National Business Capital Review: A Lending-Advisory Service For Small Businesses
If you don't have the time or the perfect credit to search for an ideal loan, you can save a lot of time and hassle with National Business Capital's lending-advisory service.
National Business Capital

Total Rating | 4.5 |
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Terms & Fees | Fair |
Application Process | Excellent |
Sales & Advertising Transparency | Good |
Customer Service | Excellent |
User Reviews | Excellent |
National Business Capital At A Glance
- National Business Capital is an aggregator service that allows businesses to apply to multiple lenders at once with a single application
- Like many services of its kind, National Business Capital can save applicants time and effort
- While convenient, aggregator services may raise the overall cost of borrowing even if the applicant isn’t directly charged a fee for service
Pros
- Borrower qualifications are lower than with banks
- Financing is available to qualified startups
- High borrowing amounts
- Long-term financing options available
- The application process is fast and easy
- Customers have an assigned account manager
Cons
- Rates can be expensive
- May require collateral/blanket lien
Table of Contents
- What Is National Business Capital?
- Services Offered By National Business Capital
- Borrower Qualifications
- National Business Capital’s Terms & Fees
- Application Process
- Sales & Advertising Transparency
- Customer Service & Technical Support
- National Business Capital User Reviews
- Is National Business Capital Right For Your Small Business Lending Needs?
What Is National Business Capital?
National Business Capital’s lending advisory service links small business applicants to one of its 75+ lending affiliates.
Services Offered By National Business Capital
National Business Capital offers a number of different forms of financing:
- Business Term Loans: These are traditional loans where you receive a lump sum from your lender and then pay off your principal plus interest over a set timeframe called your “term.”
- Business Lines Of Credit: Rather than giving you a lump sum, a line of credit establishes a credit limit, which represents the maximum amount of money you can borrow during a set draw period. You can usually draw upon your line of credit as often as you want so long as the total amount you’ve borrowed does not exceed your credit limit.
- Equipment Financing: Loans and leases specialized for helping businesses acquire tangible, productive assets. The equipment financed usually serves as collateral.
- SBA Loans: These are loans that the Small Business Administration partially guarantees. The guarantee allows you to receive better rates and terms than you’d otherwise qualify for.
Borrower Qualifications
These are the preferred prerequisites to qualify for funding through National Business Capital:
Time In Business | 1 year |
Credit Score | 580 |
Revenue | $120K in gross annual revenue |
Businesses that don’t meet those benchmarks may still be able to qualify through the lender’s alternative programs.
National Business Capital can work with businesses in all 50 states, Canada, Puerto Rico, and the UK. Note that certain products, such as SBA loans, may have different borrower qualifications. Equipment financing is available to new businesses less than a year old if they have credit scores of 650 or higher.
Notably, National Business Capital does work with businesses in the cannabis industry so long as they’ve been in business for at least a year.
National Business Capital’s Terms & Fees
Small Business Loans
Here are the terms for National Business Capital’s small business loans:
Borrowing Amount | $10,000-$5 million |
Term Length | 1-4 years |
Factor Rate/Interest Rate | Starts at 8% |
Origination Fee | Varies by lender |
Collateral | Dependent on loan |
National Business Capital’s affiliates offer a broad range of term loans, from short-term to medium- and long-term loans. Term loans arrive in a single lump sum, frequently have origination fees, and are paid back at regular intervals (usually daily, weekly, or monthly).
National Business Capital’s affiliates offer both secured and unsecured loans, meaning they may or may not require collateral. Depending on the lender, you may have to sign a personal guarantee.
Business Line Of Credit
Here are the terms for National Business Capital’s business lines of credit:
Credit Limit | $25,000 $5 million |
Term Length | 6 months-2 years |
Factor Rate/Interest Rate | Starts at 7% |
Origination Fee | Varies by lender |
Collateral | None |
Business lines of credit are more flexible than term loans. Think of them as similar to credit cards: You can draw from your line until you reach your credit limit. You only pay interest on the amount of credit you’ve used. As you pay down the principle, that credit becomes available again.
Companies tend to use business lines of credit either as insurance policies or to make periodic smaller purchases.
Make sure you get a comprehensive breakdown of the costs involved in maintaining a business line of credit, as some have access fees or annual maintenance fees.
Equipment Financing
Here are the terms for equipment financing through National Business Capital:
Borrowing Amount | $10,000-$5 million |
Term Length | 1-5 years |
Factor Rate/Interest Rate | Starts at 7.5% |
Origination Fee | Varies by lender |
Collateral | Typically the equipment purchased |
Equipment financing can take the form of an installment loan or a lease. Equipment loans are very similar to other types of installment loans, but they must be used specifically to buy a tangible, qualifying asset. In most cases, the asset will serve as security for the loan. The nice thing about this is it usually means lower rates and more favorable terms than an equivalent unsecured loan.
Leases are a bit more complex. They can be configured for ownership (capital leases) or renting (operating leases). Either way, you’ll make monthly payments for the duration of the lease. In the end, you’ll pay a residual fee ranging from $1 to the equipment’s fair market value if you want to keep it. If your lease allows you to return your equipment, you can do that instead.
SBA Loans Through National Business Capital
Here are the terms for SBA loans made through National Business Capital:
Borrowing Amount | $50,000-$5 million |
Term Length | 10-25 years |
Factor Rate/Interest Rate | SBA loan rates |
Origination Fee | SBA fees + any lender fees |
Collateral | Varies by type |
The Small Business Administration (SBA) doesn’t directly lend to businesses, but it does help qualifying businesses access better rates by guaranteeing a percentage of the loan. That means you’ll not only be working with National Business Capital and its affiliate but also the SBA.
Be aware that most SBA loans take a long time to close, so they may not be the best option if you need money in a hurry.
Application Process
You can begin the application process online. National Business Capital keeps most of the supplemental documentation you need to submit to a minimum. In addition to the application, you’ll need to provide the last three months of your business’s bank statements. The company does not require tax return information, but it can’t hurt to have it handy.
After that, your National Business Capital business financing advisor may suggest ways to tailor your application to make it more attractive to the company’s pool of lenders. You’ll then be matched with as many offers as you qualify for. You can select one with input from National Business Capital.
Note that National Business Credit will do a soft pull on your credit.
Time to funding varies by the type of product:
- Business Loans: One to three days
- Lines Of Credit: One to three days
- SBA Loans: 30-75 days
- Equipment Financing: Two to five days
Sales & Advertising Transparency
National Business Credit provides a fair amount of information on its site, giving you a general sense of what to expect from each product. I’d have liked to have seen more information about fees and payments on the site, but since your application is being shopped around amongst affiliates, these may vary greatly.
You can use the provided loan calculators to get a very rough idea of what your payments will look like, but be aware that they don’t necessarily represent the rates you’ll be offered.
Customer Service & Technical Support
National Business Capital Support | Availability |
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Phone Support | |
Email Support | |
Support Tickets | |
Live Chat | |
Dedicated Support Representative | |
Knowledge Base or Help Center | |
Videos & Tutorials | |
Company Blog | |
Social Media |
National Business Capital’s customer service appears to be responsive and relatively knowledgeable. If you cannot get a representative immediately, one will generally get back to you in a reasonable amount of time.
National Business Capital User Reviews
Negative Reviews & Complaints
National Business Capital has maintained an A+ rating with the Better Business Bureau with zero complaints logged. Customer reviews on the site are overwhelmingly positive at 4.92/5 stars.
Some potential issues include:
- Communication: Many customer complaints revolve around confusion over policies or promises they believe salespeople made.
- High Rates: Some customers found National Business Capital’s rates to be high, a not-uncommon criticism of alternative lenders.
- Aggressive Marketing: Some customers complained about receiving frequent cold calls.
Positive Reviews & Testimonials
National Business Capital rates a 5 out of 5 Trustscore on Trustpilot, with 97% of the reviews ranging from “good” to “excellent.” Customers liked the following:
- The Options: National Business Capital offers many different products through its affiliates.
- Customer Service: Most customers speak well about the help they received from National Business Capital’s staff.
- Quick Turnaround: While not the fastest in the business, the speed of National Business Capital’s service was appreciated by many customers.
Is National Business Capital Right For Your Small Business Lending Needs?
National Business Capital is a comprehensive service willing to work with both young businesses and those with poor credit. And if National Business Capital isn’t the right fit for your business, check out our list of the best startup business loans for bad credit to find plenty of other options. Though the company seems to have dropped some of its products, the remaining ones cover a wide swath of business lending needs.
As with most services that link borrowers to funders, you’re unlikely to get the absolute best rates that you could if you laboriously comparison-shopped. On the other hand, if you don’t have the time — or the perfect credit — to find that ideal loan, you can save yourself a lot of time with National Business Capital.
Need alternatives? We can get you started with our list of best business loans.
The Merchant Maverick Seal of Approval 🏆
National Business Capital ![]() |
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After hours of in-depth research and evaluation, we can confidently recommend this brand to our readers. Get started today and see National Business Capital for yourself.
The Merchant Maverick Seal of Approval 🏆
National Business Capital ![]() |
---|
After hours of in-depth research and evaluation, we can confidently recommend this brand to our readers. Get started today and see National Business Capital for yourself.
Organization Name: Michael Thompson. Land. Design
I have had identy theft done to me and im about to lose eveey thing ive worked for.. can u help.
This comment refers to an earlier version of this review and may be outdated.
Hi Michael,
We are SO sorry to hear you are experiencing this! While identity theft is outside our areas of expertise, the IRS has provided some guidance. We hope this is helpful to you and we send you all our best!
This comment refers to an earlier version of this review and may be outdated.
Organization Name: Chase Transport Inc
Marina with national is great 👍see get it done
This comment refers to an earlier version of this review and may be outdated.
Organization Name: Visionwork Capital
Seeking international business funding. Business location in South Africa.
Kindly advise the most recommended funders.
Regards Brendon
This comment refers to an earlier version of this review and may be outdated.
Hi Brendon,
Unfortunately, we have not reviewed any lenders who lend to South Africa yet, so we can’t make any recommendations. If you happen to find a lender, please let us know so we can help other readers who may have the same question in the future. Good luck to you!
This comment refers to an earlier version of this review and may be outdated.