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Short-Term Loan by National Funding

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Working capital and short-term business loan programs ranging 4-18 months with daily and weekly repayment options.

Nav's Verdict

Cost

LowHigh

Effort to Apply

EasyDifficult

Funding Speed

MonthsMinutes

Repayment Terms

MonthsYears

7/10

Bottom Line

Good option for medical businesses and general contractors. Good for those seeking funds for marketing, equipment, debt financing, repairs, and inventory costs. Competitive repayment rates compared to other working capital products, starting at 1.11% factor rate.

Pros

Funding speed as fast as 24 hours, upon Approval. Short-term loan programs anywhere from $10,000 - $500,000. Terms and conditions apply.

Cons

Must be in business for a minimum of 6 months with a fair – excellent credit score- (650+ preferred). Must have at least $250k annual gross revenue. Origination fees apply.

Qualification requirements

Time in Business

At least 6 months in business

Annual Revenue

At least $250,000 and must be profitable for at least one year

Other requirements

Credit Score

You must have a 600+ credit score and no bankruptcies in the past six months

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Cost

1.11+ Factor Rate

Repayment Terms

Daily or weekly payments for 4-18 months

Funding Amount

$10,000- $500,000

Funding Speed

1 - 4 days

Origination Fee

1-5%

Reviews

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Reviews are not provided or commissioned by the credit card, financing and service companies that appear in this site. Reviews have not been reviewed, approved or otherwise endorsed by the credit card, financing and service companies and it is not their responsibility to ensure all posts and/or questions are answered.