| ✅ Key Point | 📌 Details |
|---|---|
| 🏦 What is National Business Capital? | A business loan marketplace that connects small business owners to 75+ lenders with one streamlined application. |
| ⚙️ How it Works | Submit an online application, provide business details, and work with a dedicated advisor to compare offers from multiple lenders. |
| 💰 Loan Products | Offers SBA loans, term loans, lines of credit, equipment financing, merchant cash advances, accounts receivable financing, inventory financing, purchase order financing, and subordinated debt. |
| 📊 Qualifications | Requires $500,000+ in annual revenue; SBA loans need a 685+ credit score; equipment financing requires a 700+ credit score. |
| ⏱ Funding Speed | Funding can be as fast as 24–48 hours for cash-flow loans; larger and SBA loans take several weeks. |
| 👍 Pros | Fast funding, a wide range of loan options, high approval rates, a dedicated business finance advisor, no upfront fees, and a strong online reputation. |
| 👎 Cons | Higher interest rates compared to traditional banks; some complaints about aggressive sales tactics; not a direct lender. |
| ⭐ UCS Rating | 4.5 out of 5 – a reliable business loan marketplace with a stellar reputation and diverse product suite. |
For many small business owners, securing business financing can feel like a full-time job. Between preparing documents, filling out lengthy applications, and comparing offers, the process often consumes the time entrepreneurs need to run their businesses. That’s where financial technology (fintech) lending marketplaces come in. Platforms like National Business Capital simplify the process by allowing business owners to apply to multiple lenders with a single application, thereby saving them valuable time and potentially gaining access to more flexible funding options.
However, before entering any business loan marketplace, it’s crucial to understand how the company operates, what products it offers, and whether it’s a good fit for your business needs. High approval rates and fast funding can be appealing, but business loan interest rates, repayment terms, and lender requirements vary widely. A careful review ensures that you don’t commit to financing that doesn’t align with your long-term goals.
In this review, we’ll explore how National Business Capital works, the pros and cons, and the application process to help you decide if it meets your needs. Specifically, we’ll answer these questions and more:
National Business Capital (NBC) is a business loan marketplace that connects small business owners to its extensive network of over 75 lenders through a single streamlined application. Founded in 2007 and headquartered in Hauppauge, New York, NBC has grown into one of the most recognized names in small business financing.
National Business Capital acts as a marketplace connecting clients with multiple lenders. Unlike a direct lender, NBC doesn’t issue loans itself. Instead, it matches businesses with financing options tailored to their needs. By working with banks, credit unions, and alternative business lenders, NBC enables entrepreneurs to compare offers across a broad range of loan products.
National Business Capital is known for fast business funding, with approvals possible in as little as 24 hours. The company’s emphasis on speed and convenience makes it particularly attractive to business owners who need working capital quickly or who want to avoid the lengthy processes associated with traditional banks.
Over the years, National Business Capital has helped entrepreneurs access over $2 billion in capital since 2007. Its services are available nationwide, covering a wide range of industries, including healthcare, retail, construction, and professional services.
At its core, NBC offers a streamlined process for small business owners who want to avoid wasting time applying to multiple lenders individually. By submitting one online application and business details, borrowers gain access to NBC’s network of business lending partners. NBC assigns a dedicated advisor to business owners to coordinate the loan process, answer questions, and ensure a smooth experience.
National Business Capital offers a variety of business loan options, including SBA loans and equipment financing. Each loan product is designed to address different business needs, from purchasing inventory to covering daily sales fluctuations.
Below, we’ll explore each financing solution offered through NBC.
NBC provides two types of term loans: cash-flow financing and asset-based term loans. Cash-flow financing term loans are based primarily on a business’s revenue, allowing for quick funding with minimal collateral requirements. Asset-based term loans, on the other hand, rely on collateral such as equipment or real estate, and they typically have longer terms and higher loan amounts.
These business loans can be used for business growth initiatives, refinancing, or covering significant expenses with predictable repayment terms.
A business line of credit offers flexible access to working capital. Business owners can draw funds when needed and only pay interest on the amount used. NBC offers both cash-flow and asset-based lines of credit, providing clients with flexibility depending on whether they prefer speed or larger secured financing.
NBC’s equipment financing options enable businesses to purchase or lease essential equipment without depleting their cash reserves. Equipment financing through NBC requires a minimum credit score of 700. This product is especially popular among industries such as construction, manufacturing, and healthcare, which rely on costly machinery.
With accounts receivable financing, businesses can borrow against unpaid invoices, converting outstanding receivables into immediate cash. This option helps manage cash flow during periods of delayed customer payments.
NBC also offers inventory financing, allowing companies to utilize their existing stock as collateral to secure capital. Seasonal businesses often use this product to prepare for peak demand periods.
Purchase order financing enables businesses to fulfill large customer orders without straining their cash flow. This type of financing pays suppliers upfront, allowing the companies to fulfill contracts and ensuring that growth opportunities aren’t missed.
NBC collaborates with lenders to offer Small Business Administration (SBA) loans, which are partially guaranteed by the government and typically offer lower interest rates and longer repayment terms.
SBA 7(a) Loans: The SBA 7(a) program is the most popular option, offering versatile funding for working capital, debt refinancing, and expansion projects. These loans are best suited for businesses with strong financials and a solid credit history.
SBA 504 Loans: The SBA 504 program focuses on fixed assets, including commercial real estate and major equipment purchases. With longer repayment terms, these loans are ideal for businesses investing in long-term growth.
Merchant cash advances (MCAs) are a type of revenue-based financing where repayment is made from a percentage of daily sales. While fast and accessible, MCAs are typically more expensive than other business loans.
NBC also facilitates subordinated debt financing, typically used by larger businesses to restructure capital or finance acquisitions.
Every loan product has different eligibility standards, but NBC makes financing accessible compared to traditional banks.
Here’s a summary table:
| Loan Product | Minimum Credit Score | Annual Revenue Requirement | Documents Required | Funding Speed |
|---|---|---|---|---|
| Cash-Flow Term Loan | Flexible | $500,000+ | Bank statements | 24–48 hours |
| Asset-Based Term Loan | Flexible | $500,000+ | Financial statements | 2–3 weeks |
| Business Line of Credit | Flexible | $500,000+ | Bank statements | 24–48 hours to 2–3 weeks |
| Equipment Financing | 700+ | $500,000+ | Equipment details + credit | 2–8 weeks |
| SBA Loans | 685+ | $500,000+ | Full SBA package, tax returns | Several weeks |
| Merchant Cash Advance | Flexible | $500,000+ | Daily sales statements | 1–3 business days |
National Business Capital offers both cash-flow and asset-based financing, providing business owners with flexibility depending on their collateral and financial profile. Cash-flow financing relies on revenue and can fund quickly, while asset-based financing leverages collateral and may provide larger amounts with longer repayment terms.
The company serves a diverse range of industries, including retail, healthcare, trucking, and construction. NBC’s products are available in all 50 states, making it a nationwide option for small business financing.
NBC and most of its lending partners perform soft credit pulls, which do not impact your credit score. If a hard credit inquiry is required, NBC informs you before proceeding.
The company advertises the ability to fund up to $250,000 within hours, while larger deals and SBA loans typically take longer. It’s essential to note that NBC is a marketplace, not a direct lender. While this saves time and offers more choices, it may also result in higher interest rates compared to traditional banks. Still, customer reviews are primarily favorable.
NBC does not charge upfront fees for applying for or getting a business loan approved. According to online feedback, the funding process was often described by customers as fast and seamless. NBC has a high approval rate, accommodating businesses with less-than-perfect credit. Many reviewers note that consumers appreciate the clear and direct communication from National Business Capital. Customers report high satisfaction with National Business Capital’s overall customer service.
National Business Capital offers a business loan affiliate program. ISOs and business loan brokers can partner with the marketplace to provide its products and services.
Applying to NBC is straightforward thanks to its online business loan application and streamlined process. Here’s how it works:
Complete the digital form on the NBC website, providing business details such as revenue, industry, and the desired business loan amount.
Depending on the loan product, you may be required to upload bank statements, tax returns, or other business financial documents.
An NBC business finance advisor contacts you to review options, answer all your questions, and explain next steps.
Your advisor presents offers from NBC’s network of lenders, allowing you to compare loan terms and repayment options.
Once you select an option, you complete the closing process and receive funding—sometimes in as little as 24 hours.
After funding, repayment structures vary. Some products require daily, weekly, or bi-weekly payments, while others (like SBA loans and equipment financing) use monthly schedules.
Specific loan products, such as SBA loans and some equipment financing deals, have prepayment penalties. However, others offer prepayment incentives, allowing businesses to save money by paying off early.
Ongoing support is available—borrowers maintain access to their advisor and can contact them at any time with questions or for assistance with future financing needs.
One of the most significant advantages of NBC is its fast funding. Many businesses report receiving money in their business bank account within 24–48 hours. The dedicated advisor model also adds value, ensuring entrepreneurs get expert advice throughout the entire process.
The marketplace structure enables businesses to access multiple lenders and a wide range of loan options without having to submit separate applications. Customers consistently praise the company’s service, highlighting its efficiency and clear communication.
For companies with substantial revenues but less-than-perfect credit, NBC’s high approval rate can be a lifesaver.
The primary disadvantage is cost. National Business Capital has higher interest rates compared to traditional banks. This isn’t unique among online marketplaces, but businesses focused strictly on the lowest rates may find better deals elsewhere.
Some reviews also mention aggressive sales tactics or occasional confusion around eligibility requirements. And since NBC is not a direct lender, final loan terms ultimately depend on the individual lender chosen.
Pros:
Cons:
Yes. NBC is a legitimate small business loan marketplace that has been in operation since 2007. It is Better Business Bureau (BBB) accredited with an A+ rating, a strong signal of credibility. The company has helped secure billions in funding and maintains an excellent reputation across multiple review platforms.
Customers generally describe NBC as professional, responsive, and efficient. Customers have positively rated NBC’s services on platforms like Trustpilot, with a score of 4.9 out of 5 based on over 2,500 reviews. National Business Capital holds an A+ BBB rating, signifying its reliability.
Reviewers overwhelmingly had a great experience with National Business Capital. Many mention how customers appreciate the personalized attention they receive, making them feel like valued partners. The company’s staff is frequently commended for their knowledge and responsiveness. Reviewers highlight the team’s ability to secure funding quickly and efficiently.
On the downside, negative customer reviews mention aggressive sales tactics and a lack of clarity on eligibility requirements. Still, the overwhelming majority of reviews are positive.
NBC may decline applications due to low revenue, poor credit, insufficient documentation, or mismatched loan requests. If denied, applicants can request feedback from their advisor, who may suggest other financing options or help improve eligibility for future applications.
Fortunately, small business owners have a variety of lender options to consider. Many online lenders can provide fast funding. Other small business loan marketplaces (like UCS) can also help small business owners apply to multiple lenders with guided support.
You may be interested in one of the following small business loans:
National Business Capital is best suited for small businesses needing quick funding, flexible loan options, and support from a dedicated advisor. Its extensive network of lenders means clients can find solutions for a wide range of needs, from lines of credit to SBA loans.
That said, National Business Capital’s approach may not appeal to those preferring to work with a single lender. Likewise, businesses focused on securing the lowest possible interest rates may prefer other financing options.
We rate National Business Capital 4.5 out of 5. It’s a reliable small business loan marketplace with a stellar reputation and diverse product suite.
Disclaimer: The National Business Capital trademark is owned by National Biz, LLC, and its use herein is for reference purposes only, and it does not indicate sponsorship or endorsement from National Biz, LLC.
