National Business Capital loans review
Browse a variety of financing options through 75+ lenders.
- Best for newer businesses in high-risk industries.
- Pick something else if you want transparent information about costs.
|Product Name||National Business Capital business loans|
|Loan Term||6 to 120 months|
|Min. Credit Score||300|
|Requirements||In business for 3+ months, $120,000+ in annual revenue, meet personal credit score standards|
Aliyyah Camp is a writer and personal finance blogger who helps readers compare personal, student, car and business loans. Aliyyah earned a BA in communication from the University of Pennsylvania and is based in New York, where she enjoys movies and running outdoors.
National Business Capital is a good option for smaller businesses that have struggled to find traditional financing. The lenders in its network offer a wide variety of loan options. And there are no restrictions on industry: Businesses involved in cannabis and other high-risk fields may still qualify for funding.
Your business will need to meet a high annual revenue requirement of $120,000. Plus, APR and other important loan information isn’t available online — so 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 direct lenders using our table.
Is National Business Capital legit?
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.
How much will this loan cost me?
The cost of your loan will depend on the lender you’re connected with. Its lenders offer loans of $10,000 to $5 million, and terms range anywhere from six months to 10 years. However, National Business Capital doesn’t provide any information on APR. To know what your business might pay, you’ll need to fill out its online form to receive a quote from a lender.
However, you can estimate your potential monthly repayments with one of National Business Capital’s lenders by using the calculator below.
Business loan calculatorSee how much you'll pay
|Loan terms (in years)|
How does pricing work?
The rate you receive — along with your loan amount and loan terms — will depend on your business. While National Business Capital has low minimum credit requirements, to get the best rates and highest loan amounts, your business will need to be at least one year old and have a monthly revenue that can handle repayments.
What do I need to qualify?
National Business Capital doesn’t have a minimum credit score requirement, but your business will need to meet these two requirements to be connected to a lender:
- 3 or more months in business
- Annual sales of at least $120,000
What information do I need to sign up?
When you fill out National Business Capital’s online form, you will need to provide some basic information to be connected with a lender:
- Name and contact information
- Personal credit score range
- Time in business
- Gross annual sales
Your lender may require you to submit additional information or proof of income when you complete a full application.
What industries does National Business Capital work with?
The lenders in National Business Capital’s network accept businesses in every industry, including cannabis. However, businesses that work with cannabis will need to meet a more strict minimum time in business requirement of one year.
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||$10,000 to $5 million||6 months to 10 years|
|Equipment financing||$10,000 to $5 million||1 to 5 years|
|Hybridge SBA Loan||$50,000 to $5 million||10 to 25 years|
|Performance Advance||Based on daily sales||No set repayment period|
|SBA loans||$10,000 to $5 million||10 to 25 years|
|Invoice factoring||$10,000 to $5 million||6 months to 10 years|
Pros and cons
Consider these factors before filling out National Business Capital’s online form:
- No restriction on industry
- Specialized funding for cannabis-based businesses
- Quick turnaround of one to three business days
- Large suite of additional business services
- High annual sales requirement of $120,000
- APR range not specified online
- May receive unsolicited marketing materials and loan offers
See other top business loan options
If you’re not sure about National Business Capital, compare your options by selecting your annual revenue, time in business and personal credit score.
Does National Business Capital get good customer reviews?
|BBB customer reviews||4.7 out of 5 stars, based on 29 customer reviews|
|Trustpilot Score||4.9 out of 5 stars, based on 524 customer reviews|
|Customer reviews verified as of||14 July 2020|
National Business Capital receives high praise from customers — which is unusual for a connection service. Many reviewers are pleased with the speed and customer service, and there are only two recent negative reviews.
How do I fill out the online form?
National Business Capital has a simple one-page form to help you get started.
- Visit National Business Capital’s website and click Get funded.
- 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 happens after I submit my information?
A representative from National Business Capital will contact 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.
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.
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.