National Business Capital

Best for: Established companies with at least a year of history and $500,000+ in annual revenue that need $250,000 or more and want one team to shop their file across many lenders.

Not for: Startups, businesses needing under $250,000 (Finder reports partner deals from $100,000), or anyone who wants a published rate before applying. National Funding or Lendio serve smaller requests.

Lender List verdict: National Business Capital is a loan marketplace, not purely a direct lender: it places deals of $250,000 to $15 million with a 75+ lender network and says it funds some itself. Its own guide points to about 12% to 18% a year plus 2% to 5% in fees, about 16.1% to 28.5% APR in our example, but you only see your price after underwriting.

National Business Capital at a glance

National Business Capital arranges business financing from $250,000 to $15 million through its own funding and a lender network.

What is National Business Capital?

National Business Capital is a Hauppauge, New York, financing marketplace founded in 2007 that matches mid-sized businesses with offers from its own capital and a network of more than 75 lenders.

It reports more than $3 billion funded. Its FAQ claims direct lending up to $15 million, but Finder and Business.org call it a matching service, so treat it as a broker-marketplace that may also fund.

How National Business Capital works

National Business Capital takes one soft-pull application, underwrites your cash flow, and returns offers from its own products or partner lenders, usually deciding in 24 to 72 hours.

• Cash flow financing: A flat cost, no collateral, and repayment tied to your revenue cycle.
• Speed: Deals up to $250,000 can close within hours, per its FAQ; larger deals take days.

National Business Capital rates and fees: what it really costs

National Business Capital publishes no rate card; its FAQ puts unsecured deals at around 1% a month (12% to 18% a year), plus 2% to 5% in combined fees.

• Charged: interest or a flat cost, plus origination, processing, filing and closing fees
• Bank-style deals: generally Prime + 2%, depending on collateral
• Early payoff: no penalty on cash flow financing; equipment deals may carry penalties
• Not disclosed: factor rates, holdback percentages, UCC lien policy, or a maximum cost

Worked example: borrow $250,000, the smallest deal it targets, repaid weekly over 12 months. At 12% a year with a 2% fee, you pay $5,107.46 a week, $265,587.93 in all; with the $5,000 fee, the total cost is $20,587.93, about 16.1% APR. At 18% with a 5% fee, payments rise to $5,261.65 a week and the cost to $36,105.92, about 28.5% APR. Assumes amortizing payments; fee deducted at funding.

Merchant cash advance rules that protect you

National Business Capital offers to New York businesses of $2.5 million or less must show an estimated APR, finance charge and payment schedule under the state's Commercial Finance Disclosure Law (since August 1, 2023). California, Utah and Virginia have similar disclosure laws, and Virginia covers sales-based financing only. National Business Capital was on Virginia's sales-based financing registrant list in June 2024. It publishes no stacking or confession-of-judgment policy.

National Business Capital requirements

National Business Capital wants at least one year in business and $500,000 in annual revenue; its FAQ cites $600,000, and equipment financing is exempt.

Underwriting focuses on cash flow and business performance, not assets.

Pros and cons

National Business Capital's strength is large, fast deals; its weakness is late-stage pricing.

Pros

• Handles $250,000 to $15 million, larger than most online lenders
• One soft-pull application reaches its own funding and 75+ lenders
• Many products fund in 24 to 48 hours
• Trustpilot 4.9/5 from 2,774 reviews; BBB A+ and accredited

Cons

• No published rates, factor rates or maximum cost
• $250,000 minimum and $500,000 revenue floor shut out small businesses
• Unclear whether your offer comes from NBC or a partner

National Business Capital vs. Lendio vs. National Funding

National Business Capital goes up to $15 million, versus $5 million through Lendio's partners and $500K at National Funding.

Lendio and National Funding figures are from their own sites or Bankrate, checked 2026-10-26.

Choose National Business Capital for $250,000+. Choose Lendio for smaller offers. Choose National Funding for a direct lender under $500K.

National Business Capital alternatives on Lender List

The closest National Business Capital alternatives are marketplaces Lendio and Fundera, plus direct funders National Funding and Biz2Credit.

• Lendio — free marketplace for $1,000 to $5,000,000
• National Funding — direct working capital up to $500K
• Biz2Credit — direct revenue-based financing up to $6M
• Fundera by NerdWallet — marketplace for term loans up to $5 million
• Browse all merchant cash advance providers on Lender List

Frequently asked questions about National Business Capital

National Business Capital is a legitimate New York financing marketplace operating since 2007.

Is National Business Capital Legit? Yes. National Business Capital has operated since 2007 from Hauppauge, New York, reports more than $3 billion funded, and holds a BBB A+ rating as an accredited business. It was a Virginia sales-based financing registrant in June 2024, and Trustpilot shows 4.9/5 from 2,774 reviews. We found no regulatory actions.

Is National Business Capital a Direct Lender or a Broker? Both, in practice. Its FAQ says it can fund up to $15 million directly, but it also sends files to a network of 75+ lenders, and Finder says it does not lend directly. Ask who the funder is and whether a broker fee is in the 2% to 5% charge.

What Does National Business Capital Need to Approve You? At least one year in business, $500,000 in annual revenue ($600,000 per its FAQ), and six months of bank statements, plus tax returns, financial statements and formation documents. Equipment financing is exempt from the time and revenue minimums, and there is no stated credit-score floor.

How Fast Does National Business Capital Fund? Within 24 to 48 hours for term loans and cash flow financing, and within hours for up to $250,000. Deals of $1 million to $15 million take 3 to 7 business days, equipment 3 to 10 days, and bank or SBA loans about 90 days.

How Do You Pay Back a National Business Capital Loan? On a schedule set by the product: daily, weekly, bi-weekly or monthly. Term loans and equipment financing are paid weekly or monthly, while cash flow financing repayment follows your revenue cycle. Cash flow financing has no prepayment penalty, and early repayment can lower term-loan cost.

What Happens If My Sales Drop? It depends on the product. Cash flow financing ties repayment to your revenue cycle, but term loans carry fixed weekly or monthly payments that do not fall with sales. Ask before signing whether payments can be adjusted.

Does National Business Capital Do a Hard Credit Pull? Not to approve you. National Business Capital uses soft credit pulls for approvals and says it will tell you upfront if a specific offer requires a hard inquiry. Its cash flow financing has no business credit score requirement, and it publishes no personal score minimum.

Last verified 2026-10-27. Pricing and terms are provider-stated or third-party-reported and vary by offer; confirm with the lender before applying.