National Funding helps small businesses by offering short-term loans, cash advances, and equipment leasing programs. We compiled National Funding reviews from our own website plus user reviews from around the web to determine what National Funding customers think about the company. We also covered the fees associated with taking out a loan.
National Funding Customer Reviews
Customer Service: Average
Summary of User Reviews
We scoured hundreds of reviews and found that National Funding has a mixture of positive and negative ratings. Here’s what we found:
What National Funding does well:
Positive reviewers who applied for a loan found that National Funding’s process is quick and easy – most users said they received their money fast, which was helpful for their business.
What National Funding does not do well:
Most complaints came from people who were annoyed with National Funding’s marketing tactics. This consisted of sending unsolicited loan offers complete with filled out application forms with all their business information. This came across as unethical and scary for a lot of people.
Most Helpful Positive User Review
“I needed a loan for business expenses and debt consolidation, so I contacted National Funding. The service provided by National Funding exceeded my expectations; my loan was funded in record time and with no problems or complications. The business financing consultant, who I worked with, Fernando, was very professional, helpful, understanding, and always willing to answer any of my questions. I felt very comfortable with the entire process. I would definitely use National Funding again and I will certainly recommend them to anyone in need of business financing. It was one of the most pleasant and timely financial transactions I’ve ever experienced. In my opinion all was perfect, from the first call to receiving my loan and everything thereafter and in between.”
— Dr. Raluca Sandler, DDS
Most Helpful Negative User Review
“I received an unsolicited credit card in the mail with my business name on it and all the information to call in and activate. Of course there are a slew of disclaimers in the small print, but I can’t help but wonder that just maybe an adept thief could benefit from acquisition of this card. I am also concerned that others may have gotten a card similar to mine. Where is my protection? There is something definitely wrong with this and why hasn’t this site been more honest about this threat?”
— Beyond Renovation LLC
Other National Funding User Reviews From Around the Web
Here are a few other resources for finding helpful National Funding customer reviews. We rated the review sites on a scale from poor to excellent based on how trustworthy and useful the reviews seemed.
*Average rating as of date article was written: Feb. 14 2017
How We Determined Quality of User Review Websites
- Better Business Bureau is a consumer protection watchdog that rates and reviews businesses. It has several reviews and complaints about National Funding. Readers can see details about the complaints, and how it was resolved, if applicable.
- Merchant Maverick gives readers a comprehensive review about the service, which not only contains opinions about its features and fees, but also gives other information that is important for potential consumers of the service. While the staff review features only one person’s perspective, the website has a comments section where users can share their opinions as well.
- Trustpilot has tons of reviews on the service, however most reviewers were asked by National Funding to leave the review. This can positively skew the ratings as a company typically only asks customers who had a positive experience to leave a review.
National Funding Pricing & Other Details
|National Funding Fees|
|Borrowing amount||$5,000- $500,000|
|Merchant Cash Advance||Yes|
National Funding allows small businesses to borrow anywhere from $5,000- $500,000, as long as they meet their requirements. Businesses have to be at least a year old, with annual gross sales of at least $100,000.
Since most of National Funding’s transactions are customized specifically for each user, details like repayment periods and additional fees are difficult to come by. For a customized quote, you will need to contact National Funding directly.
Aside from National Funding’s loan offers, they also provide cash advances and equipment leasing. Users can get an equipment lease as long as they have a FICO score of 620 and above, and have been in business for over 6 months. The business then sends National Funding a quote from the vendor to get the process started.