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National Funding Expands to Keep Pace With SMB Demand

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Date: Nov 20, 2015 @ 07:14 AM
Filed Under: Industry News

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 22,097 to 44,194 square feet -- encompassing the entire two-story building. With this expansion, management projects employment levels to increase from its current 167 employees to 273 employees.

The investment reflects the 172% growth National Funding has seen over this last three-year span. With the employee occupancy maximum up to 273, the goal is to expand its ability to provide working capital, merchant cash advances, and equipment financing to small businesses nationally.

When asked about the expansion and what it means for National Funding, Chief Executive Officer David Gilbert said, “Planning the new facility is a reflection of our continued belief in small business, and our preparation to handle the growth that the company is experiencing. The Irvine Companies Office Properties space in the UTC area provides easy access to professionals. We’re located in a prime business destination near local universities and urban amenities. It’s an ideal environment to fuel our growth in people and innovative financial products.”



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