National Funding business loans
National Funding is an online lender that specializes in equipment financing. It offers low-cost direct loans with rates from from APR to APR. This includes a relatively low origination fee compared to other business lenders of 1% to 3%. There’s no down payment and you can use the funds to purchase new and used equipment. National Funding also works with high-risk industries, including cannabis companies. While it can connect you with another provider if you don’t meet its requirements, its partners will likely offer different rates and terms.
- Low minimum and maximum APR for an equipment loan
- Accepts high-risk industries
- Can connect you with other providers
- Doesn't disclose costs on website
- Partners may offer higher rates and fees
Loan amount | $5,000 – $500,000 |
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APR | Not stated |
Min. Credit Score | 600 |
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