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Announcements from National Funding

National Funding in the News

What's new and exciting at National Funding? It is all here in our Newsroom, from news and events to press releases. Be sure to check back frequently for updates.

Press Release - 10 04 2022

National Funding Closes $125 Million Securitization with Guggenheim Securities

October 04, 2022 07:50 AM Eastern Daylight Time  

SAN DIEGO--()--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 sole initial purchaser of



Press Release - 03 23 2022

National Funding Announces Strategic Growth Investment in Finova Capital

March 23, 2022 08:00 AM Eastern Daylight Time  

SAN DIEGO--(BUSINESS WIRE)--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 payments industry. National Funding’s significant investment in Finova comes on the heels of market



Press Release - 03 16 2022

National Funding Announces the Upsize of Its Bank Credit Facility to $100 Million

March 16, 2022 08:00 AM Eastern Daylight Time

SAN DIEGO--(BUSINESS WIRE)--National Funding, Inc., one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, announced the recent renewal and upsize of a $100.0 million senior secured warehouse line of credit. The upsize includes an accordion to expand to $125.0 million, which was provided by a prominent U.S.-based commercial bank.



Press Release - 03 23 2021

National Funding Recognized on Inc. Magazine’s List of California’s Fastest-Growing Private Companies

March 23, 2021 08:00 AM Eastern Daylight Time

SAN DIEGO–(BUSINESS WIRE)-National Funding , one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, is pleased to announce its recognition in Inc. magazine’s second annual Inc. 5000 Regionals: California. The list is the most prestigious ranking of California-based fastest-growing private companies.

National Funding ranked No. 208 with 67



Press Release - 01 06 2021

National Funding Makes 2020 San Diego Business Journal Fastest-Growing Companies List Ninth Consecutive Year

January 06, 2021 10:14 AM Eastern Standard Time

SAN DIEGO–(BUSINESS WIRE)–National Funding one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, is pleased to announce it ranked as one of San Diego’s Fastest-Growing Private Companies for the ninth consecutive year.

“National Funding is pleased to be recognized for the ninth consecutive year


Press Release - 12 15 2020

National Funding CEO David Gilbert Recognized as One of San Diego’s Most Influential People

December 15, 2020 10:00 AM Eastern Standard Time

National Funding, one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, is pleased to announce that the San Diego Business Journal recognized CEO and Founder David Gilbert in its November 30, 2020, annual edition of the SD500 | The Most Influential People in San Diego.



Press Release - 08 19 2020

National Funding is Inc. 5000 8-Time Honoree on America’s Fastest-Growing Private Companies List

August 19, 2020 11:00 AM Eastern Daylight Time

Based on its sustained growth National Funding is an Inc. 5000 fastest-growing private company.

SAN DIEGO–(BUSINESS WIRE)–National Funding, one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, is pleased to announce it is on the Inc. 5000, ranking No. 3575 with three-year revenue growth 104 percent. National Funding is on



Press Release - 09 26 2019

National Funding is Inc. 5000 7-Time Honoree on America’s Fastest-Growing Private Companies List

SAN DIEGO (BUSINESS WIRE)— National Funding, one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, is pleased to announce two recently

recognized growth milestones. National Funding made Inc. Magazine’s 2019 Inc. 5000 7-time Honor Roll, and the company was also recognized by the San Diego Business Journal as one of San Diego’s Fastest Growing Private Companies



Press Release - 09 04 2019

National Funding Closes $120 Million Securitization with Guggenheim Securities

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 initial purchaser of the notes. The facility has a 3-year revolving period, a 5-year legal final, and is expandable to $500 million.



Press Release - 05 22 2019

National Funding CTO Geoff Howard Receives Top Tech Exec Award in the Private Medium Company Category

SAN DIEGO – (BUSINESS WIRE)–National Funding, one of the largest fintech lenders of small- and medium-sized business loans, is pleased to announce CTO Geoff Howard received the San Diego Business Journal’s 2019 Top Tech Exec award in the Private Medium Company category. The Journal hosted its 12th annual awards program to honor outstanding San



Press Release - 03 20 2019

Fintech Leader National Funding is a Platinum Sponsor of Broker Fair 2019

SAN DIEGO – National Funding, one of the largest fintech lenders of small- and medium-sized business loans, announced today that it is proud to be a platinum sponsor of Broker Fair 2019, May 6 at the Roosevelt Hotel in New York City.

Kicking off with a Pre-Show Party on Sunday, May 5, the Broker Fair 2019 annual conference will be the



Press Release - 11 06 2018

National Funding Promotes Joseph Gaudio to President

SAN DIEGO, (November 6, 2018) — National Funding, one of the largest private fintech lenders of small and medium-sized business loans, announced today that Joseph Gaudio who was previously Chief Operating Officer, has been promoted to President. Gaudio will report directly to Founder and CEO Dave Gilbert. This appointment comes on the heels of the company’s acquisition of leading



Press Release - 10 03 2018

National Funding Promotes Justin Thompson to Chief Revenue Officer

National Funding, one of the largest private fintech lenders of small and medium-sized business loans, announced today that Justin Thompson who previously was Executive Vice President of Sales has been elevated to Chief Revenue Officer. This expanded role will now include responsibilities of developing the new Strategic Partnership vertical, in addition to his previous management of a one-hundred person sales division



Press Release - 10 02 2018

National Funding Acquires QuickBridge

National Funding, one of the largest private fintech lenders of small and medium-sized business loans, announced today that the company has purchased QuickBridge, a leading alternative financial services firm offering working capital to small businesses (SMB) nationwide. Today’s announcement bolsters both companies by combining back-end resources, including advanced technology, innovation and product development. Both companies will continue to operate independently.

National



Press Release - 09 19 2018

National Funding is Inc. 5000 6-Time Honoree on America’s Fastest-Growing Private Companies List

SAN DIEGO – With revenue growth of 142 percent over the past three years, National Funding joined 233 companies in the financial services sector and 126 companies in San Diego who appeared on the Inc. 5000 List of Fastest-Growing Private Companies. The financial services company has made this prestigious list for six consecutive years.

“Our year-over-year recognition on the Inc. 5000



Press Release - 08 20 2018

National Funding Named One of San Diego’s Fastest-Growing Private Companies Six Consecutive Years

SAN DIEGO — Financial technology company, 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 between 2015 and 2017. With a reported 59.6 percent increase in annual revenue, National Funding ranked No. 82.

National Funding was first



In The News - 09 15 2017

National Funding Appears on the Inc. 5000 List Five Times in a Row

National Funding makes Inc. magazine’s prestigious Inc. 5000 list five consecutive years reporting 185% growth from 2013 – 2016 for the new 2017 list.

SAN DIEGO, Calif.–(BUSINESS WIRE)–National Funding, one of the country’s leading financial technology companies for small and medium-sized businesses, ranked as one of the nation’s fastest-growing private companies on two prestigious lists. In July, the San Diego Business



Press Release - 06 15 2017

David Gilbert, CEO of National Funding, Named Entrepreneur Of The Year® 2017 Award Winner in San Diego by EY

David Gilbert joins three decades of groundbreaking entrepreneurs in the Entrepreneur Of The Year® 2017 Finance category.

SAN DIEGO, June 15, 2017 – EY today announced that Founder and CEO David Gilbert of National Funding, one of the country’s leading financial technology companies for small and medium-sized businesses, received the Entrepreneur Of The Year® 2017 Award in the Finance category



In The News - 12 18 2015

Holiday Bowl Gets Title Sponsor

There are easier ways to secure tickets on the 50-yard line for the Holiday Bowl, but perhaps none as imaginative as becoming the game’s title sponsor.

Holiday Bowl officials were prepared to play this year’s game, which matches Wisconsin and USC, without a sponsor’s name above the marquee.

That won’t be necessary now that National Funding, a local financial technology company,



In The News - 10 15 2015

Wells Fargo Capital Group to provide additional $45M to National Funding

Small business lender National Funding has secured an additional $45 million in funding from Wells Fargo Capital Finance. That brings Wells Fargo’s total commitment to $75 million.

National Funding CEO David Gilbert said the additional commitment will allow them to provide additional assistance to small businesses across the country. Mr. Gilbert described Wells Fargo as a “premier bank” to work with,



In The News - 10 06 2015

Disrupting Finance Since 1999

Many people believe that “alternative finance” started in 2005. US giant Lending Club was launched in 2007, two years after the arrival of major UK consumer lender Zopa. However, at least one market participant has been around for much longer. National Funding was launched in 1999. As such, it has weathered the 2002 downturn, and of course the



In The News - 07 09 2015

Guess Which Small Business Industry Is Growing the Fastest?

Growth in manufacturing and consumer spending has helped this unglamorous industry prosper

Those big rigs you see rumbling down the freeway are a sign of good times.

Trucking is now the fastest-growing small-business industry in the U.S., thanks to a robust economy and expanded options for small-business loans and financing.

Two kinds of small businesses in trucking posted the biggest jumps in



In The News - 06 12 2015

National Funding CEO Warns Against Complacency in Improved Economy

A small business funding expert is cautioning small business borrowers to remain just as diligent in assessing the different credit options available in the improving economic climate.

David Gilbert is the CEO of National Funding, a small business funder that began with equipment leasing in 1999 before growing to offer merchant cash advances, small



In The News - 10 27 2015

Online Lenders Provide Quick, Easy Access To Capital

Capital and credit markets aren’t what they used to be, and for many small and medium-sized businesses that’s turning out to be a good thing. To be sure, traditional sources of funding such as bank loans, lines of credit, and venture capital continue to dominate, but the emergence of alternative funding providers — especially tech-driven online lenders — is



In The News - 04 15 2015

National Funding CEO: Small Business Loan Market Is in ‘Hypergrowth’

About seven years ago, David Gilbert, president and CEO of small-business lender National Funding, was at the helm of a company struggling to stay afloat. The financial crisis sent some of its partner banks heading for the exits. Business had dried up, and the company was forced to cut staff.Today, Gilbert faces a different situation. As the economy has strengthened,