TopConsumerReviews.com is a world-leading consumer product review site. We provide detailed reviews and ratings for thousands of products and services.

 

National Business Capital Review

We recommend

 

Disclosure: We are not compensated by companies for their reviews, but we may be compensated for links and advertisements on our website. Click here for details.

 

NATIONAL BUSINESS CAPITAL

National Business Capital is a well-known source for business financing, both in terms of small business loans and other products, such as equipment financing, business lines of credit, and more. Since their start in 2012, their clients have come from nearly every industry, including Transportation, IT companies, Hospitality Services, and Construction/Contracting, regardless of their credit background. Nearly 70% of their clients were first turned down by traditional banks prior to their approval by National Business Capital, which is evidence of their strong commitment to helping businesses get the financing they need, even during times of economic instability in the nation.

One terrific feature of National Business Capital's process is that approval takes less than 24 hours. After completing a brief application that includes the business' name, approximate monthly sales, and purpose of the loan, applicants can expect contact from one of National Business Capital's Business Consultants within a day.

Unfortunately, this lender does not make it easy to determine more specific information about their lending programs, such as minimum or maximum loan amounts, loan terms, or interest rates. Using their Loan Calculator on the Small Business Loans page, we could assume that loans range from $10,000 to $3,000,000, that business need to have been in operation for at least a year, and monthly gross sales must equal at least $10,000 (because the sliders don't go below those amounts), but it appears that individuals seeking funding will need to speak with a representative to get more detailed information. We had to turn to a newspaper article to determine that interest rates begin around 9%, as reported by president Joseph Camberato. We would have liked to see more transparency with their programs' details, especially for those who may be hoping to create a new business and are often turned down by other lenders.

We do appreciate the fact that National Business Capital is an accredited business with the Better Business Bureau and carried an A+ rating at the time of our review with only two registered customer complaints in the last 12 months. There are also a number of compelling testimonials on the site that show great attention to customer service, success in securing funding even for struggling businesses, and repeat customers who have been thrilled with the process of obtaining funding through this lender.

Ultimately, National Business Capital earns good marks: they appear to be a reputable lender dedicated to helping business owners across the spectrum to get the funding they need, even during times of financial difficulty. We'd gladly improve this rating with more details regarding their loan terms, particularly interest rates and other fees.

Visit Site >


Business Loans

To help you find the Best Business Loans, TopConsumerReviews.com provides you with an in-depth National Business Capital Review.

With all the difficulties in today's economy, many people are choosing to open their own business instead of working for a traditional employer. Whether you're just starting your business, expanding your already-established business, or even hanging out a shingle as an online company, it's likely that at some point you'll need a business loan to successfully meet your customer's needs and your business goals.

In the past, small business owners relied heavily on traditional brick-and-mortar banks in order to finance their business loans. Often that meant that borrowers had to rely on their own reputation and relationship with their local bank. Getting the lowest possible interest rate was also more challenging, since there were few lending options from which to choose.

Fortunately, business owners today can choose among many lenders to find the best terms and interest rates available. In addition to the old local options, small business borrowers now have much more and better choices through various lenders on the Internet that specialize in small business loans.

There are many factors that you should consider before selecting a lender for your business loan. Some of these include:

  • Loan size and rate. How much will you be allowed to borrow? What interest rates do they typically offer on loans of that size?
  • Loan application process. When applying for your business loan, can it be completed online? Is the lending process easy and straightforward?
  • Requirements for business history. Can a brand-new business take out a loan, or is there a minimum time that the business must have been in operation in order to qualify? What other verification and/or collateral is required to secure the loan?
  • BBB rating. Does the lender have an established history of good business practices?

TopConsumerReviews.com has reviewed and ranked the best Business Loan programs available today. We hope this information helps you find the best loan for your small business at an affordable rate!



Business Loans In The News

Everything You Need to Know About Personal Business Loans

If you're planning to start a business, you'll obviously have to face a lot of hurdles. One of the biggest hurdles you'll have to clear is to get funding for your business. According to a survey condu...

Published:  Tue, 11 Dec 2018 00:03:00 GMT



Business loan approvals rise for banks, while institutional lenders, alternative lenders and credit unions dip slightly

NEW YORK, Dec. 11, 2018 (GLOBE NEWSWIRE) -- Small business loan approval rates for big banks reached another record high in November 2018, according to the Biz2Credit Small Business Lending Index ...

Published:  Tue, 11 Dec 2018 05:44:00 GMT



China November loans top forecasts but other credit gauges at record lows

BEIJING (Reuters) - China's banks extended more new loans than expected in November after a sharp ... types of financing despite indications that it is weighing on broader business activity. TSF inclu...

Published:  Tue, 11 Dec 2018 02:39:00 GMT



Modi may announce loan waivers to woo farmers after drubbing in state polls

About seven state governments have promised to write off farm loans worth Rs 1.8 trillion. Low food prices, export curbs, anti-inflation policies that keep rural incomes low and a broad shift from sub...

Published:  Tue, 11 Dec 2018 21:25:00 GMT



Reaching New Heights: Aclaro adds AI Loan Repayment Risk Management Product to its Relationship-Building Tech Solutions

Key components include a full Web based Business Intelligence Front End solution and subsecond decisioning of an active loan. It's based on a combination of 100+ individual variables associated with b...

Published:  Tue, 11 Dec 2018 11:06:00 GMT




We recommend

 

- View Full Site -