lenders, businesses can borrow up to $10 million, depending on the lender.
Here are a few ways National Business Capital shines:
- Access to a wide network of lenders. By filling out one application via National Business Capital, businesses have access to a wide array of lenders that offer competitive rates and a variety of financing products.
- Fast approval and funding turnaround. It only takes a few minutes to complete an application, and a National Business Capital representative lets you know if you are approved within 24 hours. If approved, funding may be available within one to three business days.
- No restrictions on industry. Unlike many traditional lenders, National Business Capital doesn’t have restrictions on high-risk industries.
- Offers personal business advisors and resources. National Business Capital pairs businesses with a personal business advisor to guide them through the financing process. It also offers resources such as educational blogs and tools. Plus, its free small business ripoff report provides unbiased business financing information, tips from industry experts and when you should pay upfront fees.
Where National Business Capital falls short
National Business Capital requires an annual revenue of at least $500,000, which means startups and smaller businesses may have difficulty qualifying.
In addition, there is no information about rate ranges on the National Business Capital website. You won’t find out your APR or specific repayment terms until National connects you to lenders and you choose your financing option.
Product details
| Loan amount | $100,000 to $10,000,000 |
| Loan term | 6 to 120 months |
| Min. Credit Score | 700 |
| APR | Varies by lender |
| Requirements | 700+ FICO score, 1+ Year in Business, $500,000 in Annual Revenue |
| Availability | Available in all states |
| Fees | Varies by lender |
National Business Capital contact info
| Phone number | 1-888-488-4769 |
| Customer service hours | N/A |
| info@national.biz | |
| X (formerlyTwitter) | @natbizcapital |
| @NatBizCapital |
Calculate your monthly loan payments
The cost of your loan depends on the lender you’re connected with and the type of loan you choose. To know what your business might pay, you’ll need to fill out its online form to receive a quote from a lender.
You can estimate your potential monthly repayments with one of National Business Capital’s lenders by using the calculator below.
Business loan calculator
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Fill out the form and click on “Calculate” to see your estimated monthly payment.
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| Total Cost | $ |
What do I need to qualify?
National Business Capital doesn’t have a minimum credit score requirement, but your business needs to meet these two requirements to be connected to a lender:
- 1+ year in business, 4+ months in business for equipment and revenue-based financing
- Annual sales of at least $500,000
How to apply
National Business Capital has a simple one-page form to help you get started.
- Visit National Business Capital’s website and select Explore Your Options.
- Enter information about yourself and your business, including your industry, time in business and annual sales.
- Review National Business Capital’s terms and submit the online form.
What information do I need to sign up?
When you fill out National Business Capital’s online form, you need to provide this basic information to be connected with a lender:
- Name and contact information
- Personal credit score range
- Time in business
- Gross annual sales
- Industry
Your lender may require you to submit additional information or proof of income when you complete a full application.
What happens after I submit my information?
A representative from National Business Capital contacts you by phone or email to verify your information. You may be connected to one or more lenders to finalize your application. If approved, funding may be available within one to three business days.
What other types of financing does National Business Capital offer?
National Business Capital works with lenders offering a wide variety of funding options.
| Loan amount | Loan term | Minimum requirements | |
|---|---|---|---|
| Business lines of credit | $100,000 to $5 million | 6 months to 3 years |
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| Equipment financing | $10,000 to $5 million | 1 to 5 years |
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| SBA Loan | $50,000 to $5 million | 10 to 25 years |
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| Revenue-based financing | Based on sales, up to $5 million | No set repayment period |
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National Business Capital offers a wide variety of services and loan options. Before you sign up, read more about business loans to ensure you’re picking the right option for your business.
How National Business Capital loans compares to other lenders
If you’re not sure about National Business Capital, compare your options by selecting your annual revenue, time in business and personal credit score.
What is the Finder Score?
The Finder Score crunches 12+ types of business loans across 35+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.
To provide a Score, we compare like-for-like loans. So if you're comparing the best business loans for startups loans, you can see how each business loan stacks up against other business loans with the same borrower type, rate type and repayment type.
National Business Capital reviews and complaints
| BBB accredited | Yes |
|---|---|
| BBB rating | A+ |
| Trustpilot Score | 5 out of 5 stars, based on 2,559 customer reviews |
| Customer reviews verified as of | 23 September 2024 |
National Business Capital receives extremely high praise from customers — which is unusual for a connection service. Reviewers are pleased with the speed at which they can apply for and get a loan, while others praise its customer service.
What do people on Reddit say?
Frequently asked questions
Who owns National Business Capital?
Joe Camberato is the CEO and founder of National Business Capital.
How do repayments work with National Business Capital?
You won’t make repayments through National Business Capital. Instead, consult your loan agreement or reach out to your lender to discuss repayment options.
What industries does National Business Capital work with?
The lenders in National Business Capital’s network accept businesses in every industry, including cannabis.
National Business Capital business loans is not currently available on Finder
Have you considered Olympus Business Capital?
No credit needed. Funding up to $250,000 with a variety of finance options to best fit your business needs.
Your reviews
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