Finova Capital, LLC closed on a senior credit facility with a major specialty lender. The $30 million facility will be used to originate new equipment leases. Bob Neagle, CEO of Finova, noted the “addition of the new facility will allow us to finance...
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April 17, 2024, 07:20 AM
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National Funding is celebrating its 25th anniversary on January 27. It has provided over $4.5 billion in working capital and equipment leasing for SMBs nationwide.Ready to take on the traditional lending practices that made it difficult for small...
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January 29, 2024, 07:17 AM
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National Funding, one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, announced the San Diego Business Journal recognized CEO and founder David Gilbert in the finance section of its annual edition of the SD...
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December 28, 2022, 07:22 AM
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National Funding, Inc., one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, was named to four of Forbes Advisor’s Best of 2022 Awards, including “Best Working Capital Loans,” “Best Online Business Loans,”...
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November 16, 2022, 07:10 AM
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National Funding announced the hiring of Rob Rosenblatt as President of Business Loan Center LLC, National Funding’s new digital lending division. As a leader in providing financing for small- to mid-sized businesses (SMBs), National Funding is...
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November 02, 2022, 07:22 AM
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National Funding, one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, closed its second asset-backed securitization (ABS) for $125 million. Guggenheim Securities served as sole structuring advisor and the...
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October 05, 2022, 07:18 AM
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National Funding, Inc., one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, announced it has made a strategic growth investment in Finova Capital, a business lender focused on merchant finance and the...
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March 24, 2022, 07:19 AM
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National Funding, Inc., a specialty finance companies serving small- and medium-sized businesses, announced the recent renewal and upsize of a $100 million senior secured warehouse line of credit. The upsize includes an accordion to expand to $125...
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March 17, 2022, 07:10 AM
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National Funding announced the recent renewal and upsize of a $60.0 million senior secured warehouse line of credit. The facility, which includes an accordion to expand to $75.0 million, was provided by a prominent U.S.-based commercial bank. The...
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October 13, 2021, 07:08 AM
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National Funding, one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, closed its first asset-backed securitization (ABS) for $120 million. Guggenheim Securities served as sole structuring advisor and sole...
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September 04, 2019, 07:24 AM
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National Funding, a fintech lender of small and medium-sized business loans, announced Chief Technology Officer Geoff Howard received the San Diego Business Journal’s 2019 Top Tech Exec award in the Private Medium Company category. The publication...
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May 24, 2019, 07:07 AM
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National Funding, one of the largest private fintech lenders of small and medium-sized business loans, announced Joseph Gaudio, who was previously Chief Operating Officer, has been promoted to President. Gaudio will report directly to Founder and CEO...
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November 06, 2018, 07:30 AM
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National Funding, one of the largest private fintech lenders of small and medium-sized business loans, announced it has purchased QuickBridge, a leading alternative financial services firm offering working capital to small businesses (SMB) nationwide...
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October 03, 2018, 07:31 AM
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National Funding, announced it has received the San Diego Business Journal’s Fastest-Growing Private Company award six consecutive years. National Funding made the 2018 list based on its percentage of verified new growth from 2015 to 2017. With a...
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August 20, 2018, 07:00 AM
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EY announced that Founder and CEO David Gilbert of National Funding received the Entrepreneur Of The Year® 2017 Award in the Finance category in San Diego. The award recognizes entrepreneurs who are excelling in areas such as innovation, financial...
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June 15, 2017, 07:03 AM
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QuickBridge, a financial services firm serving small- to mid-sized businesses, is pleased to announce its support of National Funding’s effort to send first responders and members of the military to this year’s National Funding Holiday Bowl on...
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November 29, 2016, 07:08 AM
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National Funding was recognized by the San Diego Business Journal as one of San Diego County’s top 150 Fastest-Growing Private Companies based on its percentage of verified revenue growth from 2013 and 2015. With a reported 122.23 percent growth...
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August 24, 2016, 07:07 AM
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National Funding announced a three-year extension of its implementation of Salesforce, the Customer Success Platform and world's #1 CRM company. Since 2010, Salesforce Sales Cloud has been a key driver in National Funding's rapid growth, helping the...
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August 10, 2016, 07:10 AM
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National Funding announced that Torrie Inouye has been named the company’s president. Inouye will report directly to Founder and CEO Dave Gilbert.National Funding has experienced a 172% revenue growth surge over the past three years, bringing into...
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April 12, 2016, 07:07 AM
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National Funding announced that the company will partner with its hometown Major League Baseball team, the San Diego Padres. National Funding is the first FinTech company to become a sponsor of a Major League Baseball team.The partnership includes:...
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April 07, 2016, 07:14 AM
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National Funding announced that Bob Sweeney was named San Diego Business Journal's 2016 CFO of the Year in the Medium Privately-Held Company category. The award recognizes San Diego Chief Financial Officers for the roles they play in the success of...
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March 30, 2016, 07:05 AM
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National Funding announced the expansion of the National Funding Middle Market Lending team with the addition of Janice Ibey. She brings more than two decades of experience in commercial finance, advisory and management roles with financial services...
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March 10, 2016, 07:04 AM
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National Funding announced Ryan Freitas has been promoted to Director of Sales. He brings more than 15 years of sales experience in the financial services industry to his new role at National Funding. Freitas most recently served as National...
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February 25, 2016, 07:06 AM
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National Funding announced that industry veteran Geoff Howard has joined its executive team as Executive Vice President of Technology. Howard joins National Funding from Intuit during the company's fastest-growth period, which has experienced a 172%...
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February 10, 2016, 07:00 AM
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For the first time ever, a major FinTech company and small business lender, National Funding, has announced that it will be the title sponsor of the 2015 Holiday Bowl in San Diego. The National Funding Holiday Bowl pits USC versus Wisconsin. ...
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December 17, 2015, 07:00 AM
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National Funding announced that it is forecasting a record-breaking year in revenue, funding, employee count and office growth. The company also announced that it signed a $75M lending facility with CapitalSource, a division of Pacific Western...
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December 10, 2015, 07:08 AM
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National Funding announced a multi-million dollar expansion to its center of operations in the Eastgate Technology Park in the University Towne Centre® (UTC) area of San Diego. National Funding has increased its current physical headquarters from...
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November 20, 2015, 07:14 AM
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National Funding announced that it has secured additional funding from its longtime bank partner, Wells Fargo. Wells Fargo Capital Finance will increase its line of credit up to $75 million, which will help fund small business, working capital and...
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October 13, 2015, 07:05 AM
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National Funding and Quick Bridge Funding announced Project Navigator, a joint venture that allows small business loan brokers to present potential deals to two lenders at once. National Funding is one of the country’s largest private direct lenders...
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August 06, 2015, 07:19 AM
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National Funding announced its expansion into the middle market lending segment and will now target medium-sized businesses that are in need of financing from $250,000 to $1 million.Previously, National Funding had focused primarily on the small...
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March 12, 2015, 07:00 AM
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National Funding, one of the country’s largest private lenders of small business loans, released the findings of a new survey on the holiday season outlook among small business owners, which found that over a quarter of small business owners are...
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November 17, 2014, 06:50 AM
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National Funding announced the re-hire of Torrie Inouye as Director of Business Intelligence and Analysis. As Director of Business Intelligence and Analysis, Ms. Inouye will oversee all business intelligence, working with the company’s executive team...
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October 16, 2014, 06:50 AM
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National Funding, one of the country’s largest private lenders of small business loans, announced that on July 31, 2014, the company entered into a Loan and Security Agreement deal with CapitalSource, a division of Pacific Western Bank. CapitalSource...
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September 09, 2014, 07:06 AM
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National Funding, a small business financial services company, has named Philip Lancashire Working Capital Sales Manager and Carlos Ituarte Equipment Leasing Sales Manager. As National Funding’s Working Capital Sales Manager, Philip Lancashire is...
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November 06, 2013, 07:01 AM
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National Funding signed on with Thunder SEO, an interactive marketing agency in San Diego, California and will be focusing on growing their local presence in multiple locations across the country by optimizing their website and incorporating link...
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July 09, 2013, 06:50 AM
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National Funding has appointed Bob Sweeney Chief Financial Officer. With 27 years in the financial service industry, Sweeney is recognized as a valuable corporate leader for the continued growth and success of National Funding. As National Funding’s...
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June 10, 2013, 06:55 AM
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