How to apply
When you go to a website, click the "Apply Now" button, and fill out an online application form, you'll be taken to the online application process. You'll be asked to provide basic information about yourself, including your name and contact information, and your business details, like annual gross sales. When you apply for a loan, National Funding will require you to provide your business name, address, and Tax Identification Number. Choose the loan amount you wish to borrow: under $250k, $250k-$999K, or over $1m.
Enter the National Funding Card number if you already have it.
After completing the form, the user will be able to submit it for review. National Funding will then contact the user to discuss their loan options and provide further instructions.
Requirements
National Funding provides small businesses with short-term loans in a variety of sectors. National Funding provides loans for:
People that are the aged 18;
Citizens of the United States;
Customers having a stable source of income;
Clients having a credit score of 600 and higher.
Application details
If you're applying for small business loans or working capital loans from National Funding, you'll need to submit some documentation along with your application. The required documentation may vary depending on the type of loan you're applying for.
In addition, here are some of the most common reasons small businesses are rejected for funding:
Bad credit history
Insufficient revenue
You are recently in business
Unclear business plan.
National Funding requires borrowers to provide bank statements and tax returns from the past three years for short-term loans. For longer-term loans, National Funding may also require financial projections and other business plan documentation.
Contact the company if you're unsure what papers you'll need to submit with your loan application.
