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 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, 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 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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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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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 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 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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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 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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Five Point Capital continues to hire and train sales specialists to meet the demand for additional sources of financing in the small business community. This month, the company added another group of sales representatives, its fifth such group within...
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January 28, 2013, 07:15 AM
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